Elon University
The prediction, in brief:

We will eventually figure out how to allow groups of people to form, run and own new corporate entities by means of action taken entirely through the Net. These new electronic corporations will be allowed to own property and take action in the real world on behalf of their owner/managers. They will be legal persons. And they will change the very nature of human collaboration.

Predictor: Johnson, David R.

Prediction, in context:

In a 1994 statement about the future of the Internet that is carried on the Electronic Frontier Foundation site, David R. Johnson, a Washington, D.C., lawyer and chairman of the EFF who helped draft the Electronic Communications Privacy Act, writes the eighth of 10 hypotheses on the Internet and law: ”The Net will make it easier for people to collaborate and, I believe, we will eventually figure out how to allow groups of people to form, run and own new corporate entities by means of action taken entirely through the Net. These new electronic corporations will be allowed to own property and take action in the real world on behalf of their owner/managers. They will be legal persons. And they will change the very nature of human collaboration.”

Biography:

David R. Johnson was the chairman of Counsel Connect and the co director of the Cyberspace Law Institute in the 1990s. (Legislator/Politician/Lawyer.)

Date of prediction: January 1, 1994

Topic of prediction: Economic structures

Subtopic: General

Name of publication: Electronic Frontier FOundation (EFF)

Title, headline, chapter name: The Future of the Net – As it Pertains to Lawyers

Quote Type: Direct quote

Page number or URL of document at time of study:
http://www.eff.org/Legal/future_legal_net_johnson.article

This data was logged into the Elon/Pew Predictions Database by: Fedders, Peter J.