Monday, December 8

Great errors in judgment.

Do you know that the ex-president of IBM Thomas J. Watson(1958) predicted that there is no world market for computers?

Does it mean that he lacked faith in his own product? Or did he believe that computers' capability is lower than man's own?

There are several such bizarre predictions in the past that went topsy-turvy within a few years. Such errors in predictions have come experts also apart from the general public.

Even Edison is said to have declared his own reservations about his invention 'The Phonograph'. His own words were,"not of any commercial values". (1915)

Source: Reader's Digest
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