Destroying American Jobs (ie Kodak)

[tw]

Originally Posted by ZenGum

As well as the physical possession, I think there is some cognitive psychological advantage to using paper, but I can't be any clearer than that.

That is what so many thought five years ago. Then Amazon came out with the Kindle. Amazon now sells more books electronically than in paper.

Amazon saw the value of innovation long ago when others thought paper will remain the future. Kodak has the same buggy whip attitude.

To save American jobs, a Kodak bankruptcy should have happened ten years ago. Then maybe Kodak might have developed the next innovation in image processing - the Kindle. Kodak cannot do that when entrenched in a paper mentality. Curious. Those on Wall Street that protected Kodak also have a paper profits attitude.