"There’s a lot more money being spent on understanding and modeling the market than on any of the research.” - what the shit
Memristors have "been around" in laboratory settings for a few years now. The research is done, now it's time to figure out how to market it. Seems pretty reasonable to me. This is actually very exciting to me, because the concept of a memristor, that of a large amount of small devices storing chunks of a larger piece of memory, is supposedly the same or a similar way that your brain's memory works.
Edit: "the concept of a memristor, that of a large amount of small devices storing chunks of a larger piece of memory" <-- this is not the concept of a memristor. Not even close.