“The impact of the internet on the economy will be no greater than the fax machine's by 2005.”

The internet transformed the global economy far beyond any comparison to fax machines, creating trillions in value and reshaping virtually every industry. Widely cited as one of the worst tech predictions ever made.

The internet transformed the global economy far beyond any comparison to fax machines, creating trillions in value and reshaping virtually every industry. Widely cited as one of the worst tech predictions ever made.