Friday, May 15, 2009

Quote of the day - nothing good from the internet

Nothing good from the internet? That's amazing coming from the CEO of Sony Pictures.
"I'm a guy who doesn't see anything good having come from the internet."
Hmm. Recent history shows companies that embrace new technologies rather than fighting old turf wars come out ahead.

Apple learned that it could not sue it's way to greatness. (Microsoft ripped off Mac software to give us Windows.) The music labels also thought they could sue their way back to profitability. And 20 years ago Polaroid thought they could sue Kodak (who made a similar instant photograph product) to retain primacy in a now dead medium.

New technologies come along and either companies learn how to profit from it (Apple) or don't (the entire newspaper industry).

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