The infrastructure companies – the cable and phone companies – will be providing these services for around $20 a month. Once these technologies come into play, users will benefit from a data rate that is almost 10 times as great as what is currently available.
Predictor: Gates, Bill
Prediction, in context:In a 1995 article for Red Herring magazine, Alex S. Vieux interviews Microsoft CEO Bill Gates in Madrid, Spain, at the European Technology Roundtable Exposition. Gates says: ”We are also big believers in the move to midband technologies, which covers both ISDN and PC cable-modems. Both of those technologies have been much maligned over the last couple of years for their high prices. But I can say with confidence that the infrastructure companies – the cable and phone companies – will be providing these services for around $20 a month. Once these technologies come into play, users will benefit from a data rate that is almost 10 times as great as what is currently available. So we’ll move from the narrowband world, where text comes across at an excellent speed and pictures come across at an adequate speed, to the mid-band world, where pictures come across at a great speed and video comes across with adequate quality – at least good enough to do videoconferencing.”
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: October 1, 1995
Topic of prediction: Information Infrastructure
Subtopic: Cost/Pricing
Name of publication: Red Herring
Title, headline, chapter name: The Once and Future Kings
Quote Type: Direct quote
Page number or URL of document at time of study:
http://www.redherring.com/mag/issue2.5/once.html
This data was logged into the Elon/Pew Predictions Database by: Anderson, Janna Quitney