15 years ago, Bill Gates predicted things about the effect of the Internet and technology on business that got proved totally correct. His predictions were published in his book "Business @ The Speed Of Thought".
During that time, people considered his thoughts to be outrageous, but how accurately things he said got true is simply incredible! Recently, Marcus Kirjonen, a business student at Aalto University, Finland portrayed Gates's predictions in his blog.
What Bill Gates Predicted: "Automated price comparison services will be developed, allowing people to see prices across multiple websites, making it effortless to find the cheapest product for all industries." Nowadays, sites like Amazon give accessibility to the users to view different prices by retailers of the same product. It allows the user to compare the prices and buy the product accordingly. Many other websites like Smartprix and Next Tag are created to specifically to compare the prices.
Bill Gates Predicted: "People will carry around small devices that allow them to constantly stay in touch and do electronic business from wherever they are. They will be able to check the news, see flights they have booked, get information from financial markets, and do just about anything else on these devices." Today, everyone's life is unimaginable without a smart phone. People refuse to even move without it.
What Bill Gates Predicted: "People will pay their bills, take care of their finances, and communicate with their doctors over the Internet." Clearly, everyone is doing what he predicted. People are enjoying the ease with which they no longer have to stand in queues to pay bills.
As mentioned in the above point, what Gates predicted about the healthcare services got proved correct.
What Bill Gates Predicted: ""Personal companions" will be developed. They will connect and sync all your devices in a smart way, whether they are at home or in the office, and allow them to exchange data." Many personalised apps are helping people to lead a comfortable life. Siri and Google Now have become the smart assistants of the modern era.
What Bill Gates Predicted: "Constant video feeds of your house will become common, which inform you when somebody visits while you are not home." Over the years, home and office surveillance has become easy with online camera monitoring.
What Bill Gates Predicted: "Private websites for your friends and family will be common, allowing you to chat and plan for events." Surprisingly, we are all into it! Platforms like Facebook, Twitter and Instagram are keeping us a bit too much connected and surely everyone is loving it!
Bill Gates Predicted: "While watching a sports competition on television, services will allow you to discuss what is going on live, and enter the contest where you vote on who you think will win." Many of the social media websites have introduced this feature. A typical example of this is the trending hashtags during the games on Twitter. Many sports channels also display the most famous tweets while the match is on.
What Bill Gates Predicted: "Software that knows when you've booked a trip and uses that information to suggest activities at the local destination. It suggests activities, discounts, offers, and cheaper prices for all the things that you want to take part in." Today, almost every travel site is using a software to track the user's previous booked history and is providing many offers based on the user's interest.
What Bill Gates Predicted: "Devices will have smart advertising. They will know your purchasing trends, and will display advertisements that are tailored toward your preferences." Currently, based on the clicking history, advertisers are tracking the interests of users and displaying the ads accordingly.
What Bill Gates Predicted: "Residents of cities and countries will be able to have Internet-based discussions concerning issues that affect them, such as local politics, city planning or safety." Many social media websites provide this feature. Now, raising your voice against an issue is done virtually involving millions of people at once. Websites like Twitter and Facebook played an essential role in political revolutions at Libya and Egypt.
What Bill Gates Predicted: "Online communities will not be influenced by your location, but rather, your interest." Currently, there are zillions of websites that are made focusing on various topics.
What Bill Gates Predicted: "Project managers looking to put a team together will be able to go online, describe the project, and receive recommendations for available people who would fit their requirements." Today, there are multiple applications that help business management teams to ease up things. For example, the communications service like Slack, helps the team to stay connected.
What Bill Gates Predicted: "Similarly, people looking for work will be able to find employment opportunities online by declaring their interest, needs, and specialized skills." There are many websites that help employees to connect with employers. Platforms like LinkedIn allows people to put up their resumes.
What Bill Gates Predicted: "Companies will be able to bid on jobs, whether they are looking for a construction project, a movie production, or an advertising campaign. This will be efficient for both big companies that want to outsource work that they don't usually face, businesses looking for new clients, and corporations that don't have a go-to provider for the said service." The interaction between business companies have increased, and it has become easier to collaborate because of various platforms on the Internet.