Are Technology Companies Putting Themselves Out Of Business?

Posted by ActiveEnnovations

Are Technology Companies Putting Themselves Out Of Business?

Not too long ago, you had a device for virtually every different aspect of your daily life. Your house had a telephone, a television set, a clock, and a radio. As time went on these devices became more mobile. Radios were built into automobiles, as eventually were all of those other devices mentioned above. Then came along cellular phones, which will at some point make landline phones completely obsolete. As of now, both structures co-exist, though cell phone service has greatly reduced the demand for landline service.

Then came the MP3 player, which took off and took a huge cut of the compact disc sales. In part because MP3 individual song sales brought back the idea of the music single, as in the days of records. Why spend fifteen bucks on a CD, when you only like one or two of the songs on it. You can spend two dollars and download each of those songs.

Cameras also went digital, and your photos became easily transferable among digital mediums. Then there was the rise of GPS systems, to help people find out where they are and where they are going.

Now all of our devices are becoming everything devices. Our MP3 Players are also Radios, our Phones are now also MP3 players, Cameras, and GPS units. At some point we will all just have one device to do everything. Now, won’t destroying the standalone device market eventually ruin companies?

Posted on: 1/29/2010 at 10:37 PM
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