12 Worst Tech Predictions Of All Time
February 19, 2011 05:59 AM The epic history of technology is littered with some incredibly lousy prophecies, often made by some very smart, very successful -- and very wealthy -- executives. We trolled the timeline of technology to find the most misguided -- and in some cases just plain crazy --calls in the industry's storied past, from the telephone to television to YouTube. Sure, it's easy to call out the most foolish forecasts with the benefit of perfect hindsight. It's also a lot of fun -- there are some doozies. And though your own all-time list might look a little different, this much is fact: As technology continues to plow forward, it will undoubtedly leave more preposterous predictions in its wake.
More Apple Bruising
"I'd shut [Apple] down and give the money back to the shareholders." --Michael Dell, founder and CEO of Dell
Myhrvold shouldn't have to stand alone in Apple ignominy -- he's far from the only person to have issued last rites for the company, just one with a higher profile than most. Except maybe Dell, who took the chance to rib his competitor before a 1997 tech conference crowd. At around 300 bucks a share today, investors are probably glad Steve Jobs didn't heed the advice.