Check back on that name in 10 years. He will be seen as either a brilliant visionary or something akin to the guy who predicted cities would be redesigned around the Segway.
Laurs recently predicted that apps for smart phones will, as a business, be as big or bigger than the internet in a decade. By the same token, Laurs predicts the development of new apps to level off as the leaders emerge and smaller developers can’t compete. I guess it’s kind of like when there were tons of American car companies in the twenties and barely three today.
It’s really easy to scoff at this idea of apps becoming that huge a business because apps are so new in our collective consciousness so they seem like a fad. I’ve got some thoughts on hype vs. cynicism and I’ll try to get them into a written form by later today.
As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.
Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.
Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.