When you hear the phrase “information highway,” rather than seeing a road, imagine a marketplace or an exchange … All manner of human activity takes place, from billion-dollar deals to flirtations. Many transactions will involve money, tendered in digital form rather than currency. Digital information of all kinds, not just money, will be the new medium of exchange in this market.
Predictor: Gates, Bill
Prediction, in context:In his 1995 book “The Road Ahead,” Microsoft CEO Bill Gates writes about his dislike for the label “information superhigway”: ”When you hear the phrase ‘information highway,’ rather than seeing a road, imagine a marketplace or an exchange. Think of the hustle and bustle of the New York stock exchange or a farmers’ market or of a bookstore full of people looking for fascinating stories and information. All manner of human activity takes place, from billion-dollar deals to flirtations. Many transactions will involve money, tendered in digital form rather than currency. Digital information of all kinds, not just money, will be the new medium of exchange in this market.”
Biography:Bill Gates, the most influential technology entrepreneur of the late 20th century, was the primary author of the prediction-packed 1995 book “The Road Ahead” and is the founder and CEO of Microsoft Corporation. (Entrepreneur/Business Leader.)
Date of prediction: January 1, 1995
Topic of prediction: Economic structures
Subtopic: General
Name of publication: The Road Ahead (book)
Title, headline, chapter name: Chapter 1: A Revolution Begins
Quote Type: Direct quote
Page number or URL of document at time of study:
Page 6
This data was logged into the Elon/Pew Predictions Database by: Anderson, Janna Quitney