Both Burroughs/Unisys and IBM had same idea about future of computing in the late 70's and then went to build AS/400 and Burroughs large systems, which are both

Both Burroughs/Unisys and IBM had same idea about future of computing in the late 70's and then went to build AS/400 and Burroughs large systems, which are both based on kernel-space JIT compiled "bytecode" (with significant difference in granularity of the thing that gets compiled on first use and how the compilation results are cached, which for IBM i5/OS essentially means that it is on-demand AOT compiler), which is the reason that these systems are currently based on commodity hardware (ie. Power and Xeon).