Cybernautic brokers of the future [will] zoom through landscapes that are the 3D depictions of marketplaces, as reported through global electronic transactions systems, in real time.
Predictor: Schwartz, Peter
Prediction, in context:In a 1991 article for the New York Law Journal, Alan Rothman quotes Howard Rheingold’s quotation of Peter Schwartz in the book “Virtual Reality.” Rothman writes: ”No longer merely the province of propulsive cyberpunk science-fiction novels by William Gibson, viable technology now exists to create and explore entirely computer-generated worlds … Investment firms and university researchers are investigating the plausibility of programming portfolios of securities to appear as three-dimensional objects which can literally be ‘felt’ and transposed in myriad new ways within VR environments. Indeed, Peter Schwartz, former director of the Strategic Environment Center at the Stanford Research Institute, who later worked for Shell and the London Stock Exchange, told the author he foresees ‘cybernautic brokers of the future who zoom through landscapes that are the 3D depictions of marketplaces, as reported through global electronic transactions systems, in real time.’ (Think you have trouble reaching your broker now?)”
Biography:Peter Schwartz, a futurist and co-founder of the Global Business Network, was a 1990s adviser to the Pentagon and large corporations on how to adapt to the new realities of an information-based world. He also wrote for Wired magazine. (Futurist/Consultant.)
Date of prediction: December 1, 1991
Topic of prediction: Getting, Sharing Information
Subtopic: Virtual Reality
Name of publication: New York Law Journal
Title, headline, chapter name: Virtual Reality
Quote Type: Partial quote
Page number or URL of document at time of study:
http://web.lexis-nexis.com/universe/document?_m=8cd91cdf47cbcd968c1834f81876c34c&_docnum=1&wchp=dGLbVlz-lSlzV&_md5=fc9d64024cdb36b85024fdb7a9a05a57
This data was logged into the Elon/Pew Predictions Database by: Garrison, Betty