Intel's Cloud Computing VP: 5 Years From Now We'll Be Wondering What Passwords Even Were

Although Intel Corporation INTC was quite late in the mobile computing chip space, letting companies like QUALCOMM, Inc. QCOM to be the market leader in that space, it is bridging the gap fast with innovation in both the computing and communication space.

Kirk Skaugen, Intel's VP for cloud computing, was on Bloomberg to talk about the latest innovations happening at Intel.

Exciting Times Ahead

"The whole world is getting more smart and connected," Skaugen said. "So, this is really the main event, where people watch their products for the next year and kind of talk about what's going to be exciting."

No More Just A PC Company

When asked about what Intel will be rolling out over the course of this year, Skaugen replied, "Well, I think Intel has been known long as a PC company, but they are going to be announcing an entire new lineup of both computing and communications chips that are going to make consumer devices, whether they are phones or tablets or phablets much higher performance and longer battery life."

He continued, "And they will launch a new set of user experiences and a vision to basically eliminate all passwords, all wires and move the world to kind of gesture and new interface for computing."

No Passwords, Really?

"We interview hundreds of thousands of people a year and what is really frustrating people is those passwords, both the ones that you got to do every day as well as the ones that when you are trying to get into your 401k account in the weekend and you can't get it," Skaugen said. "Our job is to basically make your phone your password and five years from now we'll be wondering what the heck those things even were.'"