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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

Education, Business

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. Some of the predictions discussed include the belief that the internet would be a passing fad, that smartphones would never catch on, and that social media would never be profitable. Trung also reflects on the reasons WHY these predictions were so far off the mark and the impact that these inaccuracies had on the 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. SatPost by Trung Phan | SubstackTrung Phan (@TrungTPhan) / TwitterBearly.ai | The world's best Ai at your fingertips.------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book Skip the Line is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltucher.com/podcast.------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe  to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsStitcheriHeart RadioSpotifyFollow me on Social Media:YouTubeTwitterFacebook  ------------What do YOU think of the show? Head to JamesAltucherShow.com/listeners and fill out a short survey that will help us better tailor the podcast to our audience!Are you interested in getting direct answers from James about your question on a podcast? Go to JamesAltucherShow.com/AskAltucher and send in your questions to be answered on the air!------------Visit Notepd.com to read our idea lists & sign up to create your own!My new book, Skip the Line, is out! Make sure you get a copy wherever books are sold!Join the You Should Run for President 2.0 Facebook Group, where we discuss why you should run for President.I write about all my podcasts! Check out the full post and learn what I learned at jamesaltuchershow.com------------Thank you so much for listening! If you like this episode, please rate, review, and subscribe to "The James Altucher Show" wherever you get your podcasts: Apple PodcastsiHeart RadioSpotifyFollow me on social media:YouTubeTwitterFacebookLinkedIn See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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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