There are countless examples of companies and industries that failed to adapt to technological disruptions at their outset, and as a result have become obsolete. When was the last time you left your home to rent a movie? Fifteen years ago, Blockbuster was a movie rental giant. However, they did not adapt well to the demands of the digital age. Companies like Netflix created online portals and shipped movies to customers, and then moved to online streaming. By the time Blockbuster got on board with ...

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