The future of the computer and communications industries will be driven by applications, not by scientific breakthroughs like the transistor, microprocessor, or optical fiber. The problems now stem not from basic material sciences but from basic human needs. To focus on the future of the “bit” industry, there is no better place to set one’s tripod than on the entrepreneurial, business, and regulatory landscape of the United States, with one leg each in the New York, American, and NASDAQ exchanges.
Predictor: Negroponte, Nicholas
Prediction, in context:In a 1994 essay for Wired magazine, Nicholas Negroponte, a founder and director of MIT’s Media Lab, writes: ”The future of the computer and communications industries will be driven by applications, not by scientific breakthroughs like the transistor, microprocessor, or optical fiber. The problems now stem not from basic material sciences but from basic human needs. To focus on the future of the ‘bit’ industry, there is no better place to set one’s tripod than on the entrepreneurial, business, and regulatory landscape of the United States, with one leg each in the New York, American, and NASDAQ exchanges.”
Biography:Nicholas Negroponte, a co-founder of MIT’s Media Lab and a popular speaker and writer about technologies of the future, wrote one of the 1990s’ best-selling books about the new future of communications, “Being Digital.” (Pioneer/Originator.)
Date of prediction: January 1, 1994
Topic of prediction: Economic structures
Subtopic: General
Name of publication: Wired
Title, headline, chapter name: Bit by Bit on Wall Steet: Lucky Strikes Again
Quote Type: Direct quote
Page number or URL of document at time of study:
http://www.wired.com/wired/archive/2.05/negroponte_pr.html
This data was logged into the Elon/Pew Predictions Database by: Anderson, Janna Quitney