[BC] can technology create a significant revenue source

[Craig Bowman]

I would argue that the key is to recognize the demand which already 
exists and then fill it.  Trying to create a demand is very difficult.  
Most of your examples were proprietary (Beta, Divix, ATRAC, etc.) which 
do not allow for competition.  This is just one of many examples of how 
counter-intuitive economics can be.  I bet it sure looked good on 
paper...in a book.

Craig Bowman
Bowman Engineering
Local HDTV, Inc.
989-277-8835

On 11/22/2010 8:45 PM, Dana Puopolo wrote:
> EXACTLY! The way capatalism happens is to create a demand, then come up with a
> product to fufill said demand. Two things also come into play: TIMING and
> LUCK! HD radio's problem is timing-it came too late to be useful. So did AM
> stereo (by he time it came to market the broadcasters, helped by Leonard Kahn
> had delayed it too long). There was no demand by the time these products came
> to market. It's happened before: Beta, Laserdisks, Elcaset, Sony ATRAC, DIVX
> (almost put Best Buy out of business) SACD, and on and on-and it will happen
> again too.
>
> The same could have happened to HDTV-except there's a third wrinkle that
> sometimes applies: Government "help". In thic case DTV was foisted on us by
> the govt.-who wanted to sell excess spectrum to wireless carriers to help
> along another product-smart phones.
>
> -D