A camera holds a year's worth of photos and videos now. Storage is measured in petabytes. PCs may no longer need booting. The memristor is a new circuit element that was theorized in 1971 and first created in 2008. It is a resistor that remembers the amount of charge that flows through it. Memristors could replace other memory technologies due to benefits like non-volatility, faster speeds, and higher density. They may also enable new applications in AI, flexible displays, sensors, and more lifelike computing.