I’m a technological laggard. I never have the latest gizmo, don’t have a clue about gadgets and have the rare distinction of having a perfect investing record in the technology industry; as my colleagues delight in reminding me, if you did the opposite of my technology predictions, you did pretty well. But predictions are fun (and easy). Being wrong – again and again – shouldn’t be a barrier against making them.
In that (misguided) spirit, I’m making a new prediction; digital content won’t be bought much longer.