Convergence is a con job. It’s a con invented as a pain-killer for worried executives. Industries don’t converge: they can’t.
Predictor: Stahlman, Mark
Prediction, in context:In a 1994 article for Red Herring, Mark Stahlman, the president of New Media Associates, shares his take on the Internet and the future of new media. Stahlman writes: ”Convergence is a con job. It’s a con invented as a pain-killer for worried executives. Industries don’t converge: they can’t … As everyone who lives in the world of regulated monopolies knows (yes, that’s what telcos and cable ops are), today’s press release is just the latest negotiating position. When you have someone big and powerful constantly tinkering with your business, you are always trying to wriggle free and find some daylight.”
Biography:Mark Stahlman was the president of the New York-based research and financial services firm New Media Associates in the 1990s. (Entrepreneur/Business Leader.)
Date of prediction: March 1, 1994
Topic of prediction: Information Infrastructure
Subtopic: General
Name of publication: Red Herring
Title, headline, chapter name: New Media – What’s Real & What’s Not
Quote Type: Direct quote
Page number or URL of document at time of study:
http://www.redherring.com/mag/issue09/media.html
This data was logged into the Elon/Pew Predictions Database by: Taylor, Kellen L.