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Steve Sasson was working at the applied research lab at Eastman Kodak when he was asked to look into a new apparatus called a charge-coupled device. One year later, the first digital camera was born. But, while the invention changed the industry forever, it also caused the demise of one of the biggest photo companies in the world.

“The revolution was going to happen,” Sasson says. “I didn’t know when, and I didn’t know how effective it would be. In the end result, the fundamental business model of Kodak was undermined by the new technology.”

Sasson is credited with building the first digital camera in 1974 using a Fairchild CCD. He utilized an imaging chip to receive light from the lens and convert it into numbers. The charge pattern, he explains, was read quickly into a permanent storage place, which then happened to be a digital cassette tape.

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http://www.huffingtonpost.com/2013/05/21/digital-camera-inventor-kodak-bankruptcy_n_3315622.html?utm_hp_ref=influencers-and-innovation

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