Amara’s Law

“We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run.” — Roy Amara, president of the Institute for the Future, 1978

(“A modern maxim says: People tend to overestimate what can be done in one year and to underestimate what can be done in five or ten years.” — J.C.R. Licklider, Libraries of the Future, 1965)