Saturday, January 21, 2012


Goodbye Kodak

by Reb Akiva @ Mystical Paths

2012-01-19 Bnei Brak 013 t

(Photo – Kodak research and development center, Kiryat Aryeh High Tech Industrial Park, Petach Tikvah, Israel)

The 120 year old photography company Kodak declared bankruptcy on Friday.  The photographic film and film developing business disappeared in the last 10 years with the arrival of digital photography.  Kodak failed to make the transition, being beaten by their new competitors from both the electronics world and camera world.

We live in a time of astounding change.  What many don’t realize is the basis of the change.  Most science fiction and futuristic views predicted and assumed changes in ENERGY.  Mankind and science would learn to harness massive forces of energy all the way down for personal use.  Flying cars and jet packs would be the norm.  Fast expansion out into our solar system and beyond coming at the same time.

Science has been making continuous advances in energy.  But those advances are incremental.  Today’s power plants maybe 3 or 4 times more efficient and produce 10 times as much energy as 50 years ago, but that’s not really that big an increase and not the level to push mankind out to the stars.

No, the basis of the change is INFORMATION.  At the smallest levels our technologies are now able to capture information and share information.  The result of this basis is an efficiency of 10,000 times higher than 50 years ago, where today we carry more computing power and information around in our iphones than existed in the whole world a few generations ago.

Kodak failed to make that leap, and when that information impact hit their industry they were done for.  (Though as a huge company with many assets, even with no effective income they can spent the next 10 years selling themselves apart and continuing to survive for the sake of survival.)

There’s a few good lessons to pay attention to with Kodak.  Which are the right ones, that’s harder to grasp.


  1. and yet, the "inner-net" is the most important "provider"..

    please G-d that we can connect to our torah and this will be enough for us. :)

  2. Kodak is quite successful with their CCD chips. Those operations are common practice with those sort of giants. See e.g. Pentax-Hoya merger a short while ago.


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