Word: computerization
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Businessmen, scientists and engineers from 27 nations gathered in Chicago last week to see a new breed of U.S.-produced machines, so wondrously gifted and versatile that they hold the promise of a new industrial revolution. In Chicago's huge, hot International Amphitheatre and Navy Pier, the visitors excitedly...
The key to the new revolution is "numerical control." The new machine needs an operator to show it only once how to do an intricate job. In the process its computer brain jots down symbolic numerical notes, thereafter can work automatically from "memory"-or learn a new task just as...
Computer Gives Up. There, late one night four weeks ago. Dr. Linsley was studying a pile of computer reports from Kirtland. He came to the Dec. 3 shower. The report started like many others, but toward the end the computer wrote in effect: "I give up." Linsley said to his...
Next morning the shower caught by Record No. 026508 went back to the Kirtland computer for a special full-dress analysis. Next day Dr. Linsley got the exciting news. The shower peppered the ground with io billion particles, and when it hit the atmosphere, it carried 20 to 40 billion...
Some 60% of all mergers are, like Consolidated's, still within the same basic industry. But there is a growing trend toward going outside, buying new products, or new management or scientific brains, by taking over small companies. Instead of starting from scratch to set up a new computer...