My uncle dropped out of Waterloo in the early 70s because everyone figured there weren't enough computers for computer science to be useful.
Like Professor Frink said: "I predict that within 10 years, computers will be twice as powerful, ten thousand times larger, and so expensive that only the 5 richest kings of Europe will own them"
I entered Waterloo in 2002 and I took "Computer Science for Business" where a confidently incorrect lady repeatedly told us all our jobs would be outsourced to India so we should all be managers instead.
20 years later and that person was the worst fucking professor I ever had.
The only reason I knew she was full of shit was because I was a second generation 'good at math class' person. It doesn't matter where you live or what non-logarithmic things cost, dialectical materialism is real.