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Lessons from Kodak
Richard Rost 
          
12 months ago
In 1975, a young engineer named Steve Sasson at Kodak developed the first digital camera. It was a bulky device that captured black-and-white images at a resolution of 0.01 megapixels and took 23 seconds to record a single image onto a cassette tape.

Despite this groundbreaking invention, Kodak shelved the project. The company was deeply invested in its profitable film business and feared that digital photography would cannibalize its core revenue.

This decision serves as a cautionary tale. Innovation isn't just about creating new technology; it's about embracing change, even when it threatens existing business models.

As someone who works with technology, I see parallels. It's easy to stick with familiar tools and methods, but sometimes, embracing new technologies or approaches can lead to significant improvements.

Remember, progress often requires us to step out of our comfort zones. Always keep learning!

LLAP/RR
Richard Rost OP  @Reply  
          
12 months ago

Thomas Gonder  @Reply  
      
12 months ago
I can hear the execs at Kodak: Um Steve? Where's the printer that will read that cassette tape and print 8x10s? Crickets.
Sam Domino  @Reply  
      
12 months ago
History is littered with dead companies that chose (for what ever reason...profit, tradition, fear, etc.) not to innovate.  It usually a new company that is willing to take the risk and develop a new concept.  SpaceX and reusable rockets is a prime example.
Richard Rost OP  @Reply  
          
12 months ago
Netflix > Blockbuster

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