The advent of cyberspace will have profound effects on so-called post-industrial culture, and the material and economic rewards for those who first and most properly conceive and implement cyberspace systems will be enormous.
Predictor: Benedikt, Michael
Prediction, in context:In a 1991 article for The New York Times, Peter Lewis quotes Michael Benedikt, a professor of architecture from the University of Texas and the editor of the collection “Cyberspace: First Steps.” Lewis writes: ”If information is indeed the oil of the 21st century, computers are the refineries and networks are the pipelines. Many companies, especially banks and other financial institutions, exist in the electronic twilight of computer systems. What is the essence of a bank, after all, if not a flow of data? … ‘The advent of cyberspace will have profound effects on so-called post-industrial culture,’ Mr. Benedikt writes, ‘and the material and economic rewards for those who first and most properly conceive and implement cyberspace systems will be enormous.'”
Biography:Michael L. Benedikt founded the International Conference on Cyberspace in 1991. He is author of “For an Architecture of Reality” (Lumen Books, 1987), and author/editor of “Cyberspace: First Steps” (MIT Press, 1991). He lectured widely in the U.S. and abroad. (Research Scientist/Illuminator.)
Date of prediction: December 1, 1991
Topic of prediction: General, Overarching Remarks
Subtopic: General
Name of publication: New York Times
Title, headline, chapter name: The Executive Computer; Hands Off the Keys, Noses Into Books
Quote Type: Direct quote
Page number or URL of document at time of study:
http://web.lexis-nexis.com/universe/document?_m=f1850f49dfad332bf5dcf80debd0dcad&_docnum=1&wchp=dGLbVlz-lSlzV&_md5=6c1f31585fcff3eed44839fc67646e7b
This data was logged into the Elon/Pew Predictions Database by: Garrison, Betty