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.
Online Video On A Road To Nowhere
"There's just not that many videos I want to watch." --Steve Chen, CTO and co-founder of YouTube
Chen's concern in 2005 about YouTube's long-term viability was put to rest two years post-launch, when Google paid $1.65 billion to acquire the site. Today, YouTube boasts a billion video views a day, and 24 hours of new content is uploaded every minute.