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To: noiseman
Just to add....

I also remember the IT guy saying that they had invested too much in a dedicated Blackberry server, to which I laughed and said, "It doesn't matter. The market is going in a completely different direction." It is maddening sometimes how large organizations become fixated on where they have been, rather on where they should be going. It's a little like saying, "We can't get those newfangled horseless carriages, because we've invested too much in wagons and buggy whips."

7 posted on 06/16/2017 5:59:27 PM PDT by noiseman (The only thing necessary for the triumph of evil is for good men to do nothing.)
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To: noiseman

The problem is, if you have 300,000 employees, it takes three or four years to make the change. By the time you finish, the “new” technology is obsolete.


8 posted on 06/16/2017 6:17:40 PM PDT by proxy_user
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To: noiseman

That has a name: The sunk cost fallacy. It’s what keeps people sending money down a hole so that the money they already put down the hole isn’t “wasted”.


13 posted on 06/16/2017 9:15:47 PM PDT by ReignOfError
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