Kodak Could Have Introduced the Digital Camera but Made This Mistake

January 11, 2018

WRITER

Kodak was an iconic company and a leader in the film business. But did you know that Kodak, a company that went bankrupt in 2012, could have launched the first digital camera but passed on the opportunity?

Glenn's Predictions on Technology and AI for 2018

In 1975, a Kodak engineer invented the digital camera. But even though Kodak had the early advantage and patented vital technologies that are still used in digital cameras, the company didn’t want to disrupt its film business with a camera that didn’t require film. By the time Kodak officially went digital, it was too late – competitors like Nikon and Sony had already crowded the field.

On today’s show, Glenn and Stu revisited this infamous story to illustrate how quickly the world is changing and how technologies can become obsolete almost overnight.

This article provided courtesy of TheBlaze.

GLENN: Hello, and welcome to the program. Coming up we're going to go into some of the predictions. I think today is tech predictions.

STU: Technology.

GLENN: And it's weird because a lot of these tech things are already happening. Yesterday we told you about KODAKCoin. This is the first time to be excited if you have anything to do with Kodak. It's like, they learned their lesson! You know the story about how they went out of business? How fast that happened? You don't know this? This is fascinating. So Kodak, you know, made film, obviously. They were the film dealer for everybody. They are state of the art film and film processing.

And they had a billion employees in Rochester, New York.

And they see the digital camera and they say, well, that's not going to take off. So they decided to not -- we'll let other people do the digital thing. We'll just stay in film.

One Christmas went by, and it was the first Christmas that digital cameras started to take off. They met again and they were like, no, we're a film company. Three Christmas later, they were almost out of business. It happened that fast. They went from the Titan to three years later, nothing. And they're like, maybe we should do the digital thing and it was too late. The first thing that I think Kodak has done that was smart, they just come out, announced it Monday or Tuesday, a KODAKCoin, and it's like Bitcoin. But here's -- and this is in one of my predictions, that some company is going to do this and they're going to use blockchain and Bitcoin to do it, and I said in the prediction that it would be Facebook or Apple or somebody like that.

Kodak is the one that comes out and does it. And what they've done is, you know how you have, you know, the photo thing, not Reuters, but ...

You always see. You go there for stock photos of news things. I don't know if you've ever seen it.

STU: Yeah, there's a few companies that do that.

GLENN: The big one, you sell your -- or you post your photo of, I've got the President picking his nose, and they put it on a service, and that service goes and everybody has it, and if you want to use it for television or radio or newspaper or something, you just buy it from them, and then that company pays you.

STU: Getty Images?

GLENN: That's what it is.

So Kodak has decided they're going to do it. And so what they do, in your camera, you will take pictures, and it will automatically go into blockchain and be held by you, and you can immediately post it. I mean, you take it, and it posts for sale from Kodak, and then there's no middleman. They're not negotiating anything. It's just posted. They buy it, they buy it through KODAKCoin. You get paid immediately, and it's simple, and there's no middleman. That's KODAKCoin.

STU: That's great.

GLENN: It's really brilliant.

STU: It's interesting because they have a big renaissance because they've tied themselves to this blockchain idea and that's happening to a lot of companies. A lot of them are like very strange stories, like this Chanticleer Holdings. Are you a big fan of them?

GLENN: Chanticleer? I've heard of it.

STU: They own several Hooters restaurants, nine Hooters restaurants, and they own some of the stock at Hooters of America.

GLENN: I'm trying to figure out the connection to blockchain.

STU: Right. That's where a lot of people are too. They said, a couple of weeks ago, that they would use blockchain related technology for its customer rewards program. And their stock went up 50%.

GLENN: That happened -- I saw that happen last year. There was another company that just has nothing -- they didn't know that they were putting blockchain. Nothing. They just put blockchain in their name. It was like, Glenn's Blockchain, and it went up. And the company has nothing to do with chain. They were just like, it's like money off of the blockchain.

STU: Really smart.

GLENN: That's Warren Buffett saying, don't invest if you don't know how it works. You know. Most people don't even understand what blockchain is, let alone Glenn's block change. That's somebody going, I know! Put some money in that blockchain thing!

STU: They're thinking, here's a new company, or a company that's changing its goals and they're working in blockchain. Get in now, get in early. Whoever owns that company, increases their cash by 50% or whatever it is. And then they can sell, and make a bunch of money and when it turns out they're actually do it, eventually the stock will come down but it's a good idea.

