In the 60 year history of computers, there has been a constant improvement of computational speed.  Ever faster has always been one of the driving metrics of the industry.  Moore’s Law has been manifested with desktops and laptops to the point where the computers we use are as fast as we need.  The machines we use today are incredibly faster that those we used at the turn of the century.  The power of these machines however is dwarfed by the super computers now being developed.

It is in the arena of super computers that both the outer and inner reaches of reality can be explored.  The advanced computer modeling and the running of complex scenarios and of course the ability to beat a human chess grandmaster is the realm of super computers.

The world’s fastest computer is being built and installed at the Argonne National Laboratory in the western suburbs of Chicago. IBM Corp. and the Department of Energy, which owns Argonne, have contracted for a new supercomputer that is now being installed with a peak capability of 445 teraflops, or 445 trillion calculations per second. The current record-holder is the Department of Energy’s Lawrence Livermore National Laboratory in California, which has an IBM Blue Gene/L with a peak capability of about 360 teraflops….

Google has now made the long awaited announcement that it would be entering the wireless arena.  It was not a product, or “Google Phone” roll-out, but rather the announcement of OHA, or the Open Handset Alliance.  OHA(my choice to come up with an acronym as the full name sounds a bit too bureaucratic and almost Orwellian for me to type it a lot) is the next step in the globalization of connectivity and something I have anticipated and expected for a couple of years.

On this blog, and at conferences I point to the fact that it is the cell phone that is the true global technology. I have written about the explosive growth and sheer numbers of devices, of the technological innovation and how the cell phone has found a seat at the table of major media.  OHA takes the logical next step which is to break up the walled gardens of carriers and software suppliers.  Incompatibility is at odds with a world of  ever increasing connectedness.  Universality is one of the touch stones of our wireless future.  Another is the ongoing commoditization of the entire business pushing costs ever lower for the consumer.  OHA will facilitate both of these inevitable trends.

Google of course is doing this for business reasons.  They hope to dominate the mobile advertising marketplace the way they currently dominate the on-line one.  In addition, they seem to have a strong desire to attack the business constructs of Microsoft and other companies that sell …

There is no question in my mind but that oil will rise to at least $100 a barrel within the next year. It is easy to see a scenario of $125 a barrel price in the same time frame. The triple digit price of oil will become the norm. Recently it has been trading in the $80-90 range, and as it approached the upper end of that range the media began again covering the story with “sky is falling” concern about what this might mean for the economy. This reminded me of the comment that James Schlesinger, the first U.S. Secretary of Energy made about the country’s approach to energy: “We have only two modes – complacency and panic”.

At the beginning of this year, when oil was trading in the $50-60 price range, I was on a television program and predicted that the price would be up dramatically in 2007 and could easily top $80. That statement came not from any expertise about an ability to correctly predict commodity prices but from the fact that, as a futurist, I look at the long term, at overarching trends and patterns. The price of oil is on a long term up trend and will continue that way for years into the future.

Some historical perspective will be helpful. The price of oil from 1900 to the early 1970s was single digit. Then the OPEC oil embargo quickly quadrupled the price of oil. The price of oil hit a then all-time high of $41/barrel …

Intellectual Property (IP) has always been important.  However, as I have written here, in the last 30 years, it has replaced hard assets as the most important part of corporate valuations.  In the Shift Age IP will be the most important asset that any individual or company can own.  The ability to create value, transactions, liquidity and ultimately an open marketplace of Intellectual Capital (IC) is therefore one of the most important historical developments that lies ahead for the emerging global economy.In a couple of recent columns, I have written about the efforts of one company, Ocean Tomo, to lead the way into this new future of IC.  Today we publish an interview with James Malackowski, Founder and CEO of Ocean Tomo.

James E. Malackowski is the President and Chief Executive Officer of Ocean Tomo, LLC, an integrated Intellectual Capital Merchant Banc® firm providing valuation, investment and risk management, corporate finance and expert services.   Ocean Tomo assists clients – corporations, law firms, governments and institutional investors – in realizing Intellectual Capital Equity® value broadly defined.  Subsidiaries of Ocean Tomo include: Ocean Tomo Auctions, LLC; Ocean Tomo Asset Management, LLC; and Ocean Tomo Capital, LLC — publisher of the Ocean Tomo 300® Patent Index (Amex: OTPAT), the Ocean Tomo 300® Patent Growth Index (Amex: OTPATG) and the Ocean Tomo 300® Patent Value Index (Amex: OTPATV).
Mr. Malackowski is an internationally recognized leader in the field of Intellectual Property (“IP”) management as well as a noted expert in business valuation and …