Where are they?

"The size and age of the universe incline us to believe that many technologically advanced civilizations must exist. However, this belief seems logically inconsistent with our lack of observational evidence to support it. Either the initial assumption is incorrect and technologically advanced intelligent life is much rarer than we believe, our current observations are incomplete and we simply have not detected them yet, or our search methodologies are flawed and we are not searching for the correct indicators."

That's the Fermi Paradox in a nutshell. For more on the same go to wikipedia.