HomeStrategyCircuit City Trusted the Spreadsheet. Best Buy Trusted the People. Only 1... Strategy Circuit City Trusted the Spreadsheet. Best Buy Trusted the People. Only 1 Survived Strategy July 28, 2026 0 110 FacebookXPinterestWhatsApp Companies racing to replace people with AI may be repeating the same mistake that destroyed Circuit City. Former Best Buy CEO Hubert Joly explains why. FacebookXPinterestWhatsApp Cody Previous articleDavid Burstyn’s Winston pays $18M for waterfront Bay Harbor Islands lotNext articleI Dropped Out of College at 19 to Build a $3 Billion Business Helping Independent Brands Compete With Amazon Prime RELATED ARTICLES Strategy Hormel Is Betting $1.06 Billion on Chicken. The Deal Goes Far Beyond Grocery Shelves Strategy Eric Schmitt doesn’t seem to think he’s done anything wrong Strategy AI companies are banking on this job title Strategy AI could displace 11 million US workers by 2035, report says Must Read Hormel Is Betting $1.06 Billion on Chicken. The Deal Goes Far Beyond Grocery Shelves Strategy Metaview wants to eliminate recruiting grunt work and speed up hiring after raising $60M Tech Scale-up interconnect startup CScale launches with $188M in funding Tech Micron almost quadruples its revenue thanks to AI’s insatiable demand for memory chips Tech FTC reportedly investigating OpenAI, Anthropic over potential consumer risks Tech