Big Tech Faces the AI Innovator’s Dilemma.

Smith Corona was once the king of written communications.

For most of the twentieth century, the sound of work and study in America was the clickety‑clack of typewriter keys in offices, newsrooms and dorm rooms as hundreds of thousands of machines moved ink to paper using typewriter keys.

By the late 1980s, Smith Corona sat at the center of that world. It was reported to have a 50% share of the typewriter market. Its reputation as a reliable, well‑managed manufacturer could be measured by strong sales...