They're so new, most investors have no idea what the field is all about.
But these new cutting-edge devices could find a wide range of uses in the very near future.
See, they're tailor made for things like implants in the human body. Ditto for sensors needed to check on the environment.
The fact is, uses for transient electronics seem almost endless.
And that includes spy cameras that can disappear...
That's right, a U.S. research team said they have built a working digital camera that dissolves over time. But, under terms of the secret contract, they couldn't divulge any more details about that new gadget.
But here's the thing. A somewhat shadowy arm of the Pentagon funded the research that recently led to this transient electronics breakthrough.
It's called DARPA. It's shorthand for the Defense Advanced Research Projects Agency.
Founded in 1958 to pursue and develop new cutting edge-technology for the Pentagon, DARPA presents itself as "100 geniuses connected by a travel agent."
Officials at DARPA foresee lots of applications for this new technology, from devices that can help ward off disease to those that can gather data on the enemy.
This is exactly the type of technology I'm talking about when I say we are living in the Era of Radical Change.
Complex Devices Designed to DisappearLet's face it, if I had told you 10 years ago your doctor would be able to put a camera in your body that later dissolved on its own, odds are you would have laughed me out of the room.
But in the very near future, complex devices designed to self-destruct will no longer be the stuff of science fiction. They will become science fact.
Indeed, experts in the field already use the terms "transient electronics" and "biodegradable technology" as one and the same.
That's because this new generation of gadgets breaks down over time in "bio-fluids," which includes those in the human body.
Of course, there's a strong sense of irony about this new advance.
Turns out the whole field depends on a substance we've used for thousands of years -- silk.