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“And They Said a Phone Wouldn’t Work…” The Next Best Technology (That Will Save You Thousands)

Let us tell you a story that may make you think differently about a major money-saving endeavor.

It is fabled that in the late 1800s Alexander Graham Bell offered to sell his patent on the telephone to Western Union for $100,000. As the story goes, the committee assigned to investigate the telephone invention included the following in its report:

“We do not see that this device will be ever capable of sending recognizable speech over a distance of several miles. Messer Hubbard and Bell want to install one of their ‘telephone devices’ in every city. The idea is idiotic on the face of it. Furthermore, why would any person want to use this ungainly and impractical device when he can send a messenger to the telegraph office and have a clear written message sent to any large city in the United States? … Mr. G.G. Hubbard’s fanciful predictions, while they sound rosy, are based on wild-eyed imagination and lack of understanding of the technical and economic facts of the situation, and a posture of ignoring the obvious limitations of his device, which is hardly more than a toy … This device is inherently of no use to us. We do not recommend its purchase.” *

This would be a good time to say, “I told you so!” Regardless of whether the story is true, it paints the picture of how it’s difficult to anticipate how or at what pace a new technology will work or supplement an old one. That is certainly the case with solar power.

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