Quite a good piece on the Wired website reflecting upon 25 years of predictions about the future in the pages of that magazine (though I’m not sure the exonerating final paragraph rings true). Worth a read…
Looking back at WIRED’s early visions of the digital future, the mistake that seems most glaring is the magazine’s confidence that technology and the economics of abundance would erase social and economic inequality. Both Web 1.0 and Web 2.0 imagined a future that upended traditional economics. We were all going to be millionaires, all going to be creators, all going to be collaborators. But the bright future of abundance has, time and again, been waylaid by the present realities of earnings reports, venture investments, and shareholder capitalism. On its way to the many, the new wealth has consistently been diverted up to the few.
By now, the digital revolution isn’t just the future; it has a history. Digital technology runs our economy. It organizes our daily lives. It mediates how we learn information, tell each other stories, and connect with our neighbors. It’s how we control and harass and encourage one another. It’s a tool of both surveillance and resistance. You can almost never be entirely offline anymore. The internet is setting the agenda for the world around us.
The digital revolution’s track record suggests that its arc doesn’t always bend toward abundance—or in a straight line at all. It flits about, responding to the gravitational forces of hype bubbles and monopoly power, warped by the resilience of old institutions and the fragility of new ones. Today’s WIRED seems to have learned these lessons.25 years of wired predictions: why the future never arrives – David Karpf