Operating Systems of the Futre

Business Pundit, whilst blogging on vertical integration at Microsoft, has this to say about the future of operating systems:

I am not a believer in the web operating system. Not for a second. I think things will go in reverse. I think I will store and process all kinds of things locally that I don't today. I think my use of a connection outside of my own PAN will be less on-demand and more asynchronous. I think the PC will go away, replaced by a mobile device that stores all my info. I will set that device down next to a monitor. mouse, keyboard and mass storage device and it will wirelessly connect to everything. That will be my "computer."