Martin Cooper Quotes
We had no idea that in as little as 35 years more than half the people on Earth would have cellular telephones, and they give the phones away to people for nothing.
Cooper, Martin. Quoted in "Cell phone turns 35." CNN, 3 Apr. 2008.
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.
Martin "Marty" Cooper is an American engineer. He is a pioneer in the wireless communications industry, especially in radio spectrum management, with eleven patents in the field.