How IBM's gamble ushered in the computer age

2024-12-26 11:51:18 source:lotradecoin integration with payment systems category:Scams

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.

More:Scams

Recommend

'September 5' depicts shocking day when terrorism arrived at the Olympics

On Sept. 5, 1972, Munich's Summer Olympics morphed in a gut-wrenching instant from the world's bigge

BP Pledges to Cut Oil and Gas Production 40 Percent by 2030, but Some Questions Remain

Energy giant BP says it will cut its fossil fuel production significantly over the next decade, mark

How Buying A Home Became A Key Way To Build Wealth In America

High mortgage rates and a low supply of homes for sale has made homeownership feel out of reach for