What can the future do for you?
Lift works to identify and anticipate current and emerging usagesof digital technologies through research, events, publications and services.
This year's theme is "where has the future gone?" to try to understand why some predictions fail, and why others end up happening. I couldn't resist posting the recap of 2008's Worst Predictions:
Business Week hosts an article on some of the worst financial predictions from 2008. We know that hindsight is 20/20, but still these are pretty bad. Among the many gems...
• The National Association of Realtors declared that "Existing-Home Sales to Trend Up in 2008." Perhaps their graph was upside down?
• In July, President Bush said he believed the economy was growing. The opposite turned out to be true, as a recession was already well underway.
• A Wall Street analyst proclaimed that AIG "could have huge gains in the second quarter." A few months later, the U.S. government would take over the troubled company.
Yes, with hindsight it's easy, but also so much fun.
Comments
Post new comment