Thanks to Grotto friend Ted B. for these:
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"Man will never reach the moon regardless of all future scientific advances." Dr. Lee DeForest, "Father of Radio & Grandfather of Television."
"The Atomic bomb will never go off. I speak as an expert in explosives." Admiral William Leahy, US Atomic Bomb Project
"Computers in the future may weigh no more than 1.5 tons." Popular Mechanics, forecasting the relentless march of science, 1949
"I think there is a world market for maybe five computers." Thomas Watson, chairman of IBM, 1943
"I have traveled the length and breadth of this country and talked with the best people, and I can assure you that data processing is a fad that won't last out the year." The editor in charge of business books for Prentice Hall, 1957
"But what is it good for?" Engineer at the Advanced ComputingSystems Division of IBM, 1968, commenting on the microchip.
"640K ought to be enough for anybody." Bill Gates, 1981
"This 'telephone' has too many shortcomings to be seriously considered as a means of communication. The device is inherently of no value to us." Western Union internal memo, 1876
"The wireless music box has no imaginable commercial value. Who would pay for a message sent to nobody in particular?" David Sarnoff's associates in response to his urgings for investment in the radio in the 1920s.
"The concept is interesting and well-formed, but in order to earn better than a 'C,' the idea must be feasible." A Yale University management professor in response to Fred Smith's paper proposing reliable overnight delivery service. (Smith went on to found Federal Express Corp.)
"I'm just glad it'll be Clark Gable who's falling on his face and not Gary Cooper." Gary Cooper on his decision not to take the leading role in "Gone With The Wind."
"We don't like their sound, and guitar music is on the way out." Decca Recording Co. rejecting the Beatles, 1962.
"Drill for oil? You mean drill into the ground to try and find oil? You're crazy." Drillers who Edwin L. Drake tried to enlist to his project to drill for oil in 1859.
"Stocks have reached what looks like a permanently high plateau." Irving Fisher, Professor of Economics, Yale University, 1929.
"Airplanes are interesting toys but of no military value." Marechal Ferdinand Foch, Professor of Strategy, Ecole Superieure de Guerre, France.
"The super computer is technologically impossible. It would take all of the water that flows over Niagara Falls to cool the heat generated by the number of vacuum tubes required." Professor of Electrical Engineering, New York University
"I don't know what use any one could find for a machine that would make copies of documents. It certainly couldn't be a feasible business by itself." The head of IBM, refusing to back the idea, forcing the inventor to found Xerox.
"There is no reason anyone would want a computer in their home." Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977.