Today, many businesses facing life-or-death challenges from digital technology are described as contemporary buggy whip makers. But is the comparison apt?
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It is a semi-fair comment to
It is a semi-fair comment to make.
The market for buggy-whips was getting smaller (although as noted it still exists, as so horses and carriages) but the comparison with them could have been that they might have wanted to diversify into gloves, hats, or anything else that involved leather and leathergoods.
It’s not as direct as carriages and carriage parts but their market was still disappearing, just probably at a less costly rate than the carriages themselves.