Tag Archives: innovation

Past Technology and Future Technology Predictions

26 Sep

Over the years, a lot of technology predictions have appeared. We divide this post into two levels of predictions. First, we look at several “way-off” past technology predictions. Second, we examine future technology predictions. Which of those future technology predictions will be correct? Which will be “way-off”?

“[Consider] an old saying. “Predicting the future is easy … getting it right hard.” Today, we greet a large supply of forecasters trying to predict the future.  The interesting part looks at the past to see who was right and who missed.

“Many past technology predictions became famous by how wrong they were. Consider IBM Chairman Watson’s 1943 quote on “a world market for maybe 5 computers.”

Further, Szczerba cites examples of incorrect predictions. The technology predictions span 130 years. For his full list, click the link:
 

Especially “Way-Off” Past Technology Predictions

1876: Indeed, “this ‘telephone’ contains too many shortcomings to seriously consider as a means of communication.” — William Orton, President of Western Union.

1889: “As usual, “fooling around with alternating current (AC) just wastes time.  Nobody will use it, ever.” — Thomas Edison

1903: “The horse is here to stay but the automobile is only a novelty – a fad.” — President of the Michigan Savings Bank advising Henry Ford’s lawyer, Horace Rackham, not to invest in the Ford Motor Company.

1946: “In short, “television won’t be able to hold on to any market it captures after the first six months.  People will get tired of staring at a plywood box.” — Darryl Zanuck, 20th Century Fox.

1955: Yet “nuclear powered vacuum cleaners will probably be a reality within 10 years.” — Alex Lewyt, President of the Lewyt Vacuum Cleaner Company.

1959: “Before man reaches the moon, mail will be delivered in hours from New York to Australia by guided missiles.  We stand on the threshold of rocket mail.” — Arthur Summerfield, U.S. Postmaster General.

1966: “Remote shopping, while feasible, will flop.” — Time Magazine.

1981: “Cellular phones will absolutely not replace local wire systems.” — Marty Cooper, inventor.

1995: “I predict the Internet will in 1996 catastrophically collapse.” — Robert Metcalfe, founder of 3Com.

2005: Still “there’s just not that many videos I want to watch.” — Steve Chen, co-founder of YouTube.

2006: Indeed, “everyone’s always asking me when Apple will come out with a cell phone.  My answer, ‘Probably never.'” — David Pogue, New York Times.

2007: After all, “there’s no chance that the iPhone attains any significant market share.” — Steve Ballmer, Microsoft CEO.

 

Future Technology Predictions

 
Lot sof technology predictions have appeared. We divide this post into two levels of predictions. First, we look at several “way-off”past technology predictions. Second, we examine future technology predictions. Which of those future technology predictions will be correct? Which will be “way-off”?
 
Above all, the infographic adds to our knowledge base. Our past posts include: A Look Back at Some WAY Off Predictions.Bloomberg 2016 Forecasts.2017 Global Economic Prospects from the World Bank.
 

A Brand Strategy Roadmap

21 Aug

Here’s a slideshow showing how to utilize a systematic, comprehensive brand roadmap in strategic planning. The slideshow is from Beloved Brands.
 
 

 

GREAT YouTube Videos: Learn More About AI

23 May

For organizations of any type, artificial intelligence (AI) promises to be the next big thing. What is AI? According to Webopedia: “Artificial intelligence is the branch of computer science concerned with making computers behave like humans. The term was coined in 1956 by John McCarthy at the Massachusetts Institute of Technology.” However, AI is only now really coming into its own!!!

Webopedia notes that “Research associated with artificial intelligence is highly technical and specialized. The core problems of artificial intelligence include programming computers for certain traits such as:

  • Knowledge
  • Reasoning
  • Problem solving
  • Perception
  • Learning
  • Planning
  • Ability to manipulate and move objects”

 

Here are EIGHT YouTube videos to give you a better perspective on the current state of  artificial intelligence.
 

 

 

 

 

 

 

 

 

The Transformation of Logistics

17 May

Logistics is a key factor in determining a company’s success, since it impacts on delivery times, inventory levels, sales levels, and customer satisfaction. As a definition, logistics encompasses the activities concerned with efficiently delivering raw materials, parts, semi-finished items, and finished products to designated places, at designated times, and in proper condition.

It may be undertaken by any member of a distribution channel, from producer to consumer. Logistics involves such functions as customer service, shipping, warehousing, inventory control, private trucking-fleet operations, packaging, receiving, materials handling, and plant, warehouse, and store location planning.

In recent years, due to the advances in technology and the growth of Internet transactions, logistics has been undergoing a rapid transformation. According to 2Flow (an Irish outsourced logistics solutions provider):

“Digital developments have provoked a transformation in what consumers expect from their product/service providers. These progressions have effected all aspects of professional business – in particular, the logistics industry. Over the past number of years, logistics professionals have made the shift onto digital platforms so that they can monitor and expand their operations. We created this infographic that outlines some of the biggest and most prominent trends within the logistics industry. Let’s take a look!”

 

Click the image for a larger version of the infographic.


 

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