I have the same impression as you and commented here a while back. I think the answer to your question falls somewhere in the middle.
They are smart guys with interesting ideas, but will not be buying fab capacity or selling products anytime soon or most likely ever.
However there is a lot of value in provocative thinking. It adds to the collective knowledge and inspires new perspectives and approaches to problem solving. That alone makes me glad their around.
On the high end of expectations they may sell some patents or license some IP, but still not in the form of a complete or competitive product.
They are smart guys with interesting ideas, but will not be buying fab capacity or selling products anytime soon or most likely ever.
However there is a lot of value in provocative thinking. It adds to the collective knowledge and inspires new perspectives and approaches to problem solving. That alone makes me glad their around.
On the high end of expectations they may sell some patents or license some IP, but still not in the form of a complete or competitive product.