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In 1924, CEOs of the leading light bulb companies held a secret meeting to stop improving their lightbulbs. This was because if they kept on making their lightbulbs last longer, then eventually consumers wouldn t have to buy any more lightbulbs.

Jul 19, 2022•1 min read

Fun Fact: In 1924, CEOs of the leading light bulb companies held a secret meeting to stop improving their lightbulbs. This was because if they kept on making their lightbulbs last longer, then eventually consumers wouldn’t have to buy any more lightbulbs.

Source

npr.org

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