I found this interesting from the issue when I was born. <Feb 1973>
"A LOOK INTO THE FUTURE
By Milton S. Switzer, Editor
Some months ago, 400 top managers from the electronics industry got
together in Chicago to look into the near future and forecast the shape
and size of their industry a dozen years from now. In 1985, the world
electronics market will be nearly $200 billion, of which the U.S. share will
be about $81 billion. Of this latter figure, the industrial market is expected
to account for $45.5 billion, government sales $22.5 billion, and consumer
sales $12.9 billion.
From the same meeting, sponsored by the EIA (Electronic Industries
Assn.) here are some predictions for products in the consumer area.
George Simkowski of Bell & Howell predicted that we'll have octaphonic
(8- channel) "moving sound" by 1985. He also thinks that the leading
audio -visual product will be a low -cost video disc, the sales of which could
reach 5 million yearly."