The prediction, in brief:

Within the next few years, business-to-consumer electronic commerce could begin to replace much of the world’s existing business infrastructure.

Predictor: McNealy, Scott

Prediction, in context:

In a 1995 article for The San Francisco Chronicle, David Einstein interviews Sun Micro Systems CEO Scott McNealy. Einstein quotes McNealy, writing:”Workstation vendor Sun Microsystems has taken another step toward dominating the backbone of the Internet by launching a range of products and services aimed a promoting business in cyberspace ‘There has been an explosion of interest in the Internet in the last year, and the popular focus has been on consumers,’ said Sun chairman and chief executive officer Scott McNealy. ‘We see an enormous opportunity, and so do our customers, for business-to-business electronic commerce, as well as for business-to-consumer commerce … We expect the Internet to be at the forefront of electronic enterprise in the decades to come. With the tools we have made available, early adopters in business-to-business settings can begin conducting electronic commerce now. Within the next few years, business-to-commerce electronic commerce could begin to replace much of the world’s existing business infrastructure.”

Biography:

Scott McNealy was the CEO and cofounder of Sun Microsystems, Inc., a leading global supplier of network computing solutions, including Java, in the 1990s. (Entrepreneur/Business Leader.)

Date of prediction: May 1, 1995

Topic of prediction: Economic structures

Subtopic: E-commerce

Name of publication: San Francisco Chronicle

Title, headline, chapter name: New Sun Micro Products Link With the Net

Quote Type: Direct quote

Page number or URL of document at time of study:
http://web.lexis-nexis.com/universe/document?_m=8ce67b6c9e2af212ba665a7f2cb47284&_docnum=1&wchp=dGLbVzb-lSlzV&_md5=7731cfac520c6a9ff15f374a999827e7

This data was logged into the Elon/Pew Predictions Database by: Meyer, Jennifer