The efficiencies of the Internet technology might put price and performance pressure on existing telephone company services which could produce a net decrease in revenue.
Predictor: Schrader, William
Prediction, in context:In his October 4, 1994, testimony at a House of Representatives Science Committee hearing on the Internet, William Schrader, president and CEO of Performance Systems International (PSI), says: ”The efficiencies of the Internet technology might put price and performance pressure on existing telephone company services which could produce a net decrease in revenue.”
Biography:William Schrader was president and chief executive for Performance Systems in the 1990s. (Entrepreneur/Business Leader.)
Date of prediction: October 4, 1994
Topic of prediction: Economic structures
Subtopic: General
Name of publication: Capitol Hill Hearing Testimony: House Science Committee/Internet Access
Title, headline, chapter name: Testimony of William Schrader
Quote Type: Direct quote
Page number or URL of document at time of study:
This data was logged into the Elon/Pew Predictions Database by: Stevens, Shawn