Here’s A Current Example Of The Challenge We Face. At The Height Of Its Power, The Photography Company Kodak Employed More Than 140,000 People And Was Worth $28 Billion. They Even Invented The First Digital Camera. But Today Kodak Is Bankrupt, And The New Face Of Digital Photography Has Become Instagram. When Instagram Was Sold To Facebook For A Billion Dollars In 2012, It Employed Only Thirteen People. Where Did All Those Jobs Disappear To? And What Happened To The Wealth That All Those Middle-class Jobs Created?
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Here’s A Current Example Of The Challenge
Jaron Lanier
Here’s A Current Example Of The Challenge We Face. At The Height Of Its Power, The Photography Company Kodak Employed More Than 140,000 People And Was Worth $28 Billion. They Even Invented The First Digital Camera. But Today Kodak Is Bankrupt, And The New Face Of Digital Photography Has Become Instagram. When Instagram Was Sold To Facebook For A Billion Dollars In 2012, It Employed Only Thirteen People. Where Did All Those Jobs Disappear To? And What Happened To The Wealth That All Those Middle-class Jobs Created?
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