James Surowiecki has an interesting piece in The New Yorker explaining why Blockbuster -- originally one of the category killer stores that eliminated all independent competition and freckled American suburbia with its presence -- finally admitted the inevitable and rolled over and died.
What happened? Apparently Blockbuster, which in previous years had made a fortune with its brick-and-mortar stores and insisted on this business model, didn't think the Internet was that big of a deal. But when Netflix and Amazon began to offer an insanely huge variety coupled with the ability to keep a movie for as long as you wanted while giving its customers some useful advice via a Recommendation Engine, Blockbuster began to lose its place as the only alternative customers had.
The coup de grâce? It was finally delivered by Redbox, when it began offering new Hollywood releases for just a dollar.
|The Missing Scarf|
|Game of Thrones Season 4 Special Effects|
|Viewsource: A Video a Day and Why You Should Watch It|
|They Rape'n Everybody Out Here|
|Out of Bounds|
|Ubuntu 17.10 Artful "What the Fuck" Aardvark|
|AI and Robotic Arms Remove Trash from Recycling|
|“Previously unknown plastic contamination in the tap water of cities around the world.”|
|“Google is our modern man's God.”|
|iotacons: Pixelated Art by Andy Rash|
|“Millions of Americans are hassled to pay back money they don’t owe.”|
|"100 of its members occupied the Opera Apple Store in Paris, demanding the company pay its taxes."|
|“End your life with a click.”|
|Japanese Robot Serves Ice Cream From Inside a Vending Machine|
|How to Avoid Jury Duty|
|As of December 1st, 2017, all Smartphones Sold in Canada Must be Unlocked|
|“The results of its People You May Know algorithm are anything but obvious.”|