Does Amara's Law apply to blockchain?

01 January 1970 1 8K Report

Amara’s law – that we overestimate the effect of a technology in the short run and underestimate its effect in the long run.

Wiill Amara's law be proven right for blockchain as it turns out we are many years away from enterprise level blockchains

#blockchain

Horst Treiblmaier

Trevor Clohessy I would say: YES. Of course, we have to specify what "short run" and "long run" mean in this day and age. I guess it also has to do with the previous Blockchain hype. During hype times everything is "good" and in the wake of the hype suddenly it becomes "bad". I have seen the same phenomenon during the Internet hype.

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