GLENN: I had a two-hour meeting with a guy from Silicon Valley who's a real mover and shaker and been instrumental in some of the new companies out now, the new tech companies and had a fascinating conversation.

Yesterday, Stu and I had a conversation with a blockchain and cryptocurrency guy.

And man, I hope he's right.

STU: Yeah, he was optimistic, I had say.

GLENN: Yeah, what was he say that he thought? Bitcoin would go up to? He said.

STU: It was 500,000?

GLENN: 500,000, I thought. And he didn't put a time period on that, did you.

STU: No, I don't think so.

GLENN: And he's been right about a lot of these things. I've sure he's been wrong, but he's been right about a lot of these things. There's a lot to learn like a theorem. He taught us about a theorem yesterday. I didn't release that was like an operating system.

STU: Yeah, it is. A lot of these secondary or even below that coins are built on. It's like, that's the operating system for these new, you know, Bitcoin types. I'm trying to explain this in a way that -- [overlapping voices] KODAKCoin is probably built on a theorem. Which is essentially the operating system for it.

GLENN: How is -- I was reading so have some stuff from Milton Friedman. We put it on a monologue on TV last night. But Milton Friedman talked about the internet and said the internet is going to be gigantic, and it will really change things. It will change government and everything else once you come up with a digital currency.

And here we are. We're at a digital currency. And you just wonder, how is -- how are the governments of the world, when push comes to shove, they're so far behind that they don't -- I remember having a conversation with somebody in Congress who sits on a committee for this kind of stuff, and I was talking to them about the technology that's coming. Me. Me. I have a rudimentary at best understanding of the stuff.

And they just kept looking at me and blinking, and they were in a room with a few people, and they were like, huh. We're going to have to look into that. Maybe we should -- we should look at, is there regulation that would -- we should be looking into? And I went, what? By the time you guys even figure this out, it's too late.

STU: Yeah.

GLENN: And they just -- they have no concept of what's coming.

STU: Yeah, people talk about this, and it's not a matter of whether cryptocurrencies fail because of the governments try to stop them. It's the idea whether governments will fail because of cryptocurrencies. So it's interesting. And I think like, these things obviously been in the news a lot. I think there's different levels of interest. Like the top tier people who are real investors and really know this stuff -- excuse me -- there's a secondary tier.

GLENN: Would you like some more NyQuil?

STU: The secondary tier of people who know a decent amount about it and invested in it. There are people who follow the news and are interested in things like a money supply that the government can't inflate. I think a lot of people in our audience are interested in that aspect of it, the idea that that thing could solve something we've been complaining about for decades, and it's not centralized through a government. I think there's a level of interest there. I think at the bottom of it is just, I like hearing stories about people getting megarich off of things. I love those stories are, like, someone invests a dollar -- we had someone who wrote in yesterday to one of our stories on Facebook and said, they got in an argument with --

GLENN: With their wife.

STU: -- in 2017 about buying 500 bitcoins.

GLENN: Oh, my gosh.

STU: Now, 2013!

GLENN: How much was that?

STU: Let me look at the Bitcoin charge here real quick.

GLENN: I didn't realize was 500 Bitcoins. Somebody in our audience, we have to talk to you. If that's you, you have to call in.

STU: Oh, my gosh.

GLENN: So how much was it?

STU: I'm looking here.

GLENN: He had an argument with his wife, and she said, we're not going to put money in Bitcoin. And he said, honey, right now it will cost us how much?

STU: I'm looking that up.

GLENN: We should invest 500 Bitcoin.

STU: Can you imagine? Can you freaking imagine.

GLENN: 2013, that had to be --

STU: 2013 we are at --

GLENN: It had to be 200?

STU: To 2013 it changed -- that was the year that it had its first -- what they were calling at the time a bubble where it peaked at a thousand dollars. Okay? But then it ran down with it was -- he said 2012 or 2013. So 2013, it was, for most of the year, about $100. At the beginning of the 2013 it was $13.

GLENN: 500.

STU: So that would have been $25,000, right? 50 times 500 is $25,000. So that's a good -- so you think, I don't know.

GLENN: Now do 500 times let's say $15,000.

STU: $15,000 will get you a return of $7.5 million.

