You win some, you lose some. For me the wrong choices were the Betamax machine and HD disc drive for the Xbox. In both cases, the technology was trumped by a competing (in my mind inferior) format. But that’s the nature of evolving applications.
No one wants to make the wrong decision but sometimes it happens, so I thought this NY Times article written by Farhad Manjoo was interesting and helpful. How to Survive the Next Wave of Technology Extinction offers some practical advice for staying on the right track.
What obsolete technology did you invest in? Do you agree with Manjoo’s advice?