Re:How Solar Power Could Slay the Fossil Fuel Empire (2014)
by yourapostasy on Tuesday December 08, 2015 @11:40AM
(#10697460)
That is Amara's Law [1]. The paraphrase given by Cringely that is commonly quoted (to my knowledge, Amara himself never gave as concise a quote as the paraphrase) is:
"We tend to overestimate the effect of a technology in the short run and underestimate the effect in the long run."
I can't remember who said it, but humans tend to over-estimate change in the long term, and under-estimate change in the short term.
It will be interesting to see what changes do occur in this time frame.