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In 1987, Makimoto's wave described the semiconductor industry's cyclical alternation between standardization and customization, providing insight about chip innovation's great impact on the computer revolution. The wave's originator reviews its past and current predictive abilities, offering a glimpse of where computing might be headed. The Web extra at http://youtu.be/FCmfcfPt4T4 is a video in which Tsugio Makimoto describes how he discovered the cyclical nature of the semiconductor industry and the implications of the concept called Makimoto's wave. He also credits David Manners in the UK for helping to share the concept with computing professionals.