The jockeying for position for the payment-protocol standards … slows commerce. We need the Microsofts and the Netscapes to arrive on standards, and right now that’s unclear how that’s going to unfold. The growth of the Web is huge, but commerce has yet to take off, and standards have to come into play.
Predictor: Colbeth, Doug
Prediction, in context:In a 1995 PC Week article, Spyglass CEO Doug Colbeth says future corporate reliance on the World Wide Web cannot be overstated, as companies increasingly build secure intranets for internal corporate communications. Spyglass Inc., founded in 1990 by scientists from the National Center for Supercomputing Applications at the University of Illinois, created its own Web browser based on NCSA technology and became a leading supplier of Web-enabling technologies for servers and desktops. In response to the question, ÒWhat’s the biggest thing keeping Internet from growing?Ó Colbeth replies: ”The jockeying for position for the payment-protocol standards, which slows commerce. We need the Microsofts and the Netscapes to arrive on standards, and right now that’s unclear how that’s going to unfold. The growth of the Web is huge, but commerce has yet to take off, and standards have to come into play.Ó
Date of prediction: January 1, 1995
Topic of prediction: Information Infrastructure
Subtopic: Cost/Pricing
Name of publication: PC Week
Title, headline, chapter name: Spyglass Permeating the Web; CEO Colbeth Sees a Bright Future in Internet Marketplace
Quote Type: Direct quote
Page number or URL of document at time of study:
Page 85
This data was logged into the Elon/Pew Predictions Database by: Guarino, Jennifer Anne