The (alleged) quote about cars being a fad dates to 1901. A similar quote from a banker rejecting investment in Ford Motor Company is from 1903, before the firs

The (alleged) quote about cars being a fad dates to 1901. A similar quote from a banker rejecting investment in Ford Motor Company is from 1903, before the first Model A was produced. I guess we're much farther along in the development of VR headsets than that. In any case, there might have been grumblers, but history shows that as soon cheap and reliable cars where available, they sold like crazy. There will be always grumblers but they also often point out fads correctly. 3D TVs are a good example, I think. Or quadrophonic records.