“The world potential market for copying machines is 5000 at most.” — IBM, to the eventual founders of Xerox, saying the photocopier had no market large enough to justify production, 1959.
The purpose of this blog is to collect and record examples of the numerous predictions, forecasts, etc... that turned out to be hopelessly wrong.
Please feel free to submit any examples of bad forecasts, with additional evidence of the forecast error if possible, unless its wildly obvious like a prediction that 'the world will end in 1985'. Send any submissions to BadPredictions-at-gmail-dot-com.
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