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INSIGHTS1 MIN READ

Be bold

jostric

Published on January 31, 2016

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This is a great weekend read. Not only a New York bestseller but a real modern day look at exponential technologies, and where we are headed in the future. In the world of computers, to A.I.(artificial intelligence), robotics, 3-D printers and Space frontier. The author Peter H. Diamandis talks about pioneers like Larry Page (Google), Elon Musk (Space X, Tesla), Sir Richard Branson, Jeff Bezos (Amazon) and more.

The most incredible example of exponential technology is the Kodak story, which he calls the Kodak moment. Basically, how Kodak became a dinosaur and was forced into bankruptcy by a little company operating out of a garage in California. Well, that little company was INSTAGRAM.

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Kodak refused to adapt to the technology of the future. Think about it, when was the last time you went to the drug store to get your film developed??

Kodak was born in 1892, in 1996, it had a market cap of $28 billion and 140,000 employees worldwide. April 9, 2012, three months after Kodak filed for bankruptcy, that little company with thirteen employees (Instagram) was bought by Facebook for $1 Billion.

This is a must read,

James

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