ICOS Presents:

"Structuring the Information Age: Life Insurance and Technology in the Twentieth Century"

Professor JoAnne Yates

Massachusetts Institute of Technology (MIT), Sloan School of Management, Behavioral Policy Science

January 6, 2006

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Accompanying Slides - Start time given in (HH:MM:SS) Back to the ICOS Home Page

Introduction (00:00:00)

Title Slide (00:02:30)

Structuring the Information Age (00:04:58)

Focus and Approach (00:05:13)

Focus and Approach (cont) (00:07:23)

Agenda (00:08:59)

Agenda (00:09:44)

Insurance and Information Technology (00:09:48)

Photo 1 (00:11:31)

Insurance and Information Technology (00:12:12)

Photo 2 (00:15:01)

Photo 3 (00:15:15)

IBM 604 (00:15:18)

Insurance and Information Technology (00:15:48)

Advances in computing around WWII (00:17:30)

Photo 1 (00:18:34)

Photo 2 (00:18:54)

Photo 3 (00:19:37)

Advances in computing around WWII (00:20:44)

Photo 1 (00:21:59)

Photo 2 (00:22:15)

Early interest in computing: Who and how? (00:23:44)

Photo 2 (00:34:08)

Early interest in computing: Who and how? (00:35:01)

Agenda (00:36:06)

Embracing new technology: Univac (00:36:24)

Photo 1 (00:37:36)

Photo 2 (00:38:13)

Initial Univac use: Two models (00:38:39)

Radical use: Transformative applications (00:46:58)

Clinging to familiar technology: the IBM 650 (00:47:43)

Photo 1 (00:54:32)

Photo 2 (00:54:45)

Clinging to familiar technology: the IBM 650 (00:55:46)

Incremental use of IBM 650 (00:57:05)

Taking a middle path: IBM 702 and 705 (00:59:49)

Incremental migration dominated early insurance adoption & use of computers (01:03:29)

IBM supported customers in continued incremental migration (01:04:22)

Agenda (01:07:25)

Most firms did not see benefit in cost ratios until the late 1970s (01:07:29)

Firms adopting 650s fared slightly better than those starting with Univacs (01:09:01)

Incremental Univac users had higher than average costs (01:09:48)

Transformative Univac users had mixed results (01:10:16)

IBM 700 series users experienced relatively average costs (01:13:16)

Influence on computer industry (01:13:21)

Implications (01:15:25)

Agenda (01:18:13)

Implications for study of technological innovation (01:18:21)

Implications for the study of organizations (01:19:37)

Questions (01:21:47)

Presentation of Tile (01:23:45)

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