Capital Decay

Gross sounding term related to obsoleting production techniques/technology. As production techniques or service processes get better, firms that fail to keep up with the Joneses lose out on revenue, incur relatively higher costs, or both.

For example, goods used to be delivered by flatboats, then by steamboats, and now, planes, trains, and automobiles. There's a reason you've heard of FedEx but not HuckFinnEx...Huck's business experienced capital decay, lost business to firms with superior technology, and was perceived as being kinda racist, so eventually went bankrupt.