Current:Home > MarketsHow IBM's gamble ushered in the computer age -EliteFunds
How IBM's gamble ushered in the computer age
View
Date:2025-04-26 13:54:57
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! (3133)
Related
- Intel's stock did something it hasn't done since 2022
- Drew Barrymore has been warned to 'back off' her guests after 'touchy' interviews
- I loved to hate pop music, until Chappell Roan dragged me back
- Mega Millions winning numbers for Tuesday, Dec. 10 drawing: $619 million lottery jackpot
- The GOP and Kansas’ Democratic governor ousted targeted lawmakers in the state’s primary
- China says Philippines has 'provoked trouble' in South China Sea with US backing
- Travis Kelce Praises Taylor Swift For Making Eras Tour "Best In The World"
- Mega Millions winning numbers for Tuesday, Dec. 10 drawing: $619 million lottery jackpot
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Stock market today: Asian stocks are mixed ahead of key US inflation data
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- How to watch 'A Charlie Brown Christmas' for free: Special date, streaming info
- See Mariah Carey and Nick Cannon's Twins Monroe and Moroccan Gift Her Flowers Onstage
- Mystery drones are swarming New Jersey skies, but can you shoot them down?
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- Shanghai bear cub Junjun becomes breakout star
- Billboard Music Awards 2024: Complete winners list, including Taylor Swift's historic night
- US inflation likely edged up last month, though not enough to deter another Fed rate cut
Recommendation
DoorDash steps up driver ID checks after traffic safety complaints
This house from 'Home Alone' is for sale. No, not that one.
Secretly recorded videos are backbone of corruption trial for longest
Gen Z is 'doom spending' its way through the holidays. What does that mean?
$1 Frostys: Wendy's celebrates end of summer with sweet deal
Shanghai bear cub Junjun becomes breakout star
KISS OF LIFE reflects on sold
Luigi Mangione Case: Why McDonald's Employee Who Reported Him Might Not Get $60,000 Reward