Digital data, and bandwidth for digital data, is going to be cheaper and more plentiful. Digitally distributed information is going to be available at lower and lower cost.
Predictor: Grove, Andy
Prediction, in context:In a 1994 article for BusinessWeek, Geoff Lewis interviews Intel CEO Andy Grove. Grove tells Lewis: ”Switching equipment’s capabilities are being increased at the same rate as computing capabilities were increased in the ’80s. But more important, with most of the information content becoming digital, the task of sending large amounts of data over the existing infrastructure, even larger amounts of data, becomes economically possible. Digital data, and bandwidth for digital data, is going to be cheaper and more plentiful. Digitally distributed information is going to be available at lower and lower cost.”
Biography:Andy Grove was computer chipmaker Intel’s CEO from 1987 to 1998. He received much recognition for his tech achievements, including the 1987 Engineering Leadership Recognition Award from the IEEE and Time magazine’s Man of the Year for 1997. (Entrepreneur/Business Leader.)
Date of prediction: January 1, 1994
Topic of prediction: Information Infrastructure
Subtopic: Cost/Pricing
Name of publication: BusinessWeek
Title, headline, chapter name: The World According To Andy Grove
Quote Type: Direct quote
Page number or URL of document at time of study:
Business Week Special 1994 Bonus Issue: The Enabling Technology. June 1994, Page 76 http://web.lexis-nexis.com/universe/document?_m=6e350aa48e93e63465292e9b2da5b22e&_docnum=1&wchp=dGLbVlb-lSlzV&_md5=26368617b22bafcf9b58beff28792bce
This data was logged into the Elon/Pew Predictions Database by: Garber, Adam