• 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.

    • 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.

      • 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.