Current:Home > FinanceHow IBM's gamble ushered in the computer age -Visionary Wealth Guides
How IBM's gamble ushered in the computer age
View
Date:2025-04-15 19:38:08
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! (444)
Related
- Arkansas State Police probe death of woman found after officer
- Judge set to hear motion to dismiss rapper Travis Scott from lawsuit over deadly Astroworld concert
- Semiautomatic firearm ban passes Colorado’s House, heads to Senate
- Native American-led nonprofit says it bought 40 acres in the Black Hills of South Dakota
- The 401(k) millionaires club keeps growing. We'll tell you how to join.
- Tesla is planning to lay off 10% of its workers after dismal 1Q sales, multiple news outlets report
- An AP photographer explains how he captured the moment of eclipse totality
- Are Americans feeling like they get enough sleep? Dream on, a new Gallup poll says
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Chase Elliott triumphs at Texas, snaps 42-race winless streak in NASCAR Cup Series
Ranking
- Military service academies see drop in reported sexual assaults after alarming surge
- Reba McEntire Reveals If She'd Get Married for a 3rd Time
- Opioid settlement cash being used for existing programs and salaries, sparking complaints
- Kamala Harris blames Trump for abortion bans during Arizona visit
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Tyler, the Creator fires up Coachella 2024 in playful set with Donald Glover, A$AP Rocky
- Hours late, Powerball awarded a $1.3 billion jackpot early Sunday. Here's what happened.
- Tax Day deals 2024: Score discounts, freebies at Krispy Kreme, Hooters, Potbelly, more
Recommendation
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
'Horrific': 7-year-old killed, several injured after shooting in Chicago, police say
After finishing last at Masters, Tiger Woods looks ahead to three remaining majors
How much money will Caitlin Clark make as a rookie in the WNBA?
Senate begins final push to expand Social Security benefits for millions of people
Taylor Swift and Travis Kelce dance to Bleachers, Ice Spice at Coachella
US judge tosses out lawsuits against Libyan commander accused of war crimes
How much did 2024 Masters winner earn? Payouts by position, purse at Augusta National