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"We've won, but at what cost?" (lemmy.world)
submitted 2 years ago by to c/memes@lemmy.world
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[–] 38 points 2 years ago (3 children)

I kinda get why they (and other companies) have to try AI at the moment though.

It’s not what people claim it is, but it could end up being an essential tool for the modern world, and if they don’t invest in it early their business might end up getting left behind.

We’ve certainly seen companies fall because they’ve not tried to stay on the cutting edge before.

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  • [–] 62 points 2 years ago (2 children)

    We’ve certainly seen companies fall because they’ve not tried to stay on the cutting edge before

    Best example I can think of is Kodak and digital cameras. They invented it then sat on it until it was too late because they didn't want to cut into their film scam.

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  • [–] 41 points 2 years ago (1 child)

    Sears. They got wrecked by the internet.

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  • [–] 31 points 2 years ago (1 child)

    Sears had a massive mail order catalog. Easy to switch that to Internet, right? But they decided to focus on stores.

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  • [–] 27 points 2 years ago* (1 child)

    It’s quite unbelievable that it was literally right there. The logistics were like 60% solved for them already, the remaining 40% was just making sure the online content remained linked with inventory and fulfillment, and expanding that capacity.

    “We think online shopping will be just a fad” - the unimaginable hubris…

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  • [–] 13 points 2 years ago* (last edited 2 years ago) (1 child)

    I was refreshing myself on wiki. They launched prodigy, but it was too early for online shopping to be popular. So they probably got a bad taste for that kind of thing. A concept in venture capital is that it's all about timing.

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  • [–] 4 points 2 years ago (1 child)

    Ohh I forgot they did Prodigy. It was such a WEIRD experience; it seemed to drop you down into this BBS/DOS mode, and none of the navigation was very similar to everything else on any PC/Mac at the time. I enjoyed some of the games on it but I really didn’t know what to think otherwise. We didn’t keep it very long.

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