Planet Money

Podbit · Planet Money

We almost had a smartphone in the 90s. Why did it fail?

Explore episode Jun 26, 2026

Where this was said

Building Everything: General Magic's Impossible Ambition

At 10:08 · chapter starts 8:30

Emma Peaslee lays out the full scope of what General Magic was attempting: a portable device from which a user could call people, send faxes, buy things, navigate, and play games. And they were building every single piece of it in-house — operating system, custom chips, devices, network servers, user interface, applications, and a touchscreen — all at once. To staff this moonshot, the founders handpicked the best engineers they knew, creating a kind of rock-star roster. An in-house film crew documented the work; footage survives of a young Tony Fadell hooking up proto-USB connections and Megan Smith testing a touchscreen. Investors including Apple, AT&T, Sony, and Motorola poured in money, awed by what they were seeing even if they couldn't fully understand it. The vibe was euphoric. The magicians, as they called themselves, even kept a live bunny named Bowser in the office.

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