NYC Cabbies Who Resisted Credit Card Machines... Now Making More...

Courtesy Techdirt  Mon, 11/09/2009 - 20:33

A rather common theme around here is how often various industries resist the use of new technologies, fearing that those technologies will somehow harm or even destroy the industry.

And yet, before too long, the opposite turns out to be true. Remember how Jack Valenti declared the VCR to be the "Boston Strangler" to the movie industry?

Just a few years later, revenue from VCR rentals and sales represented a massive part of the movie business's yearly income.

It happens...

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