Quote of the day by Microsoft co-founder and ex-CEO Bill Gates: 'We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the ten' — insights on the nature of progress
Bill Gates is a one of the stand-out technology pioneers, and has experienced his fair share of hype cycles, having led Microsoft for so many years. When new technologies emerge, it's normal to get excited – but sometimes the rate of progress and the expectations of not just consumers but other businesses fail to match the reality of innovation.
Technology hype cycles
The 'Road Ahead' was a huge bestseller and drew a lot of attention when it launched in 1995. Author Bill Gates, who was CEO and chairman of Microsoft at the time, used the book to opine on various philosophical and technological themes. One highlight in particular was a segment on technological hype cycles and the attitude of people toward innovation.
Quote of the day
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