Kodak was an iconic company and a leader in the film business. But did you know that Kodak, a company that went bankrupt in 2012, could have launched the first digital camera but passed on the opportunity?
In 1975, a Kodak engineer invented the digital camera. But even though Kodak had the early advantage and patented vital technologies that are still used in digital cameras, the company didn’t want to disrupt its film business with a camera that didn’t require film. By the time Kodak officially went digital, it was too late – competitors like Nikon and Sony had already crowded the field.
On today’s show, Glenn and Stu revisited this infamous story to illustrate how quickly the world is changing and how technologies can become obsolete almost overnight.