Jim's Predictions

It may be unwise to expose the foibles of my predilection for predictions, but I'm nothing if not unwise.

11/1986

Phillips CD-i is already obsolete and will never succeed other than in niches. ^[note]

Philips abandoned CD-i in 1998.

7/1989

Erasable CD's will be introduced in 1992 or 1993.

I missed this one by a mile.

7/1989

By 1994 most new cameras will be digital.

I was 4 or 5 years early on this one. Although by 1996 a majority of professional photographers had gone digital.

6/1990

Rap will die out in two years.

One can always dream.

11/1991

18-inch satellite dishes will start showing up in 1994.

I got this one right, just barely.

12/1992

By the end of 1995, SGI will have the largest base of installed computers (by virtue of their CPUs being the standard for interactive TV interface boxes).

Nope. In fact it will probably happen the other way around: computers will replace set-top boxes and, eventually, TVs. (When the Internet takes over the world you'll have a work computer and an entertainment computer.)

2/1995

DTV (HDTV) sets will appear on the market in 1997, but won't be affordable (under $1000) until 2002.

12/1995

By this time next year, K-band satellite dishes (DSS, DishNet etc., which currently cost about $600) will be given away free when you sign up for the service, like cellular phones are now.

4/1996

By the end of 1998 most CD-ROM drive makers will have switched to DVD-ROM drives (that also read CD-ROMs). The last CD-ROM drive will be made in 1999.
I was way too optimistic.

6/1996

By 2002 we'll have dedicated "recipe book" computers that stick on your kitchen wall and cost under $50.

11/1996

It will take 18 years (2014) to get "paperback book" computers that have 5" x 7" high-contrast color screens at 300 dpi.

6/1997

DVD video recording for consumers won't appear until 2001.
Right on the nose, as long as you don't count Japan (which had it in December 1999).

6/1997

High-density DVD won't be on the market until 2004 at the earliest.

Other People's Predictions

1876

"This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us."

-- Western Union internal memo

1902 (?)

"In fifteen years more electricity will be sold for electric vehicles than for light."

-- Thomas Edison

1913

"The talking motion picture will not supplant the regular silent motion picture.... There is such a tremendous investment in pantomime pictures that it would be absurd to disturb it."

-- Thomas Edison, in Munseys magazine

1924

"There will never be speaking pictures."

-- D.W. Griffith, cinema pioneer

1929

"Stocks have reached what looks like a permanently high plateau."

-- Irving Fisher, Professor of Economics, Yale University

1949

"Computers in the future may weigh no more than 1.5 tons."

-- Popular Mechanics

1982

"I say to you that the VCR is to the American film producer and the American public as the Boston strangler is to the woman home alone."

-- Jack Valenti, President of the Motion Picture Association of America, testifying on videocassette recorders before the U.S. House Judiciary Committee

2/1995

One billion people on the Internet by the year 2000.

-- Nicholas Negroponte, Director of MIT Media Lab

4/1995

The 40 million worldwide users of the Internet today will reach over 200 million by 1999.

-- International Data Corporation

7/1995

In August 1981 there were 213 known Internet servers; as of July 1995 there were 6,642,000. By the year 2000 there will be approximately 101 million Internet servers.

-- Network Wizards

9/1995

More than 8 million subscribers to the Microsoft Network by 1999, and over 26 million total online subscribers. Online sales will reach $24.1 billion in 1999, a 75% increase over 1994. More than 500 million people on the Internet.

-- SIMBA Information Inc.

9/1995

The total online community--including those with both a direct Net connection and access via an online service--should skyrocket to 12 million by late 1996.

-- O'Reilly & Associates and Trish Information Services

12/1995

"I'm an optimist. I think in three years in the U.S. we'll have millions of people connected up through ISDN and cable modems."

-- Bill Gates, Chairman and CEO of Microsoft

12/1995

Internet stocks will crash by July 1996. (They suggested a put option on Inter@ctive Week Internet Index counting on a drop from 240 to below 150, for a profit of over 200%.)

-- Personal Finance Newsletter

They got it wrong: on July 10 the index was up to 245. If you had followed their advice you would have lost money.

Jim's Prediction (1/95): Internet stocks will crash, but not very hard and long after July 1995.

I'm right so far.

1/1996

DVD sales will reach 3 million in the first year. 120 million DVD-ROM drives by the year 2000.

-- Toshiba

DVD sales will reach 1 million in the first year.

-- Sony

25 million DVD-ROM drives by the year 2000, at which time CD-ROM drives will still sell more than DVD-ROM drives.

-- Philips

Jim's Prediction (1/96): Almost no one will be making CD-ROM drives in the year 2000.

Oops, I was about 3 years too early on this one.