Elon University
The prediction, in brief:

Within the next five years the entire American economy is going to be reshaped around these new digital networks. Telecommuting, teleconferencing, telemedicine, teleputing will change from buzzwords into basic fabric of business and life.

Predictor: Gilder, George

Prediction, in context:

In a 1994 article he wrote for National Review, George Gilder, a fellow of the Discovery Institute in Seattle and author of “Life After Television,” expounds on his views of future communications. He writes: ”The impact of information superhighways will be vastly more powerful [than television and radio]. Within the next five years the entire American economy is going to be reshaped around these new digital networks. Telecommuting, teleconferencing, telemedicine, teleputing will change from buzzwords into basic fabric of business and life.”

Biography:

George Gilder was a pioneer the formulation of the theory of supply-side economics. In his major book “Microcosm” (1989), he explored the quantum roots of the new electronic technologies. His book “Life After Television,” published by W.W. Norton (1992), is a prophecy of computers and telecommunications displacing the broadcast-TV empire. He followed it with another classic, “Telecosm.” (Futurist/Consultant.)

Date of prediction: January 1, 1994

Topic of prediction: Economic structures

Subtopic: General

Name of publication: National Review

Title, headline, chapter name: Net Gains: Information, Technology & Culture; Breaking the Box

Quote Type: Direct quote

Page number or URL of document at time of study:
Pages 37-43

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