GLENN: Are they still together? Are they still together? We have to track that listener down.

STU: Yeah, he said -- we had the argument, I lost the argument, and I'm still poor was the way he described it. $500 Bitcoins, he must have had some money. But $7.5 million is better than 8,000 in money, at least that's my impression.

GLENN: Is it? I'm not sure. That common core math?

STU: I have to show my work. But that's nothing compared to the goes who founded Ripple. Now Ripple is another cryptocurrency. You have the Bitcoin, theorem, light coin.

GLENN: Ripple seems pretty shady, only because they announced that Ripple was going to go on to coin base, and if --

STU: They didn't announce that. That is a rumor. There's no reason to believe that that's happening at this point.

GLENN: No, I know that but I thought it came from them.

STU: No, I don't think so.

GLENN: Well, somebody -- and it looks pretty -- it looked pretty solid and it went from like 1.50 to 350, 3.90, something like that.

STU: And it's in the high one dollars right now. But it was also 0.06 -- or 0. -- 0.6 cents in 2017.

0.6 cents is what it was. You could have bought these things for 0.6 cents. Now it's different from let's say Bitcoin, as I was talking about, it's not centralized. Right? And it is -- there's a limited amount of Bitcoins that will ever be created, so there's no inflationary risk here. Most of the Bitcoins, 80 some odd percent of them are already out. So there's not an inflation there.

Ripple, they created 100 billion of three things upon inception. So they created 100 billion of them, and the way they gave them away, they did giveaways, they did all sorts of things, but they've only released a third of them. So 66 billion of these Ripple coins are held by the company, which is like three guys who created them.

They're currently about $2 per coin. Okay? So that's a lot of money.

The way this breaks down, Forbes looked at it. It's actually insane. The cofounder and CEO, Chris Larson, who stepped in, he now serves at the executive chairman. He has 5.19 billion Ripple tokens.

And his personal holdings, and a 17% stake in the --

GLENN: He's not $5 --

STU: No, more than that. His net worth currently -- and this is slightly higher than it was now, but net worth personal, $37.3 billion. That would make him the 15th richest American on the 2017 Forbes 400 list.

GLENN: This stuff is going to -- this stuff is going to change the world. Think of the power shift. Here's the guy who had nothing!

And now he's got $37 billion! I mean, you know.

(Laughter.)

In the wrong hands, we -- Hooters is going to be where Congress meets!

(Music).

STU: I got news for you. They're already meeting there.

GLENN: It is a Hooters. Without the wings.

'Rage against the dying of the light': Charlie Kirk lived that mandate

PHILL MAGAKOE / Contributor | Getty Images

Kirk’s tragic death challenges us to rise above fear and anger, to rebuild bridges where others build walls, and to fight for the America he believed in.

I’ve only felt this weight once before. It was 2001, just as my radio show was about to begin. The World Trade Center fell, and I was called to speak immediately. I spent the day and night by my bedside, praying for words that could meet the moment.

Yesterday, I found myself in the same position. September 11, 2025. The assassination of Charlie Kirk. A friend. A warrior for truth.

Out of this tragedy, the tyrant dies, but the martyr’s influence begins.

Moments like this make words feel inadequate. Yet sometimes, words from another time speak directly to our own. In 1947, Dylan Thomas, watching his father slip toward death, penned lines that now resonate far beyond his own grief:

Do not go gentle into that good night. / Rage, rage against the dying of the light.

Thomas was pleading for his father to resist the impending darkness of death. But those words have become a mandate for all of us: Do not surrender. Do not bow to shadows. Even when the battle feels unwinnable.

Charlie Kirk lived that mandate. He knew the cost of speaking unpopular truths. He knew the fury of those who sought to silence him. And yet he pressed on. In his life, he embodied a defiance rooted not in anger, but in principle.

Picking up his torch

Washington, Jefferson, Adams — our history was started by men who raged against an empire, knowing the gallows might await. Lincoln raged against slavery. Martin Luther King Jr. raged against segregation. Every generation faces a call to resist surrender.

It is our turn. Charlie’s violent death feels like a knockout punch. Yet if his life meant anything, it means this: Silence in the face of darkness is not an option.

He did not go gently. He spoke. He challenged. He stood. And now, the mantle falls to us. To me. To you. To every American.

