Everybody wants to do that, to be the first bank of the Internet.
Predictor: Joy, Bill
Prediction, in context:In a 1995 Information Week article regarding the future of the Internet, Bill Joy commented on the degree to which the Internet will be commercialized in the future: ”Everybody wants to do that, to be the first bank of the Internet: ‘Wire me your credit card, and we’ll take a percentage.’ We’re looking at what kind of technology you’ll need in servers. We’ve been working with the government to try to make sure that the protocols for electronic commerce are open so that we don’t get the first monopoly ‘NetBank.'”
Biography:Bill Joy served as chief of technical strategy at Sun Microsystems, a position he held in the 1990s, from the founding of days of the company in 1982. (Technology Developer/Administrator.)
Date of prediction: July 1, 1995
Topic of prediction: Economic structures
Subtopic: E-commerce
Name of publication: Information Week
Title, headline, chapter name: The Internet – Where’s It All Going?
Quote Type: Direct quote
Page number or URL of document at time of study:
http://web.lexis-nexis.com/universe/document?_m=b83c10508e19ffbee2b32765ce099c64&_docnum=13&wchp=dGLbVlz-lSlAl&_md5=c019c9e4607b692c5d94a18a96d58bde
This data was logged into the Elon/Pew Predictions Database by: Bruno, Marian Theresa