I must admit that I am sad to see Kodak fail. For over 131 years I have, along with the rest of the photography industry, as viewed Kodak as an icon. For decades they have been the forerunners of film photography and now they seem like they are living the final days of the Roman Empire. Just recently Kodak has filed for bankruptcy because they cannot seem to compete with the digital format. Companies like Sony, Nikon, and Cannon have found creative means to replace film and probably without even noticing it, they have railroaded Kodak to oblivion.
My first instinct is to simply conclude that there is an evolution to companies. Either they adapt or die. In the case of Kodak, they never adapted. It seems like if they adopted the digital format the day it came out in the 1990's then they would still be a powerhouse today. They never did obviously. It seems as though that in technology, sticking to your roots is not a good thing. Furthermore, failing to adapt means death. However, I wish they wouldn't go under, but I would rather have them go under than my beloved Nikon.
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