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How Kodak Invented the Digital Camera... Then Buried It to Protect Profits

Slow Motion Money

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How Kodak Invented the Digital Camera... Then Buried It to Protect Profits

7 просмотров · 6 дн. назад
Slow Motion Money
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7 просмотров · 6 дн. назад
In 1975, a 24-year-old Kodak engineer named Steven Sasson walked into a corporate boardroom in Rochester, New York. In his hands was an eight-pound toaster-sized gadget that captured a grainy black-and-white image without a single strip of chemical film. It was the world's very first digital camera. Instead of celebrating the breakthrough that would define the next century, Kodak's executives asked one fatal question: "Does this threaten our 80% profit margins on yellow film boxes?" When Sasson told them digital resolution would follow Moore's Law and replace film within twenty years, leadership ordered the prototype hidden away in a secret closet and forbade him from speaking to the press. This is the full forensic breakdown of how Eastman Kodak—a company that held a 90% monopoly on the world's memories and employed 145,000 workers—allowed fear, dividend greed, and the Innovator's Dilemma to lead them into Chapter 11 bankruptcy. 📌 Chapters: 00:00 - The Yellow Monopoly (90% of All Photos) 02:15 - Steven Sasson & The Toaster Camera (1975) 05:40 - The Secret 1981 Intelligence Report 09:10 - The Golden Goose: Why Kodak Could Not Cannibalize Film 13:20 - Advantix: The $1 Billion Hybrid Catastrophe 17:05 - The Year 2000 Peak & The Digital Tsunami 20:45 - 13 Employees (Instagram) vs. 145,000 (Kodak) 23:10 - The Brutal Lesson for Every Business Today #Kodak #BusinessDocumentary #InnovatorsDilemma #Economics #SlowMotionMoney #FinancialHistory