We cannot drift into the shadows. We cannot sit quietly while freedom fades. This is our moment to rage — not with hatred, not with vengeance, but with courage. Rage against lies, against apathy, against the despair that tells us to do nothing. Because there is always something you can do.

Even small acts — defiance, faith, kindness — are light in the darkness. Reaching out to those who mourn. Speaking truth in a world drowning in deceit. These are the flames that hold back the night. Charlie carried that torch. He laid it down yesterday. It is ours to pick up.

The light may dim, but it always does before dawn. Commit today: I will not sleep as freedom fades. I will not retreat as darkness encroaches. I will not be silent as evil forces claim dominion. I have no king but Christ. And I know whom I serve, as did Charlie.

Two turning points, decades apart

On Wednesday, the world changed again. Two tragedies, separated by decades, bound by the same question: Who are we? Is this worth saving? What kind of people will we choose to be?

Imagine a world where more of us choose to be peacemakers. Not passive, not silent, but builders of bridges where others erect walls. Respect and listening transform even the bitterest of foes. Charlie Kirk embodied this principle.

He did not strike the weak; he challenged the powerful. He reached across divides of politics, culture, and faith. He changed hearts. He sparked healing. And healing is what our nation needs.

At the center of all this is one truth: Every person is a child of God, deserving of dignity. Change will not happen in Washington or on social media. It begins at home, where loneliness and isolation threaten our souls. Family is the antidote. Imperfect, yes — but still the strongest source of stability and meaning.

Mark Wilson / Staff | Getty Images

Forgiveness, fidelity, faithfulness, and honor are not dusty words. They are the foundation of civilization. Strong families produce strong citizens. And today, Charlie’s family mourns. They must become our family too. We must stand as guardians of his legacy, shining examples of the courage he lived by.

A time for courage

I knew Charlie. I know how he would want us to respond: Multiply his courage. Out of this tragedy, the tyrant dies, but the martyr’s influence begins. Out of darkness, great and glorious things will sprout — but we must be worthy of them.

Charlie Kirk lived defiantly. He stood in truth. He changed the world. And now, his torch is in our hands. Rage, not in violence, but in unwavering pursuit of truth and goodness. Rage against the dying of the light.

This article originally appeared on TheBlaze.com.

Glenn Beck resurrects the 9-12 Project to support Charlie Kirk's family

Glenn Beck is once again calling on his loyal listeners and viewers to come together and channel the same unity and purpose that defined the historic 9-12 Project. That movement, born in the wake of national challenges, brought millions together to revive core values of faith, hope, and charity.

Glenn created the original 9-12 Project in early 2009 to bring Americans back to where they were in the wake of the 9/11 attacks. In those moments, we weren't Democrats and Republicans, conservative or liberal, Red States or Blue States, we were united as one, as America. The original 9-12 Project aimed to root America back in the founding principles of this country that united us during those darkest of days.

This new initiative draws directly from that legacy, focusing on supporting the family of Charlie Kirk in these dark days following his tragic murder.

The revival of the 9-12 Project aims to secure the long-term well-being of Charlie Kirk's wife and children. All donations will go straight to meeting their immediate and future needs. If the family deems the funds surplus to their requirements, Charlie's wife has the option to redirect them toward the vital work of Turning Point USA.

This campaign is more than just financial support—it's a profound gesture of appreciation for Kirk's tireless dedication to the cause of liberty. It embodies the unbreakable bond of our community, proving that when we stand united, we can make a real difference.
Glenn Beck invites you to join this effort. Show your solidarity by donating today and honoring Charlie Kirk and his family in this meaningful way.

You can learn more about the 9-12 Project and donate HERE

The critical difference: Rights from the Creator, not the state

Bloomberg / Contributor | Getty Images

When politicians claim that rights flow from the state, they pave the way for tyranny.

Sen. Tim Kaine (D-Va.) recently delivered a lecture that should alarm every American. During a Senate Foreign Relations Committee hearing, he argued that believing rights come from a Creator rather than government is the same belief held by Iran’s theocratic regime.

Kaine claimed that the principles underpinning Iran’s dictatorship — the same regime that persecutes Sunnis, Jews, Christians, and other minorities — are also the principles enshrined in our Declaration of Independence.

In America, rights belong to the individual. In Iran, rights serve the state.

