Current:Home > NewsHow IBM's gamble ushered in the computer age -StockPrime
How IBM's gamble ushered in the computer age
View
Date:2025-04-16 06:08:30
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! (862)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Correction: Oilfield Stock Scheme story
- Watch Hannah Brown Make a Surprise Appearance on Bachelor in Paradise
- Seattle to pay $1.86 million after man dies of a heart attack at address wrongly put on 911 blacklist
- What do we know about the mysterious drones reported flying over New Jersey?
- More refugees to come from Latin America, Caribbean under Biden’s new 125,000 refugee cap
- 2 dead in plane crash into roof of home outside of Portland, Oregon
- 'Her heart was tired': Woman who ran through Maui wildfire to reach safety succumbs to injuries
- Rylee Arnold Shares a Long
- Duane Davis, charged in rapper Tupac Shakur’s fatal shooting, makes first court appearance
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- Western countries want a UN team created to monitor rights violations and abuses in Sudan
- Costco is seeing a gold rush. What’s behind the demand for its 1-ounce gold bars?
- Fukushima nuclear plant starts 2nd release of treated radioactive wastewater into the sea
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Pope Francis suggests blessings for same-sex unions may be possible — with conditions
- Japan hopes to resolve China’s seafood ban over Fukushima’s wastewater release within WTO’s scope
- Steve Scalise and Jim Jordan running for House speaker as GOP race to replace McCarthy kicks off
Recommendation
Global Warming Set the Stage for Los Angeles Fires
Meet this year’s MacArthur ‘genius grant’ recipients, including a hula master and the poet laureate
Lexi Thompson will become seventh woman to compete in a PGA Tour event
'It's going to help me retire': Georgia man wins $200,000 from Carolina Panthers scratch-off game
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
WNBA set to announce expansion team in San Francisco Bay Area
'Tiger King' star 'Doc' Antle banned from dealing in exotic animals for 5 years in Virginia
Top Wisconsin Senate Republican calls on Assembly to impeach state’s top elections official