The WORST technology predictions of all time …

1876: “This ‘telephone’ has too many shortcomings to be seriously considered as a means of communication.” — William Orton, President of Western Union.

1903: “The horse is here to stay but the automobile is only a novelty – a fad.” — President of the Michigan Savings Bank advising Henry Ford’s lawyer.

1946: “Television won’t be able to hold on to any market it captures after the first six months.  People will soon get tired of staring at a plywood box every night.” — Darryl Zanuck, 20th Century Fox.

1977: “There is no reason anyone would want a computer in their home.” –
Ken Olson, president Digital Equipment Corp (1977)

1995: “I predict the Internet will soon go spectacularly supernova and in 1996 catastrophically collapse.” — Robert Metcalfe, founder of 3Com.

2005: “There’s just not that many videos I want to watch.” — Steve Chen, CTO and co-founder of YouTube expressing concerns about his company’s long term viability.

2007: “There’s no chance that the iPhone is going to get any significant market share.” — Steve Ballmer, Microsoft CEO.