Between now and 2020, the trend will continue, spreading cutting-edge technologies to every corner of the country and beginning to make innovations once consigned to the realm of science fiction real for millions of Americans. Specifically what can we expect? Solar power on steroids, longer lives, the chance to get rid of obesity once and for all and portable computing devices that start becoming part of your body rather than being held in your hand.

What will drive all this accelerating change is precisely what has driven it this past half-century: the exponential growth in the power of information technology, which approximately doubles for the same cost every year. When I was an MIT undergraduate in 1965, we all shared a computer that took up half a building and cost tens of millions of dollars. The computer in my pocket today is a million times cheaper and a thousand times more powerful. That's a billion-fold increase in the amount of computation per dollar since I was a student.

That incredible force - information technology that moves faster, then faster, then faster still - will power changes in every imaginable realm over the next decade.

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