• CIWS-30@kbin.social
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    1 year ago

    I remember reading about how Kodak tried to block digital cameras (even its own) so as not to compromise their own film business, only to be caught unprepared later on when the digital camera revolution came anyway and then took massive losses.

    It’s funny how they build the first.

    • Raltoid@lemmy.world
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      1 year ago

      Then later they almost shut down their entire consumer film production because of digital cameras. So they were right in thinking it would massively impact them, but made some very wrong choices because of it.

        • awesomesauce309@midwest.social
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          1 year ago

          So suppressing the next big competing technology just put their company behind after it became ubiquitous? Is there a lesson to be learned here? I don’t have time to figure it out—somebody’s gotta mine all this coal.

      • espentan@lemmy.world
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        1 year ago

        It’s a bit like discovering electric lighting and brushing it under the carpet, since your candle factory is blooming, while thinking/hoping that no one else will ever see a future for electric lights.

        It must be one of the biggest faux pas in corporate history.

    • someguy3@lemmy.ca
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      1 year ago

      I read an interesting analysis: We as consumers just see pictures, but to them they were a chemical processing company. That didn’t translate at all to digital pictures in any way like corporate experience, mindset, technical expertise, etc. It would have been hard to mentally make the change before it hit them in the face.