From: John Conover <john@email.johncon.com>
Subject: forwarded message from educom@elanor.oit.unc.edu
Date: Fri, 29 Sep 1995 01:22:18 -0700
"BABBAGE COMPUTER ON THE BLOCK" is kind of neat. They are auctioning off one of Babbage's machines. I would buy it. Be nice in the ante room of a computer company. If you will remember, in Remington Rand, vs. IBM, concerning the patent on the basic concept and architecture of the electronic computer in the 60's, that RR lost because of the Babbage computer, as presented in testimony by a friend of the court, which had all of the functionality of the RR machine-only relabeled. The "store" is what we call memory, and the "mill" is what we call cpu, etc. The Babbage machine was designed in 1832-1837 in England. It was the first of Babbage's contributions. The other was Operations Research, which he published in 1838-and is still the way we run a company. It described the concept of the modern organization, run through P&L and cost centers-he invented corporate P&L, and made a lot of jobs for accountants. He was the world's first CFO. Strangely, John Von Neuman's career paralleled Babbages. Von Neuman reinvented the computer, based on Turing's theoretical work, and implemented with electronics, instead of the mechanical version of Babbage. He, and Morganstern, then wrote the book on modern economic theory, which lended optimization, (game theoretic,) and utility theory to Babbage's concepts. John -- John Conover, john@email.johncon.com, http://www.johncon.com/