Prognostications

[Nevertheless]

"Computers in the future may weigh no more than 1.5 tons."
Popular Mechanics, forecasting the relentless march of science, 1949

"I think there is a world market for maybe five computers."
Thomas Watson, chairman of IBM, 1943

"I have traveled the length and breadth of this country and talked with the best people, and I can assure you that data processing is a fad that won't last out the year."
The editor in charge of business books for Prentice Hall, 1957

"But what ... is it good for?"
Engineer at the Advanced Computing Systems Division of IBM, 1968, commenting on the microchip.

"There is no reason anyone would want a computer in their home."
Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977

"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, 1876.

"The wireless music box has no imaginable commercial value. Who would payfor a message sent to nobody in particular?"
David Sarnoff's associates in response to his urgings for investment in the radio in the 1920s.

"The concept is interesting and well-formed, but in order to earn better than a 'C,' the idea must be feasible."
A Yale University management professor in response to Fred Smith's paper proposing reliable overnight delivery service. Smith went on to found Federal Express Corp.

"We don't like their sound, and guitar music is on the way out."
Decca Recording Co. rejecting the Beatles, 1962.

"Heavier-than-air flying machines are impossible."
Lord Kelvin, president, Royal Society, 1895.

"Drill for oil? You mean drill into the ground to try and find oil? You're crazy."
Drillers who Edwin L. Drake tried to enlist to his project to drill for oil in 1859.

"The bomb will never go off. I speak as an expert in explosives."
Admiral William Leahy, US Atomic Bomb Project.

"This fellow Charles Lindbergh will never make it. He's doomed."
Harry Guggenheim, millionaire aviation enthusiast.

"Stocks have reached what looks like a permanently high plateau."
Irving Fisher, Professor of Economics, Yale University, 1929.

"Airplanes are interesting toys but of no military value."
Marechal Ferdinand Foch, Professor of Strategy, Ecole Superieure de Guerre.