Current:Home > InvestHow IBM's gamble ushered in the computer age -Summit Capital Strategies
How IBM's gamble ushered in the computer age
View
Date:2025-04-21 20:06:01
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! (3117)
Related
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- EU Parliament probes a Latvian lawmaker after media allegations that she spied for Russia
- How Ariana Madix's New Boyfriend Daniel Wai Made His Vanderpump Rules Debut
- Confusion reigns in Olympic figure skating world over bronze medalist
- North Carolina justices rule for restaurants in COVID
- Andrew Tate loses his appeal to ease judicial restrictions as human trafficking case continues
- EU Parliament probes a Latvian lawmaker after media allegations that she spied for Russia
- Chita Rivera, trailblazing Tony-winning Broadway star of 'West Side Story,' dies at 91
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Georgia House Rules Chairman Richard Smith of Columbus dies from flu at age 78
Ranking
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- MSNBC host Joy Reid apologizes after hot mic expletive moment on 'The Reid Out'
- 5 suspects charged with murder in Southern California desert killings in dispute over marijuana
- Kiley Reid's 'Come and Get It' is like a juicy reality show already in progress
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- North Korea says it tested long-range cruise missiles to sharpen attack capabilities
- Charles Osgood: CBS News' poet-in-residence
- Republican lawmakers in Kentucky offer legislation to regulate adult-oriented businesses
Recommendation
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
Pennsylvania’s governor to push for millions in funds for economic development in budget
Don't miss the latest 'Feud' – between Truman Capote and NYC's society ladies
'Your Utopia' considers surveillance and the perils of advanced technology
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
Tropicana Las Vegas, a Sin City landmark since 1957, will be demolished to make way for MLB baseball
Apple's Mac turns the big 4-0. How a bowling-ball-sized computer changed the tech game
Greek court acquits aid workers who helped rescue migrants crossing in small boats