Monday, September 11, 2006

Bursting Tech Bubbles Before They Balloon

Interesting IEEE Spectrum article on the technology trends for the next 50 years:
The survey identified five themes that we believe are the main arteries of science and technology over the next 50 years: “Computation and Bandwidth to Burn” involves the shift of computing power and network connectivity from scarcity to utter abundance; “Sensory Transformation” hints at what happens when, as Neil Gershenfeld, director of MIT’s Center for Bits and Atoms, puts it, “things start to think”; “Lightweight Infrastructure” is precisely the opposite of the railways, fiber-optic networks, centralized power distribution, and other massively expensive and complicated projects of the 20th century; “Small World” is what happens when nanotechnology starts to get real and is integrated with microelectromechanical systems (MEMS) and biosystems; and finally, “Extending Biology” is what results when a broad array of technologies, from genetic engineering to bioinformatics, are applied to create new life forms and reshape existing ones.