Information Technology in a Global Economy

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DavidSarnoff.pptx

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

https://thewire.in/business/facebook-to-buy-9-9-in-jio-for-5-7-billion-in-largest-tech-fdi-for-minority-stake

Almost 5 Billion FDI to expand presence in India

Jio Platforms – getting hundreds of millions of people and business online

WhatsApp – SECURITY