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Home » Derrick Keith » 12 OF THE BIGGEST FAILED PREDICTIONS

12 OF THE BIGGEST FAILED PREDICTIONS

12 FAILED PREDICTIONS

Lots of people are making predictions for the coming year. But here are some that didn’t work out so well.

“We don’t like their sound, and guitar music is on the way out.” – Decca Recording Co. rejecting the Beatles, 1962

“Man will never reach the moon regardless of all future scientific advances.” – Dr. Lee DeForest, Inventor of the TV

“I think there is a world market for maybe five computers.” – Thomas Watson, chairman of IBM, 1943

“640K ought to be enough for anybody.” – Bill Gates, 1981

“The concept is interesting and well-formed, but in order to earn better than a ‘C,’ the idea must be feasible.” – Yale University management professor critiquing Fred Smith’s paper proposing what became FedEx

“Stocks have reached what looks like a permanently high plateau.” – Irving Fisher, Professor of Economics, Yale University, 1929

“Everything that can be invented has been invented.” – Charles H. Duell, Commissioner, U.S. Office of Patents, 1899

“Louis Pasteur’s theory of germs is ridiculous fiction.” – Pierre Pachet, Professor of Physiology at Toulouse, 1872

“If excessive smoking actually plays a role in the production of lung cancer, it seems to be a minor one.” – National Cancer Institute, 1954

“Sensible and responsible women do not want to vote.” – Grover Cleveland, U.S. President in 1905

“I’d shut [Apple] down and give the money back to the shareholders.” – Michael Dell, founder and CEO of Dell, Inc., 1997

“This ‘telephone’ has too many shortcomings to be seriously considered as a means of communication.” – Western Union Internal Memo, 1876