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“I don't know whether you have done your calculations but, about two or three years back, I did a first assessment of what the first successful device would be worth and it came out at about 300 trillion dollars.” quote by Martin Fleischmann
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“I don't know whether you have done your calculations but, about two or three years back, I did a first assessment of what the first successful device would be worth and it came out at about 300 trillion dollars.”

Martin Fleischmann

About This Quote

Source Interview: 1970s scientific discussion

Estimating the future value of a breakthrough technology yields astronomically high figures, highlighting speculative optimism in early tech forecasts.

In simple terms: Early tech predictions can be wildly optimistic.

Key Takeaway

Treat bold forecasts with healthy skepticism.

Themes

optimism speculation technology

Mood

cautious analytical skeptical

Type

interview forecasting

When to use this quote

  • investment decisions
  • policy planning
  • R&D budgeting
  • market analysis

Key Concepts

valuation future tech economic impact

Questions to Reflect On

  • How do you balance optimism with realistic risk?
  • What methods improve valuation accuracy?
A Different Perspective

Overly optimistic estimates can mislead funding and expectations.

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