It’s often underestimated how long technology takes to mature.
1972: A Computer Animated Hand - Ed Catmull’s project as a graduate student:
The Adventures of André and Wally B. is an animated short made in 1984 by The Graphics Group, a subsidiary of Lucasfilm, which was later renamed “Pixar” before being spun off as a separate company:
Toy Story, 1995 - $30M budget, $363M box office, Academy Award, etc:
