"Memristive devices could change the standard paradigm of computing by enabling calculations to be performed in the chips where data is stored rather than in a specialized central processing unit. Thus, we anticipate the ability to make more compact and power-efficient computing systems well into the future, even after it is no longer possible to make transistors smaller via the traditional Moore’s Law approach."
– R. Stanley Williams, senior fellow and director, Information and Quantum Systems Lab, HP
"Since our brains are made of memristors, the flood gate is now open for commercialization of computers that would compute like human brains, which is totally different from the von Neumann architecture underpinning all digital computers."
– Leon Chua, professor, Electrical Engineering and Computer Sciences Department, University of California at Berkeley.
http://www.hp.com/hpinfo/newsroom/press/2010/100408xa.html
It just seems odd to go into such depth on transistor density and CPU/memory architectures (and potential future architectures) without mentioning memristors.
I agree that utilization of cloud resources will be an increasingly fundamental component of modern device architecture, but - at the risk of sounding hyperbolic - if memristors live up to the promise, we're talking about supercomputers the size of the human brain*