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Gradually, Then Suddenly...The Course of Secular Change

Three charts which show the velocity of change on (1) analog photographs (2) music industry (3) Windows operating system

“Gradually, then suddenly.” That’s how Hemingway described the ill fortune of a bankrupt in The Sun also Rises. It should probably be required reading for any incumbent in a digitally disruptable market. But who has time to read a book these days — or even a Kindle?

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banking