Memsistor

According to Hewlitt Packard they have created what they term a "memsistor" or a "memory resistor". First theorized in 1971 it now appears to be real. If what they say is true it may well revolutionize computing and electronics in general over the next 5 or so years. A memsistor is defined as a non volatile, non linear electronic component that defies Ohm's Laws. A memsistor is defined as a non volatile, non linear electronic component that defies Ohm's Laws.
It was created in the HP Quantum Physics Research Lab. As voltage is applied in one direction, resistance increases, and if applied in the opposite direction, reistance decreases. In adidtion, being non volitile, it remembers it's last state. To carry this further, one could imagine a computer that only needs to be booted 1 time because it will always remember what its state is. It could also be used to drastically reduce power usage by elctronic devices. Other uses can be left to the imagination. At this point the memsistor is just switiching from research to developement and may bear fruits in the next 5 years.

P.S. I heard about this on NPR so it has to be ture!!!