Tekstit

Slow technological evolution From time to time some technology cats up hype state, like smart phones a decade ago or AI today. For some time there is an omnipotent euphoria and if feels like the world history is changing in an eye-blick.  Normally after this come a hangover and at least the enlightened individuals feels empasserst. In most cases after this drop the real development and changing the world begins. There is still another aspect to this. The organisation that produces the fundamental change seldom is capable to create any business out of it. Here is an revealing example. Eastman Kodak was one of the largest players in the film and photography industry. It was able to develop a digital camera, where the old celluloid film was replaced by image sensor. But the company was not ready to start to develop new business model base on new technology. This was done by Japanese companies like Sony and Canon. Eastman Kodak went bankrupt in 2012 after strong decline in businesse