"The wireless music box has no imaginable commercial value. Who would pay for 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 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.
No comments:
Post a Comment