h0ngnet/h0ngcom asked ChatGPT, what is the difference between "the next kodak" and "the next nokia"?

  what is difference between "next kodak" and "next nokia"?

ChatGPT said:

The phrases "next Kodak" and "next Nokia" are often used metaphorically in business and tech to describe companies that fail to adapt to major industry shifts — but they emphasize different types of failure:

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"Next Kodak"

• Meaning: A company that invents or recognizes a disruptive innovation early but fails to capitalize on it.

• Reference: Kodak actually invented the digital camera in 1975 but didn’t pursue it aggressively, fearing it would cannibalize its film business.

• Failure type: Missed opportunity due to fear of self-disruption.

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"Next Nokia"

• Meaning: A company that dominates the market but fails to keep up with technological evolution or user trends.

• Reference: Nokia was the global leader in mobile phones but failed to adapt to the smartphone era, especially after the iPhone and Android rise.

• Failure type: Complacency and slow response to changing market trends.

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Key Difference:

• Kodak = Early insight, but internal fear/stagnation blocked progress.

• Nokia = Late response, despite market dominance, lost touch with evolving consumer expectations.

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These phrases are used to caution companies:

• “Don’t be the next Kodak” = Don’t ignore your own innovation.

• “Don’t be the next Nokia” = Don’t rest on your laurels.

Want some modern examples of companies being compared to either?