Information Technology in a Global Economy
ENTREPRENEURSHIP IN THE GLOBAL ECONOMY: ENGINE FOR ECONOMIC GROWTH
DAVID SARNOFF AND RCA
Information Technology in Global Economies
INTRODUCTION
Who is David Sarnoff
Entrepreneur
Intrapreneur
How was radio and tv similar to the internet today? ENGINEERS!!!!!
Steve Jobs
Bill Gates
Mark ZucKerberg
WHO IS DAVID SARNOFF?
Immigrant who dropped out of high school to go to work and ended up as the VP for RCA
Created NBC – 12 million daily viewers
Known as the Father of American Television
He was both an ENTREPRENEUR as well as INTRAPRANEUR
Sarnoff’s innovations and ideas brought ideas to people and rapidly spread information – very much like the internet does today
STEVE JOBS
Inventor of Apple
588 million Apple product users with a billion devices
Became a world leader in telecommunications
Vision of “computer for the rest of us”
https://www.cnbc.com/2018/01/17/apple-announces-350-billion-investment-20k-jobs-over-5-years.html
USG incentivizes Apple to move from China supply chain back to US
20 million US jobs
350 BILLION dollars into the US economy
BILL GATES
Founded MS or Microsoft – Competitor to Apple
1.2 billion users
Technically savvy AND business savvy
Investor and philanthropist
Clean water in developing countries
https://news.microsoft.com/about-microsofts-presence-in-china/
20 year history in China
2015 world’s top 10 companies in China
China has the second largest MS presence next to the US
MARK ZUCKERBERG
Facebook – 2.6 billion users monthly
Proponent of technological advances FOR ALL
Privacy rights and Facebook – does not believe in regulation
Wants safe secure messaging
Almost 5 Billion FDI to expand presence in India
Jio Platforms – getting hundreds of millions of people and business online
WhatsApp – SECURITY