Norma Desmond was the biggest star of Silent Movies. But when the talking movies came out, she was no longer a star. Here she laments her turn in life and vows to get back on top. This is a great illustration of creative destruction. The new innovative industry puts people in the old one out-of-business. This is better for society but can cause pain for those who are/were in the old industry.
Learn about creative destruction and unemployment in this clip!