With prescient clairvoyance, Bill Gates predicted the recent rise of Facebook and Netflix.

Monica McNeil

2017-02-07 07:47:00 Tue ET

With prescient clairvoyance, Bill Gates predicted the recent sustainable rise of Netflix and Facebook during a Playboy interview back in 1994.

He said that in the age of information technology, everyone should be able to both access and share visual content such as text and video on demand within the virtual network infrastructure.

Today Netflix offers live-streaming TV programs and movies on demand.

Facebook orchestrates and optimizes algorithmic newsfeed customization on its social network platform.

Netflix and Facebook now represent the first and third of the tech giants that form the catchy acronym FANG with superior stock return performance.

In fact, Gates correctly predicted in his book, Business at the Speed of Thought, the inevitable emergence of Palm PCs such as iPhones, iPads, and many other smart phones and tablets in today's digital open society.


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Many eminent investors suggest that the time may be ripe for a major stock market correction.

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It may be illegal for institutional investors to buy-and-hold large equity stakes in a less competitive industry with high market concentration.

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Bank of England publishes its latest insights into the economic impact of Brexit on British real productivity, capital investment, and labor supply.

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Neoliberal public choice continues to spin national taxation and several other forms of government intervention.

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AYA free finbuzz analytic report on the U.S. top tech titans FAMGA Spring-Summer 2020

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