There will be no convergence. There will be no 500-channel future. There will be no $3 trillion mother of all industries. There will be no virtual sex. There will be no infobahn. None of it.
Predictor: Stahlman, Mark
Prediction, in context:In a 1994 article for Wired magazine, Mark Stahlman writes: ”All the headlines about the digital, interactive, 500-channel, multi-megamedia blow-your-socks-off future are pure hype. Yes, all the wild Wall Street, through-the-roof, Crazy Eddie, cornucopia, shout-it-out-loud promo jobs are pure greed. It’s all a joke. ”It’s now official. I’m announcing the beginning of a convergence backlash. There will be no convergence. There will be no 500-channel future. There will be no $3 trillion mother of all industries. There will be no virtual sex. There will be no infobahn. None of it … Why all the hype and the greed? Everyone wants to look smart. But no one knows what to do with these new technologies.”
Biography:Mark Stahlman was the president of the New York-based research and financial services firm New Media Associates in the 1990s. (Entrepreneur/Business Leader.)
Date of prediction: March 1, 1994
Topic of prediction: General, Overarching Remarks
Subtopic: General
Name of publication: Wired
Title, headline, chapter name: Backlash: The Infobahn Is a Big, Fat Joke
Quote Type: Direct quote
Page number or URL of document at time of study:
http://www.wired.com/wired/archive/2.03/infobahn_pr.html
This data was logged into the Elon/Pew Predictions Database by: Taylor, Kellen L.