Word: computerizes
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Dates: during 1970-1970
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(5 of 11) Wall Street firms could always lay off their clerks. But how do you lay off a computer?"
Some experts envisage the cassette explosion as only one phase of an upheaval in education, home entertainment and communications. The performing arts might become economic for the first time. McLuhan and Paul Klein, NBC's ratings vice president and philosopher of the future (TIME, May 25), foresee a decline...
The kids in beads, tank tops and bells have been complaining for some time now that the square world has taken over their thing and commercialized it. Films about the revolutionary young are pouring out of major Hollywood studios, while record companies, publishers and the fashion trade are also cashing...
Because productivity has risen only 9% since 1965 while hourly pay and benefits have climbed 25%, automakers insist that sometimes they can make a satisfactory profit only by shifting operations overseas. Ford and Chrysler will manufacture engines and transmissions in Europe for their new small cars, then import the parts...
Unbelievably Successful. The system still has its own gaps. For example, a motorist who refuses or is unable to follow the pacer lights can frustrate the computer, which tries frantically to backtrack and pick up his car again. A second phase of the testing will involve a less complex arrangement...