Word: processing
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Dates: during 1990-1999
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...curious way, hunting simulators may ultimately benefit kids who are increasingly confronted with the blurring of reality and virtual reality. "This generation of children is developing the skills to distinguish between virtual experiences and physical ones," she says. "I see these hunting games as part of that process--and that's a good thing." For everyone, that is, but the virtual deer...
...century was, as Luce also said, the American Century, it was largely because our system, espousing freedom of markets and freedom of the individual, rewarding talent instead of class and pedigree, bred a group of leaders whose single-minded fixation on getting rich--and creating great products in the process--led to unheard-of levels of productivity and prosperity. It was America's industrial might that enabled it to win wars and rebuild continents. Other countries may have had the capital, the natural resources or the skilled workers needed to industrialize, but their economic and political systems usually favored consensus...
...your eggs into one basket," Carnegie once advised, "and then watch that basket." For him that basket brimmed with steel. Fiercely competitive, obsessed with innovation and efficiency--he would unhesitatingly scrap a relatively new plant to erect a more modern one--Carnegie imported the Bessemer forced-air steel process to America. Such innovation permitted him to reduce the price of rails--the product that initially drove the industry--from $160 a ton in 1875 to $17 by 1900. His steel furnished the sinews of America's burgeoning towns and factories...
Ford's great strength was the manufacturing process--not invention. Long before he started a car company, he was an inveterate tinkerer, known for picking up loose scraps of metal and wire and turning them into machines. He'd been putting cars together since 1891. Although by no means the first popular automobile, the Model T showed the world just how innovative Ford was at combining technology and markets...
...could build fast because he had broken down the construction process into 27 operations, then mustered specialized teams to repeat each operation at each building site. Twenty acres were set aside as an assembly point, where cement was mixed and lumber cut. Trucks would deliver parts and material to homesites placed at 60-ft. intervals. Then the carpenters, tilers, painters and roofers arrived, each in his turn. There was a team for white paint, another for red. One worker's sole daily task was to bolt washing machines to floors...