Memristors are seen as the enabler of brain like computers of the future. HP made headlines in 2008 with proving the existance of Memristors. The NY Times reports that HP is unveiling the current state of affairs in their Memristor research today.
Memristor is the fourth fundamental circuit element, along with the resistor, capacitor and inductor, and it has properties that could not be duplicated by any combination of the other three elements.
Memristors could make it possible to develop computer systems that have memories that do not forget, do not need to be booted up, consume far less power and associate information in a manner similar to that of the human brain.
HP is supposed to be able to create memristor based memory chips in 3 years.
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