The Rise and Fall of Kodak: Lessons in Innovation

Kodak started as a camera manufacturer, enjoying immense success in film sales until it declined in the digital era. Despite inventing the first handheld digital camera, Kodak executives resisted change, fearing loss of profits from their film business. This complacency and internal resistance led to their bankruptcy in 2012. Kodak's downfall highlights crucial lessons about innovation, adaptation, and the dangers of clinging to past successes.

Navigating the Maze of Global Climate Politics: A Game Theory Perspective

On June 1st, President Donald Trump announced the US withdrawal from the Paris climate agreement, igniting global outcry and reigniting discussions around global cooperation. The move, justified by potential economic losses, has drawn sharp criticism. The situation resembles the "Prisoner's Dilemma" from game theory, prompting a critical question: Can nations find a path back to cooperation despite the allure of short-term gains and the complexities of global politics?