This will never happen.
Excellent... ummm... how does that work then?
It's a probability thing. THe probability of it happening is so low as to be negligible.
Even if you could generate a trillion addresses every second for the rest of your life, generating someone else's address is still less probable than the chance that Barack Obama will pick you up as a hitchhiker, take you to a gas station, where you'll buy the winning lottery ticket for Mega Millions at 12:12pm on 12/12/12 with a ten-dollar bill that fell out of an overhead helicopter into your shirt pocket while the Pope is simultaneously being struck by lightning.
How long would it take the super-ist super-computer to generate & save 1/10 of all possible addresses? .0686 btc bounty!