[lifeisstillgood]

This is not about passwords per se - its about identity verification providers (as-a-service).

There is a fight coming. A few global providers will have the single-sign-on password/biometric/blah of everyone (the UK government is starting to mandate the use of seven such providers.)

This is big not just because of the commercial advantages of being the sign-in point of 1 billion people. But because right now my major identity verifier is my own government (passports, NHS number, Social Security, arrest record etc). But it will not be in 20 years - I expect I will visit the hospital and need to verify who I am through GoogleID.

The thing is. I expect GoogleID will be a heavily regulated industry by then too.