Technology considered “obsolete” can be quite profitable. For example, mechanical wristwatches are by far the most profitable type of wristwatch to make and sell, according to the Wall Street Journal.
I am often amused, after about 40 years of watching the tech industry, that anyone still thinks being most popular is the same thing as being most profitable, secure, or sustainable.
Dean Esmay is the author of Methuselah’s Daughter. He has contributed to Dean’s World, Huffington Post, A Voice for Men, Pajamas Media. Neither left nor right wing, neither libertarian nor socialist.