Elon University
The prediction, in brief:

Despite all its flaws and faults … there will be a complete dominance of this technology. I have no doubt that this is the technology of our generation and it will subsume much of the world economy.

Predictor: Gilder, George

Prediction, in context:

In a 1995 article in Denver’s major daily newspaper, the Rocky Mountain News, an unknown writer outlined a meeting of the nation’s top technology minds – Aspen Summit: Cyberspace and the American Dream II. The goal of the conference organizers – the Progress & Freedom Foundation, a Washington, D.C.-based economic think tank – according to the author, was to “create a set of principles that will guide government, industry and society through the evolution of Information Age to Knowledge Age.” The writer quotes futurist and technology expert George Gilder, a senior fellow at the Seattle-based Discovery Institute, saying: ”Despite all its flaws and faults … there will be a complete dominance of this technology. I have no doubt that this is the technology of our generation and it will subsume much of the world economy.”

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, 1995

Topic of prediction: Economic structures

Subtopic: General

Name of publication: Rocky Mountain News

Title, headline, chapter name: Conflict Certain in Cyberspace

Quote Type: Direct quote

Page number or URL of document at time of study:
Business Page 78A

This data was logged into the Elon/Pew Predictions Database by: Anderson, Janna Quitney