Bill Gates on technology hype cycles: Why we overestimate short-term change and underestimate long-term progress

We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the ten

When new technologies emerge, it's normal to get excited – but sometimes the rate of progress and the expectations of not just consumers but other businesses fail to match the reality of innovation

Progress isn't always linear or straightforward, but innovation must also contend with hype cycles and undue business and media attention