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Leading Through Disruptive Paradigm Shifts – San Juan, PR – March 28, 2018
March 28, 2018 @ 9:00 am - 5:00 pm UTC-5
The rules that applied to the past are not adequate when the foundational paradigm has shifted.
Failure to understand these changes have resulted in dramatic miscalculations.
- In 2005, the Co-founder of YouTube, Steve Chen said the following:
There’s just not that many videos I want to watch.
He was expressing his concerns about YouTube’s future when he started it in 2005. A year later, he sold it to Google for $1.65 billion dollars.
- In 2006, David Pogue, from The New York Times said the following:
Everyone’s always asking me when Apple will come out with a cell phone. My answer is, ‘Probably never.’
The iPhone came out a year later in 2007.
- In 1995, The founder of 3Com, Robert Metcalfe, said the following:
I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse.
(Robert said he would eat his words if he was wrong. At a conference in 1997, he put his article in a food processor and ate it).
- In 1981The pioneer of wireless communication Marty Cooper said the following:
Cellular phones will absolutely not replace local wire systems.
- In 1943 the president of IBM Thomas Watson said the following:
I think there is a world market for maybe five computers.
- In 1946 Daryl Zanuck from 20th Century Fox said the following:
Television won’t be able to hold on to any market it captures after the first six months. People will soon get tired of staring at a plywood box every night.
- In 1929, the inventor of the Cinematograph Louis-Jean Lumière said the following:
Talking films are a very interesting invention, but I do not believe they will remain long in fashion.
- In 1903 The president of the Michigan Savings Bank advised Henry Ford’s lawyer Horace Rackham, not to invest in the Ford Motor Company“ because of the following:
The horse is here to stay but the automobile is only a novelty – a fad.
- The great Thomas Edison said the following in 1889:
Fooling around with alternating current (AC) is just a waste of time. Nobody will use it, ever.
- In 1876 William Preece from the British Post Office said the following:
The Americans have need of the telephone, but we do not. We have plenty of messenger boys.
Just because an expert makes a prediction, doesn’t necessarily mean they’re right… all the time.
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