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We almost had a smartphone in the 90s. Why did it fail? : Planet Money - NPR

npr.org

General Magic had world-class talent and investor backing in the 90s — so why did their proto-smartphone vanish before anyone noticed it existed?

First-Mover DisadvantageTechnology Adoption Life CycleCreative DestructionMarket Timing Theory

Theory Briefing

  • General Magic assembled elite Silicon Valley talent in the early 90s to build what looked like a smartphone — decades before the iPhone.
  • Despite generous investors and creative freedom, the device failed to reach consumers, raising questions about what kills great ideas before launch.
  • The story challenges the idea that talent and funding alone determine which technologies survive and which disappear.
  • Timing may matter as much as vision — a product ahead of its infrastructure has nowhere to land.