Why Does It Seem That In Tech, Everything Is 5 to10 Years Away?
Because nobody really knows. And maybe because it's often true? JL
Grace Ballenger and Aaron Mak report in Slate:
A hedging mechanism among Silicon Valley soothsayers to circumvent uncertainties is to make predictions for “five to 10 years out.” It
hits that sweet spot: just close enough that people can begin to taste
it, but just far enough away that no one is going to call you
out if it doesn’t become true. A review of press releases and tech
articles stretching back to the 1990s finds that these forecasts are abundant. We’ve compiled a list of 81 predictions for
innovations coming in “five to 10 years” to illustrate the cliché.
Tech forecasting is a perilous endeavor. No one wants to be a false prophet with a prediction so immediate that it can be easily proven incorrect in short order, but long-term predictions can be even harder. And yet even though people know predictions can be a waste of time, they still want to know: What’s next?Wishy-washy tech timelines only makes prognostication more difficult, as entrepreneurs and researchers stumble around in the dense fog of developing prototypes, performing clinical trials, courting investors, and other time-consuming steps required for marketable innovation. It’s easy to hit a wall at any point in the process, causing delays or even the termination of a project.
Slate has noticed a wily hedging mechanism among Silicon Valley soothsayers to circumvent these uncertainties—make predictions for “five to 10 years out.” It hits that sweet spot: just close enough that people can begin to taste it, but just far enough away that (almost) no one is going to call you out if it doesn’t become true. A review of press releases and tech articles stretching back to the 1990s finds that these Goldilocks forecasts are abundant. We’ve compiled a list of 81 predictions for innovations coming in “five to 10 years” to illustrate the cliché.
While the sample size is admittedly too small to make any definitive conclusions, there are a few trends that stood out in the data. One of our most striking findings is that scalability is a common trap. Many a tech oracle seems to conflate the invention of a device with its widespread adoption. For instance, virtual reality has indeed been packaged as a consumer product, as many people have anticipated. But the cost is prohibitive for most people: An Oculus Rift headset costs about $360.
And some predictions did eventually become true, just not in the manner that people expected. A particularly poignant piece in Wired from 1997 reads, in part: “Skorman says that in the next five to ten years technology will allow film fans to download movies instantly, directly into their TV or PC screens.” So far, so good, right? But then it continues: “And you can bet Reel.com will be one of the first video-on-demand outlets at the starting gate.” Oops.
Take a look at our list of “five to 10 year” predictions below. Each includes the publication (or company press release) from which it came, the person who made the prediction (sometimes a journalist, sometimes a person quoted in the piece), the date it was made, and the prediction itself.
The Department of Energy announced on July 30 that it would put $5 million over the next two years into research on making liquid fuel from coal. The goal is to reduce the cost to $30 a barrel over five to ten years.
But it’s a challenging task [‘to modernize the country’s power grids by installing telecommunication, sensor, and computer technology into the existing power infrastructure’], which will take researchers, technology companies, utility companies, and policy-makers working together for five to ten years to implement.
If all goes well, some version of the technology [solar panels that have two peaks of efficiency] could be commercialized in five to ten years, Ready says.
The newest venture on the block [oil from algae]—a collaboration between Exxon Mobil and geneticist J. Craig Venter—has admitted that commercial viability is at least five to ten years off.
Prototype systems [of ‘smart skins’ that can detect damage] for aircraft are easily five to ten years away, and utilities and gas transmission companies are only beginning to express interest.
Skorman says that in the next five to ten years technology will allow film fans to download movies instantly, directly into their TV or PC screens. And you can bet Reel.com will be one of the first video-on-demand outlets at the starting gate.
In five to ten years, he says, the technology could find its way into consumer products, allowing tiny mobile-phone cameras to produce high-quality, poster-size images.
So, if this project is realized, you really could have a football match on your coffee table, or horror-movie villains jumping out of your wall. Peyghambarian is also optimistic that the technology could reach the market within five to ten years.
Of course, Zuckerberg doesn’t expect us to start going on virtual reality vacations with our Facebook friends overnight. He said in the analyst call that it could take five to ten years before virtual reality is commonplace.
Artemiadis is conducting experiments that will allow a human to control a swarm of robots, or drones, with the brain. ... “I would say five to 10 years from now we could see it in practical applications,” Artemiadis said.
When could a future AI bot trounce a professional StarCraft player like Byun or Lee? Churchill estimates within the next five to 10 years, but adds, “If you had asked Go AI experts a month before AlphaGo came out, ‘How long before AI can beat the world champion at Go?’ most people would have said, ‘Five to ten years.’ ”
He said over the next five to 10 years, there will be an, “intelligent revolution,” where all things will be connected, and be able to sense their environment. Our phones, he said, will be more like robots, and move past being simply smart phones, to become intelligent phones.
Miscellaneous
MIT Technology Review, Jason Holt, June 12, 2006, on carbon nanotube–based membranes to purify water and other liquids:
Holt estimates that these membranes could be brought to market within the next five to ten years. “The challenge is to scale up so we can produce usable amounts of these membrane materials for desalination, or gas separation, the other high-impact application for these membranes,” he says, adding that the fabrication process is “inherently scalable.”
The Guardian, Harvard Medical School, Aug. 31, 2012, on a DNA coding method to store digital information:
The researchers claim that the cost of DNA coding is dropping so quickly that within five to 10 years it could be cheaper to store information using this [DNA-coding-based digital memory] method than in conventional digital devices.
Scientists hope that in as little as 5 to 10 years, rubber tires like the ones on bicycles will be able to be produced from latex harvested from dandelions.
USA Today, Harriet Miller-Brown, Jan. 25, 2015, on texting, Skyping, or Facetiming 911:
Harriet Miller-Brown, the 911 state administrator for Michigan, said she's optimistic the next generation [of “calling” 911] will be available in five to 10 years.
Garrett, who researched machine learning and artificial intelligence at UCLA and was on PlanGrid’s machine learning team, says that in five to 10 years, architects may be able to draw up blueprints and see immediately if they are code compliant.
As a Partner and Co-Founder of Predictiv and PredictivAsia, Jon specializes in management performance and organizational effectiveness for both domestic and international clients. He is an editor and author whose works include Invisible Advantage: How Intangilbles are Driving Business Performance. Learn more...
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