Bruce William Powe Quotes
Canada may be fast-forwarding, jump starting, into a new pattern, a model of communication linkages, a civilization that is more than a grab for power and dominance, a place that could channel the fires of the global wirings, where political alliances are subject to electrical ebb and flow, and the alchemical cultivations of imagination and perception, of the self, could precail of the ideology of capital.
Powe, B. W. A Canada of Light. Somerville House Publishing, 1997.
A startlingly bad prediction by a Nobel-prize winning economist particularly given it was stated in 1998 rather than a much earlier date when the potential of the Internet wasn’t already apparent. Ironically, the quote is from a Red Herring article he wrote titled “Why Most Economists’ Predictions Are Wrong” in which he asserts that most economists predictions are wrong because they overestimate the impact of future technologies. This quote is part of a longer, equally incorrect quote: “The growth of the Internet will slow drastically, as the flaw in ‘Metcalfe’s law' becomes apparent: most people have nothing to say to each other! By 2005, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s.” See related quotes.
Bruce William Powe, commonly known as B. W. Powe, is a Canadian poet, novelist, essayist, philosopher, and teacher.
