On Wed, Jun 22, 2016 at 5:15 PM, Chuck Guzis <cclist at sydex.com> wrote:
  You don't understand.  Big iron did multitasking
and multiprogramming,
 but the I/O media was cards, tape and printed output.  Going "online"
 was expensive and slow in terms of equipment. 
There were many people who saw timesharing as a huge waste of
resources, even though the better timesharing systems were actually
quite efficient. (And the timesharing systems often simultaneously ran
batch jobs.)