Talk about time compression. The Flip video camera went from being a red-shot start-up in 2007, to a best-selling item, to a half-billion-dollar acquisition target, to defunct, in only four years. And we wonder why the world seems to be going too fast to comprehend?
“It took I.B.M. about four years just to reach dominance with its PC in the early 1980s. The iPad is only one year old.”
Permalink
http://techcrunch.com/2011/04/17/iphone-4-camera/. And in related news, the smartphone has also killed the point-and-shoot camera.