47% of today’s jobs could be automated in the next two decades

[jmowreader]

15. Comparing Instagram to Kodak is stupid in the extreme

Let's be real: exactly how many people does it take to run a server farm? You could argue that thirteen people was overkill; you need eight people to run the server farm - two per shift and two on break - a programmer who could also be one of the server farm people, a manager and a secretary, and outsource everything else.

In Kodak's heyday, most of those 145,000 employees made things that had nothing to do with photography: until 1994 Kodak was the biggest chemical company in the United States. Did you know that during World War II, Kodak was America's largest producer of high explosives? Or that they made enriched uranium for our nuclear weapons program? Or worse, they were America's biggest maker of the fiber in cigarette filters? And one of the biggest reasons Kodak is in such trouble now, is that in 1994 they spun off Eastman Chemical. The "core strengths" fad of the 1980s and 90s, where companies "focused" on whatever it said they did on the sign and got rid of all the other divisions, has screwed a lot of firms that did it because in many cases those ancillary businesses were carrying the company. General Motors should still be making locomotives, Kodak should still be making chemical intermediates...should I go on? Add in that Kodak has warehousing and distribution operations that a pure e-play doesn't need.