Switching of optical signals carried in telecommunications networks currently requires conversion to electrical signals, which must be switched and then converted back to optical format. Existing electro-optical technology may ultimately be able to provide transmission speeds of up to 100 gigabits-per-second. However, all-optical processing could theoretically transmit data at speeds as high as 2,000 gigabits-per-second, allowing download of high-definition movies in minutes rather than hours.

Needless to say, this would be an enormously significant advance.  To read the complete article, click here.