A non-random sample of my tech friends shows that not many have heard of memristors (though I do suspect vote tampering). I'd read a little about memristors in 2008 when the initial hubbub about the existence of memristors was raised. I, however,  immediately filed them into that comforting conceptual bucket of potentially revolutionary technologies I didn't have to worry about because like most wondertech, nothing would ever come of it. Wrong. After watching Finding the Missing Memristor by R. Stanley Williams I've had to change my mind. Memristors have gone from "maybe never" to holy cow this could happen soon and it could change everything.

Let's assume for the sake of dreaming memristors do prove out. How will we design systems when we have access to a new material that is two orders of magnitude more efficient from a power perspective than traditional transistor technologies, contains multiple petabits (1 petabit = 128TB) of persistent storage, and can be reconfigured to be either memory or CPU in a package as small as a sugar cube (in a stacked configuration)?