Now that the year 2020 is our present, we can clearly see where these prognostications went wrong and try to understand why they were so cloudy. 3 principles of cloudy crystal balls GettyA case in point is the book Vision 2020 by Stan Davis and Bill Davidson, published in 1991. The authors were very confident in their present and future observations: “Everybody is aware that we are now in what is generally known as the information economy. The term “internet” does not appear in the book’s index, nor in their detailed list of federal government investments in infrastructure. The internet economy, which created and/or bolstered the five most valuable US companies today (with two internet-born Chinese companies not far behind) was launched in 1995.

Source: Forbes February 23, 2020 19:07 UTC