The quote suggests that individuals who claim to foresee technological trends and developments often operate similarly to traditional fortune-tellers by catering to what their audience wants to hear. In this context, a visionary’s ability to predict future technologies isn’t just about having accurate foresight but also about aligning their predictions with the desires and expectations of those in power, such as stock analysts and investors.
On a deeper level, this quote critiques the notion that technological visionaries always speak truthfully or objectively. Instead, it highlights how these individuals might tailor their messages to be more appealing and marketable, rather than strictly factual or critical. This approach can lead to unrealistic expectations and inflated valuations in tech startups and companies, where visionary claims are often more about gaining support and investment than reflecting genuine future trends.
The quote is from Nathan Myhrvold, a renowned technologist and entrepreneur who has been involved with Microsoft Corporation for many years before founding Intellectual Ventures. As an individual deeply immersed in the technology industry, Myhrvold brings a unique perspective on the nature of technological forecasting and its impact on business strategies and market dynamics.