Diane Bryant, Intel executive Vice President and general manager of the Data Center Group, laid out the future of Intel and its role in a connected world on June 14th at the Bloomberg Technology Conference in San Francisco.

She was interviewed by Bloomberg reporter Max Chafkin, who with Ian King, wrote last week’s Businessweek story, “How Intel Makes a Chip.”The story illustrates the painstaking process for how Intel designs and manufactures complex processors.

During the interview, Bryant spoke of Intel’s widening view as the PC market slows and the company turns its attention to new markets:

“What is really exciting is the billions of other devices – I mean that’s where the growth is going to come. If you think you about the compute world, the first wave of compute came from enterprises and government using computers. … And then there was the big consumer craze with the internet and all the mobile apps and all the smartphones – everyone got a smartphone. The third big wave that is going to drive compute is all the things – so connected cars, smart cities and smart grids and distributed health care and drones and robots. It just goes on and on and on. You’re talking billions and billions of devices that will dwarf what we know today from a connected world.”

She also spoke of 5G and Intel’s role in the “cloudification” of that next-generation network. And she offered spirited support for the continuation of Moore’s Law and the spirit of Intel’s employees: “I would never bet against Moore’s Law because that’s betting that Intel employees stop inventing. And that would be a sad day.”

In response to an audience member’s question, Bryant said the Internet of Things will continue to grow more important to Intel:

“Think about the amount of compute and data required to support an autonomous vehicle. If you think it about it in terms of just massive data. So today the average smartphone creates about 30 megabytes of data traffic a day, your PC is about 90 (megabytes). When you go to an autonomous car, you’re talking now of 40 (gigabytes) of data traffic today. Go to a plane and now you’re talking terabytes – 50 terabytes of data. And then you go to a connected factory with drones and all of that, and you’re talking petabytes. So it just dwarfs what your phone and your PC are delivering and demanding from a service and network capacity perspective.”

Bryant wound up the interview with a conversation about Intel’s recognition of the importance of diversity within the high-tech ranks. She talked about how important it is to focus on elementary school students and then follow them through college and into a workforce that offers fulfilling careers.

Watch the full interview on the Bloomberg website.