Current：Home > FinanceHow IBM's gamble ushered in the computer age -ProgressCapital
How IBM's gamble ushered in the computer age
View
Date：2025-04-19 06:05:48
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！ (95837)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Justin Herbert injury concerns could zap Chargers' season, but Jim Harbaugh stays cool
- Ruling: Fetus can be referred to as ‘unborn human being’ in Arizona abortion measure voter pamphlet
- Georgia officials say Kennedy, 2 others have signatures for presidential ballot as disputes remain
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- Tropical Storm Ernesto on path to become a hurricane by early Wednesday
- Taylor Swift's ex, Conor Kennedy, gets engaged after 'dream'-like proposal
- The Secret Lives of Mormon Wives Cast: Meet the #MomTok Influencers Rocked by Sex Scandal
- Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
- More than 2,300 pounds of meth is found hidden in celery at Georgia farmers market
Ranking
- Elon Musk’s Daughter Vivian Calls Him “Absolutely Pathetic” and a “Serial Adulterer”
- Tyra Banks Teases New Life-Size Sequel With Lindsay Lohan
- 'Massive' search for convicted murderer who escaped on way to North Carolina hospital
- House Democrats dig in amid ongoing fight in Congress over compensation for US radiation victims
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- West Virginia senator removed as committee chair after indecent exposure charges
- New York Yankees star Juan Soto hits 3 home runs in a game for first time
- Toyota recall aims to replace every engine in 100,000 Tundra pickups and Lexus SUVs
Recommendation
NCAA President Charlie Baker would be 'shocked' if women's tournament revenue units isn't passed
Here's why all your streaming services cost a small fortune now
UCLA can’t allow protesters to block Jewish students from campus, judge rules
Ohio officer indicted in 2023 shooting death of pregnant woman near Columbus: What we know
Report: Lauri Markkanen signs 5-year, $238 million extension with Utah Jazz
Vikings QB McCarthy needs surgery on meniscus tear in right knee, a big setback in rookie’s progress
Mayor of Columbus, Ohio, says ransomware attackers stole corrupted, unusable data
Maine regulators reject utility proposal to report suspected marijuana grow operations to police