That claim exposes either a profound misunderstanding or a reckless indifference to America’s founding. Rights do not come from government. They never did. They come from the Creator, as the Declaration of Independence proclaims without qualification. Jefferson didn’t hedge. Rights are unalienable — built into every human being.

This foundation stands worlds apart from Iran. Its leaders invoke God but grant rights only through clerical interpretation. Freedom of speech, property, religion, and even life itself depend on obedience to the ruling clerics. Step outside their dictates, and those so-called rights vanish.

This is not a trivial difference. It is the essence of liberty versus tyranny. In America, rights belong to the individual. The government’s role is to secure them, not define them. In Iran, rights serve the state. They empower rulers, not the people.

From Muhammad to Marx

The same confusion applies to Marxist regimes. The Soviet Union’s constitutions promised citizens rights — work, health care, education, freedom of speech — but always with fine print. If you spoke out against the party, those rights evaporated. If you practiced religion openly, you were charged with treason. Property and voting were allowed as long as they were filtered and controlled by the state — and could be revoked at any moment. Rights were conditional, granted through obedience.

Kaine seems to be advocating a similar approach — whether consciously or not. By claiming that natural rights are somehow comparable to sharia law, he ignores the critical distinction between inherent rights and conditional privileges. He dismisses the very principle that made America a beacon of freedom.

Jefferson and the founders understood this clearly. “We are endowed by our Creator with certain unalienable rights,” they wrote. No government, no cleric, no king can revoke them. They exist by virtue of humanity itself. The government exists to protect them, not ration them.

This is not a theological quibble. It is the entire basis of our government. Confuse the source of rights, and tyranny hides behind piety or ideology. The people are disempowered. Clerics, bureaucrats, or politicians become arbiters of what rights citizens may enjoy.

John Greim / Contributor | Getty Images

Gifts from God, not the state

Kaine’s statement reflects either a profound ignorance of this principle or an ideological bias that favors state power over individual liberty. Either way, Americans must recognize the danger. Understanding the origin of rights is not academic — it is the difference between freedom and submission, between the American experiment and theocratic or totalitarian rule.

Rights are not gifts from the state. They are gifts from God, secured by reason, protected by law, and defended by the people. Every American must understand this. Because when rights come from government instead of the Creator, freedom disappears.

This article originally appeared on TheBlaze.com.

POLL: Is Gen Z’s anger over housing driving them toward socialism?

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A recent poll conducted by Justin Haskins, a long-time friend of the show, has uncovered alarming trends among young Americans aged 18-39, revealing a generation grappling with deep frustrations over economic hardships, housing affordability, and a perceived rigged system that favors the wealthy, corporations, and older generations. While nearly half of these likely voters approve of President Trump, seeing him as an anti-establishment figure, over 70% support nationalizing major industries, such as healthcare, energy, and big tech, to promote "equity." Shockingly, 53% want a democratic socialist to win the 2028 presidential election, including a third of Trump voters and conservatives in this age group. Many cite skyrocketing housing costs, unfair taxation on the middle class, and a sense of being "stuck" or in crisis as driving forces, with 62% believing the economy is tilted against them and 55% backing laws to confiscate "excess wealth" like second homes or luxury items to help first-time buyers.

This blend of Trump support and socialist leanings suggests a volatile mix: admiration for disruptors who challenge the status quo, coupled with a desire for radical redistribution to address personal struggles. Yet, it raises profound questions about the roots of this discontent—Is it a failure of education on history's lessons about socialism's failures? Media indoctrination? Or genuine systemic barriers? And what does it portend for the nation’s trajectory—greater division, a shift toward authoritarian policies, or an opportunity for renewal through timeless values like hard work and individual responsibility?

Glenn wants to know what YOU think: Where do Gen Z's socialist sympathies come from? What does it mean for the future of America? Make your voice heard in the poll below:

Do you believe the Gen Z support for socialism comes from perceived economic frustrations like unaffordable housing and a rigged system favoring the wealthy and corporations?

Do you believe the Gen Z support for socialism, including many Trump supporters, is due to a lack of education about the historical failures of socialist systems?

Do you think that these poll results indicate a growing generational divide that could lead to more political instability and authoritarian tendencies in America's future?

Do you think that this poll implies that America's long-term stability relies on older generations teaching Gen Z and younger to prioritize self-reliance, free-market ideals, and personal accountability?

Glenn's Show Prep