Hackers will bust open the system and keep hitting the win button. It may give the industry a bad name.
Predictor: Herschman, David
Prediction, in context:In a 1995 article on online gambling for Wired magazine, Evan Schwartz quotes David Herschman:”A wily hacker could quite plausibly discover a flaw in the software and compound winnings to his or her account, in effect stealing the payout from the real winners. [David] Herschman, of Virtual Vegas, says he needs to see improved security on the Internet before he begins dealing in real money. ‘Hackers will bust open the system and keep hitting the win button,’ he predicts. ‘It may give the industry a bad name.'”
Biography:David Herschman, the founder of Virtual Vegas, the online gambling service, also founded a CD publishing company in the 1990s. (Entrepreneur/Business Leader.)
Date of prediction: October 1, 1995
Topic of prediction: Economic structures
Subtopic: Gambling
Name of publication: Wired
Title, headline, chapter name: Wanna Bet?
Quote Type: Direct quote
Page number or URL of document at time of study:
http://hotwired.lycos.com/collections/internet_law/3.10_gambling_pr.html
This data was logged into the Elon/Pew Predictions Database by: Anderson, Janna Quitney