Here are a few quotes, often used by people to explain how stupid or myopic some of the "big" people were. These are mostly related to Computers, and the pre-IBM-PC era. However, it says a lot about how even the so called leaders think. How foolish (idiotic) they are / were !
"There's no need for any individual to have a Computer in their home "
"The only legitimate use of a Computer is to play games"
"640 K ought to be enough for anybody"
"There is a world market for maybe five Computers"
"Everything that can be invented has been invented"
But it's not about those myopic, "big businesses". Even today, 'inability to understand business of their own ' or forecast is a BIG issue. It's nothing less than the title above.
"There's no need for any individual to have a Computer in their home "
"The only legitimate use of a Computer is to play games"
"640 K ought to be enough for anybody"
"There is a world market for maybe five Computers"
"Everything that can be invented has been invented"
But it's not about those myopic, "big businesses". Even today, 'inability to understand business of their own ' or forecast is a BIG issue. It's nothing less than the title above.
