1994 2.6 cents/megabit 2004 9 cents/gigabit 2015 .5 cents/terabit
Predictor: Schmidt, Eric
Prediction, in context:In a presentation to the Powering up North America Conference in Toronto Feb. 2, 1994, Eric Schmidt of Sun Microsystems predicted that order-of-magnitude decreases in the cost of bandwidth would outpace even the growth of power in computers expressed in Moore’s Law. His figures: Year Projected Cost/Bit 1994 2.6 cents/megabit 2004 9 cents/gigabit 2015 .5 cents/terabit
Biography:Eric Schmidt was chief technology officer at Sun Microsystems from 1983-1997, where he earned international recognition as an Internet pioneer. He was also instrumental in the development and widespread acceptance of Java – Sun’s highly successful 1990s Internet programming language. He later worked as chief executive at Google. (Pioneer/Originator.)
Date of prediction: February 2, 1994
Topic of prediction: Information Infrastructure
Subtopic: Cost/Pricing
Name of publication: Electronic Highway Issues on Foreign Jurisdictions
Title, headline, chapter name: Bandwidth
Quote Type: Paraphrase
Page number or URL of document at time of study:
http://www.tmdenton.com/schmidt.htm
This data was logged into the Elon/Pew Predictions Database by: Sturmfelz, Matt