I think we are seeing “late abandoner” costs with large groups of people. It’s like paying high “early adopter” costs but instead of getting new technology for it, you get the comfort of hanging on to old stuff as its business model circles the drain and the executives piloting the sinking ships bleed the dwindling customer base for whatever they can.
I think we are seeing “late abandoner” costs with large groups of people. It’s like paying high “early adopter” costs but instead of getting new technology for it, you get the comfort of hanging on to old stuff as its business model circles the drain and the executives piloting the sinking ships bleed the dwindling customer base for whatever they can.
I think you’re exactly right. It’s the new generation of ‘last in, first out’.