Bill Gates just finished his keynote here at the RSA Conference in San Jose. He gave a good show and even dropped security buzzwords such as botnets, rootkits and phishing. He also mentioned malicious attacks against mobile phones as an example of current trends.
Bill's presentation focused on four things that we need: trust ecosystem, engineering for security, simplicity and fundementally secure platforms.
On authentication his comment was simple: "passwords won't cut it anymore".
Likewise, on simplicity of security systems he said: "we absolutely have to do better".