Slide 37 of 66
Notes:
Jay Forrester was appointed director of SAGE in 1950.
Within a few years his royalties from the invention of ferrite core memory made him very wealthy.
He resigned his position with SAGE in 1956 and left Lincoln Laboratories.
He moved his faculty position to the Sloan School of Management where he began to apply computers to the modeling of social systems, inventing the field of Systems Dynamics.
He still lectures at MIT.