Current:Home > InvestHow IBM's gamble ushered in the computer age -Blueprint Wealth Network
How IBM's gamble ushered in the computer age
View
Date:2025-04-12 01:47:41
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! (66)
Related
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- A ballet dancer from Los Angeles is being detained in Russia on treason charges. Here's what to know.
- Remains found over 50 years ago identified through DNA technology as Oregon teen
- This Is Your Last Chance To Save an Extra 30% off Michael Kors’ Sale Section, Full of Dreamy Bags & More
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Senate calls on Pentagon watchdog to investigate handling of abuse allegations against Army doctor
- Dolly Parton Proves She’ll Always Love Beyoncé With Message on Her Milestone
- A Kansas county shredded old ballots as the law required, but the sheriff wanted to save them
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Houthi missile hits ship in Gulf of Aden as Yemeni rebels continue attacks over Israel-Hamas war
Ranking
- 2 killed, 3 injured in shooting at makeshift club in Houston
- The Science of IVF: What to know about Alabama's 'extrauterine children' ruling
- Kate Spade Outlet’s Surprise Day Deals Are Colorful & Plentiful, with Chic Bags Starting at $59
- '(Expletive) bum': Knicks' Jalen Brunson heckled by own father during NBA 3-point contest
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- The Excerpt podcast: Can Beyoncé convince country music she belongs?
- Hydeia Broadbent, HIV/AIDS activist who raised awareness on tv at young age, dies at 39
- Join a Senegalese teen on a harrowing journey in this Oscar-nominated film
Recommendation
This was the average Social Security benefit in 2004, and here's what it is now
Why King Charles has been 'reduced to tears' following cancer diagnosis
Jeff Bezos completes 50 million Amazon share sale, nets $8.5 billion
Dolly Parton praises Beyoncé for No.1 spot on country music chart
McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
Tiger Woods’ son shoots 86 in pre-qualifier for PGA Tour event
NBC replacing Jac Collinsworth as Notre Dame football play-by-play voice, per report
Wendy Williams' guardian files lawsuit against Lifetime's parent company ahead of documentary