Elon University
The prediction, in brief:

The scarce resource is the human mind. People will be more valuable. People will get paid better … It’s utter garbage to say that our grandchildren won’t live as well as we do. People who say this just don’t see the technology.

Predictor: Gilder, George

Prediction, in context:

In a 1993 article for Wired magazine, executive editor Kevin Kelly interviews George Gilder, author of “Wealth and Poverty” and “Telecosm.” Kelly quotes Gilder: ”The scarce resource is the human mind. People will be more valuable. People will get paid better. We need people to provide the software, the interfaces, the standards, and the protocols to all these systems that make it possible to exploit these increasingly cheap resources. So it’s the human mind that you ultimately have to economize on. That’s the reason I think it’s utter garbage to say that our grandchildren won’t live as well as we do. People who say this just don’t see the technology. They live in this bizarre world of thermodynamics, where entropy rules, and we’re dominated by our waste products. It is very short-sighted.”

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, 1993

Topic of prediction: Information Infrastructure

Subtopic: General

Name of publication: Wired

Title, headline, chapter name: George Gilder: When Bandwidth is Free: The Dark Fiber Interview

Quote Type: Direct quote

Page number or URL of document at time of study:
http://www.wired.com/wired/archive/1.04/gilder_pr.html

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