Word: computerization
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Your story on automation and unemployment [Dec. 29] unfairly casts the electronic computer as the principal villain. Only a small percentage of computers are involved in the automation of production-the major cause of unemployment. The use of computers in the office, to perform scientific calculations, to keep records and...
The quintessence of automation is the computer, the whirring electronic box that can calculate, memorize, talk back, and-by designing future generations of computers-almost reproduce itself. The first business computers were delivered late in 1954. After several years of expensive trial and embarrassing error, of disappointments and ultimate breakthroughs...
For managers, the computer in 1961 has become something much more than a way to mechanize paperwork. It has begun to solve management problems-to make economic forecasts, plan price strategies, direct production, chart distribution, analyze sales. By supplying management with information that was unavailable a few years ago. it...
The New Leanness. The new, precision-tool sharpness of U.S. business shaped 1961's recession and recovery. Here the computer played two key roles: 1) it made possible more accurate and rapid forecasting of the economy's swings, and 2) it permitted businessmen to adjust their inventories more...
THE HONEYMOON MACHINE. The production-line product at close to its best: a neat little cybernetic comedy in which the bank at a Venice casino is broken by a fellow named MAX (Magnetic Analyzer Computer Synchrotron).