Current:Home > StocksHow IBM's gamble ushered in the computer age -WealthSphere Pro
How IBM's gamble ushered in the computer age
View
Date:2025-04-27 13:24:38
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! (1996)
Related
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- Caitlin Clark's next game: Indiana Fever vs. Connecticut Sun on Wednesday
- Slow down! Michigan mom's texts to son may come back to haunt her
- Nonprofit Law Center Asks EPA to Take Over Water Permitting in N.C.
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Video shows long-tailed shark struggling to get back into the ocean at NYC beach
- American Idol's Scotty McCreery Stops Show After Seeing Man Hit Woman in the Crowd
- Brittany Cartwright files to divorce Jax Taylor after 5 years of marriage
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Travis Kelce invests in racehorse aptly named Swift Delivery
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Woman files suit against White Sox after suffering gunshot wound at 2023 game
- Iowa water buffalo escapes owner moments before slaughter, eluding police for days
- Los Angeles authorities searching for children taken by parents during supervised visit
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Sweaty corn is making it even more humid
- Water buffalo corralled days after it escaped in Iowa suburb and was shot by police
- Caitlin Clark's next game: Indiana Fever vs. Connecticut Sun on Wednesday
Recommendation
Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
American Idol's Scotty McCreery Stops Show After Seeing Man Hit Woman in the Crowd
Massachusetts strikes down a 67-year-old switchblade ban, cites landmark Supreme Court gun decision
2024 Paralympics: Kate Middleton and Prince William Share Royally Sweet Message Ahead of Games
The Louvre will be renovated and the 'Mona Lisa' will have her own room
New US rules try to make it harder for criminals to launder money by paying cash for homes
Owners of Pulse nightclub, where 49 died in mass shooting, won’t be charged
Marathon Match: Longest US Open match since at least 1970 goes a grueling 5 hours, 35 minutes