http://www.theguardian.com/artanddesign/jonathanjonesblog/2012/jan/19/kodak-bankruptcy-digital-photography “Kodak was the first company to create the digital camera, but back then most of its profits came from selling chemicals [used for developing film], and they were afraid to invest because they thought it would eat into the traditional business,” “..his bosses vetoed it over fears of the “cannibalization of film”. “There will be no more ‘Kodak moments’ “…