Current:Home > InvestHow IBM's gamble ushered in the computer age -FinTechWorld
How IBM's gamble ushered in the computer age
View
Date:2025-04-17 22:42:06
In the book of corporate folklore, former IBM CEO Thomas Watson Jr. deserves a special spot. Specifically, the massive gamble he took in 1964 to introduce the System/360, which had the potential to undermine his own company's entire business model. Today on the show, an interview with author Marc Wortman on what Watson Jr.'s decision reveals about the fragile relationship between innovation and destruction.
Marc Wortman is co-author of the new book The Greatest Capitalist Who Ever Lived: Tom Watson, Jr., and the Epic Story of How IBM Created the Digital Age.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood! (7524)
Related
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- GOP organizations sue Arizona’s top election official in latest dispute over election manual
- Guard Spencer Dinwiddie to sign with Lakers after clearing waivers
- National Pizza Day: Domino's, Pizza Hut and more places pizza lovers can get deals
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Migrant crossings fall sharply along Texas border, shifting to Arizona and California
- 4.6-magnitude earthquake shakes Southern California
- Investigators focus on suspect in Philadelphia area fire and shooting that left 6 dead, 2 hurt
- Intellectuals vs. The Internet
- Wayne Kramer, late guitarist of rock band MC5, also leaves legacy of bringing music to prisons
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Costco, Trader Joe's pull some products with cheese in expanded recall for listeria risk
- Taylor Swift prepares for an epic journey to the Super Bowl. Will she make it?
- Second man accused of vandalizing journalists’ homes pleads guilty in New Hampshire
- Highlights from Trump’s interview with Time magazine
- NBA sued by investors over ties to failed crypto exchange Voyager
- Colman Domingo talks 'Rustin' Oscar nod and being an awards style icon: 'Isn't it crazy?'
- Paris 2024 Olympics medals unveiled, each with a little piece of the Eiffel Tower right in the middle
Recommendation
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Kansas’ AG is telling schools they must out trans kids to parents, even with no specific law
Vanderpump Rules' Raquel Leviss Makes Unexpected Runway Appearance During NYFW
Congressional age limit proposed in North Dakota in potential test case for nation
DoorDash steps up driver ID checks after traffic safety complaints
$700M man Shohei Ohtani is talk of Dodgers spring training: 'Can't wait to watch him play'
Magnitude 5.7 earthquake strikes just south of Hawaii’s Big Island, U.S. Geological Survey says
Taylor Swift's Eras Tour estimated to boost Japanese economy by $228 million