Current:Home > ScamsHow IBM's gamble ushered in the computer age -Elevate Capital Network
How IBM's gamble ushered in the computer age
View
Date:2025-04-12 19:56:20
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! (6)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Five Things To Know About Fracking in Pennsylvania. Are Voters Listening?
- H&R Block and other tax-prep firms shared consumer data with Meta, lawmakers say
- The First Native American Cabinet Secretary Visits the Land of Her Ancestors and Sees Firsthand the Obstacles to Compromise
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Warming Trends: Increasing Heat is Dangerous for Pilgrims, Climate Warnings Painted on Seaweed and Many Plots a Global Forest Make
- Appeals court clears the way for more lawsuits over Johnson's Baby Powder
- There's no whiskey in bottles of Fireball Cinnamon, so customers are suing for fraud
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- For a Climate-Concerned President and a Hostile Senate, One Technology May Provide Common Ground
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Vitamix Flash Deal: Save 44% On a Blender That Functions as a 13-In-1 Machine
- Saying goodbye to Pikachu and Ash, plus how Pokémon changed media forever
- Kourtney Kardashian Has a Rockin' Family Night Out at Travis Barker's Concert After Pregnancy Reveal
- 'We're reborn!' Gazans express joy at returning home to north
- FBI Director Chris Wray defends agents, bureau in hearing before House GOP critics
- To all the econ papers I've loved before
- Friends Actor Paxton Whitehead Dead at 85
Recommendation
Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
America, we have a problem. People aren't feeling engaged with their work
Brody Jenner and Tia Blanco Are Engaged 5 Months After Announcing Pregnancy
H&R Block and other tax-prep firms shared consumer data with Meta, lawmakers say
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
Here’s Why Issa Rae Says Barbie Will Be More Meaningful Than You Think
Treat Williams' Daughter Honors Late Star in Heartbreaking Father's Day Tribute One Week After His Death
The return of Chinese tourism?