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The Rise And Rise Of IBM, Technology Hype, And Fascination With Artificial Intelligence (AI)

12 February, 2018

The Rise And Rise Of IBM, Technology Hype, And Fascination With Artificial Intelligence (AI)

A number of this week’s milestones in the history of technology link the rise of IBM, the introduction of the ENIAC, and the renewed fascination with so-called artificial intelligence.

On February 14, 1924, the Computing-Tabulating-Recording Company (CTR) changed its name to International Business Machines Corporation (IBM). “IBM” was first used for CTR’s subsidiaries in Canada and South America, but after “several years of persuading a slow-moving board of directors,” Thomas and Marva Belden note in The Lengthening Shadow, Thomas J. Watson Sr. succeeded in applying it to the entire company: “International to represent its big aspirations and Business Machines to evade the confines of the office appliance industry.”

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