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The James Altucher Show

Failing to Predict the Future: A Deep Dive into 'The Worst Tech Predictions Ever' | Trung Phan

The James Altucher Show

James Altucher

Society & Culture, Talk Radio, Writer, Philosophy, Comedy, Chess, How To, Entrepreneurship, Jay, James, The James Altucher Show, Altucher, Author, Jay Yow, Education, Jay The Engineer, Business, James Altucher

4.62.7K Ratings

🗓️ 26 January 2023

⏱️ 72 minutes

🧾️ Download transcript

Summary

When Elon Musk tweets a one-character reply to your article and 2.3 million people view it, you've hit viral gold. That's what happened with Trung Phan's article about the worst tech predictions ever on the Sat Post substack; a retrospective look at some of the most inaccurate predictions in the technology industry. In today's episode, James and Trung discuss the predictors' motivations behind their statements, James talks about how his past predictions have affected his current life, and the two give some of their current predictions for the hotly debated topics of cryptocurrencies and AI.

Transcript

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0:00.0

This isn't your average business podcast and he's not your average host.

0:06.6

This is the James Altiger show.

0:09.4

I think I was emailing a little bit about how easy whatever her name is.

0:23.3

Iggy Azalea on OF.

0:25.3

Wait, Iggy Azalea is not only fans?

0:27.5

Yeah, she is.

0:28.5

She made 350K in her first 24 hours.

0:33.3

Wow, I'm going on only fans.

0:35.8

Are you Azalea?

0:37.5

No.

0:38.5

Dude, you're horny, man.

0:39.6

What can you say?

0:41.7

OK.

0:42.5

Why don't people other than porn?

0:44.0

Like every site in the world, if you think I have a trend of almost every business, starts

0:48.5

with porn.

0:49.5

Who needed cell phones first, drug dealers, hookers, prostitutes, whatever?

0:53.8

Who used Yahoo first?

0:55.1

The biggest profits towards Centro de Yahoo in 1997 was porn.

1:00.2

Patreon.

1:01.4

I couldn't even believe it.

1:02.4

We found this out on one page.

...

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