Hindsight or Foresight?

Where will you stand in history?

5 “When the Paris Exhibition [of 1878] closes, electric light will close with it and now more will be heard of it.”

  • Oxford Professor Erasmus Wilson

4 “This ‘Telephone’ has too many shortcomings to be Seriously considered as a means of communication.

The device is inherently of no value to us.”

  • Western Union internal memo, 1876

3 “I think that there is a world market for maybe five computers.”

  • Thomas Watson, Chairman IBM, 1943

2 “Rail travel at high speed is not possible because passengers, unable to breath, would die of asphyxia.”

  • Dionysius Lardner, 1830

1 “The horse is here to stay, but the automobile is only a novelty – a fad.”

  • The president of the Michigan Savings Bank advising Henry Ford’s lawyer not to invest in the Ford Motor Co., 1903

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