The video telephone and the transfer of information into home and office via communication networks … will change the face of communication as we now know it.
Predictor: Celente, Gerald
Prediction, in context:In a 1993 article in Business Credit, the publication of the National Association of Credit Management, writer Eric Anderson interviewed futurist Gerald Celente. Anderson writes: ”Business Credit asked Gerald Celente, author of ‘Trend Tracking – the System to Profit from Today’s Trends,’ director of the Trends Research Institute, and editor and publisher of the Trends Journal, to share his views on what the future has in store for technological progress in America … ”BC: You pointed out recently that innovations in the telecommunications field will probably be remembered as one of the major breakthroughs of this century. Specifically, what will some of these advancements be?” ”Celente: The video telephone and the transfer of information into home and office via communication networks … will change the face of communication as we now know it. What you have to understand is that trends are born, they grow, they mature, they reach old age, and they die. In 1977, Ken Olson, who up until recently was the chief executive officer at Digital Corporation, said that there is no reason for anyone to have a computer in their home. That was in 1977, and there are now some 23 million in homes across the country. The reason I point this out is that we are still at the very early stages of growth in this area.”
Biography:Gerald Celente was a futurist and director of the Trends Research Institute. He began this career in 1980 and correctly predicted both the fall of the Soviet Union and the stock market crash of the late 1980s. (Futurist/Consultant.)
Date of prediction: January 1, 1993
Topic of prediction: General, Overarching Remarks
Subtopic: General
Name of publication: Business Credit
Title, headline, chapter name: The Trends that Will Shape Our Future
Quote Type: Direct quote
Page number or URL of document at time of study:
http://proquest.umi.com/pqdweb?Did=000000000271706&Fmt=3&Deli=1&Mtd=1&Idx=142&Sid=5&RQT=309
This data was logged into the Elon/Pew Predictions Database by: Canizaro, Lauren