No, Virginia, The Net Is Not Going To Make Everything Simple

Arno Penzias sees a multiplicity of e-devices in which "no one size fits all"

After 36 years at Bell Laboratories, including three years as director of the legendary research center, Nobel laureate Arno A. Penzias has retired in California. There, he serves as an adviser and investor with blue-blood venture capitalist firm New Enterprise Associates, offering his insights into telecommunications and other technologies. Dressed in a red sweatsuit in his San Francisco home, Penzias shared some of those insights with BUSINESS WEEK's Andy Reinhardt, while cargo ships plied the bay outside his picture windows.

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