Business Schools: Man & Machine at Carnegie Tech

As a name, number or statistic, every American is now embedded in the memory of at least one electronic digital computer—the versatile calculator that is rapidly taking charge of everything from taxes to insurance to airline reservations to CIA intelligence. Man's capacity to manage vast organizations is being enlarged enormously by the computer's ability to simulate complex situations, weigh thousands of variables, and produce dependable decisions far faster than the human brain. By forecasting future markets, computers locate gas stations and branch banks in the most profitable places. By controlling runaway inventories, they curb one of the leading...

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