To build the nationwide fiber-optic network necessary for full interactive multimedia – which combines video and audio with the text and still pictures that current networks can carry – would require at least $ 325 billion, according to Electronic Frontier Foundation estimates.
Predictor: Electronic Frontier Foundation
Prediction, in context:In a 1992 article for The Houston Chronicle, Joe Abernathy writes: ”To build the nationwide fiber-optic network necessary for full interactive multimedia – which combines video and audio with the text and still pictures that current networks can carry – would require at least $ 325 billion, according to Electronic Frontier Foundation estimates.”
Date of prediction: December 21, 1992
Topic of prediction: Information Infrastructure
Subtopic: Cost/Pricing
Name of publication: Houston Chronicle
Title, headline, chapter name: Clinton Team Signals New Computer Era; Gore Worked 10 Years to Put America Online
Quote Type: Direct quote
Page number or URL of document at time of study:
http://web.lexis-nexis.com/universe/document?_m=61985256ec70ace3a9f126772b9792a6&_docnum=1&wchp=dGLbVlz-lSlzV&_md5=5f552e188fc2b0d5e62077a265962f04
This data was logged into the Elon/Pew Predictions Database by: Garrison, Betty