1) This `telephone’ has too many shortcomings to be seriously considered as a practical form of communication. The device is inherently of no value to us.– Western Union internal memo, 1878 2)Well informed people know it is impossible to transmit the voice over wires and that were it possible to do so, the thing would be of no practical value.– Editorial in the Boston Post (1865)
3) The horse is here to stay, but the automobile is only a novelty—a fad.– Advice from a president of the Michigan Savings Bank to Henry Ford’s lawyer Horace Rackham. Rackham ignored the advice and invested $5000 in Ford stock, selling it later for $12.5 million.
4) Airplanes are interesting toys but of no military value.– Marshal Ferdinand Foch, French military strategist, 1911. He was later a World War I commander. 5) Computers in the future may…perhaps only weigh 1.5 tons.– Popular Mechanics, 1949.
6) There is no reason for any individual to have a computer in their home.– Kenneth Olsen, president and founder of Digital Equipment Corp.
7) I can’t see how Back Bay condo prices will go down in 2011.
– John Ford, Boston real estate blogger.