Some studies suggest the superhighway might even speed up medical claims, thus cutting health care costs by 20 percent … Experts are talking two million characters per second – a forty-fold increase in speed over current technology. If applied to the 55-mph speed limit, it would mean cars zooming at 2,200 miles per hour … [It will be] “more significant than the industrial revolution.”
Predictor: Oxley, Mike
Prediction, in context:In a 1993 article he wrote about the Internet, Cleveland Plain Dealer reporter Keith Epstein quotes Rep. Mike Oxley, a member of the House Telecommunications Subcommittee. Epstein writes: ”An example of how the [information superhighway] project would help even small businesses is the corner grocer. Purchases scanned by a checkout clerk would automatically trigger on the network his store’s order for more goods. If teleconferencing takes off, frequent-flier mileage might go down, saving companies millions of dollars. Already, airlines are airing commercials suggesting it’s better to get out and meet people. Some studies suggest the superhighway might even speed up medical claims, thus cutting health care costs by 20 percent. The Arthur D. Little firm estimates $36 billion in savings. Experts are talking two million characters per second – a forty-fold increase in speed over current technology. If applied to the 55-mph speed limit, it would mean cars zooming at 2,200 miles per hour … The electronic superhighway will be ‘more significant than the industrial revolution,’ predicts Rep. Mike Oxley, a member of a House telecommunications subcommittee.”
Date of prediction: May 1, 1993
Topic of prediction: General, Overarching Remarks
Subtopic: General
Name of publication: Cleveland Plain Dealer
Title, headline, chapter name: 300-Lane ‘Information Superhighway’ Brings Data, Entertainment to Your Door
Quote Type: Direct quote
Page number or URL of document at time of study:
http://web.lexis-nexis.com/universe/document?_m=e261cbbd27b08561468dd4c6cd0d92d6&_docnum=11&wchp=dGLbVzb-lSlAl&_md5=16648e7b6e49ee6ae63b3ca4d445d992
This data was logged into the Elon/Pew Predictions Database by: Pagano, Shawna