The Computer Society: Business: Thinking Small

Little whizzes raise the specter of buggy whips

No one took to the computer more eagerly or saw its usefulness more quickly than the businessman. Now, 24 years after General Electric became the first company to acquire a computer, these versatile machines have become the galley slaves of capitalism. Without them, the nation's banks would be buried under the blizzard of 35 billion checks that rain down on them annually, and economists trying to project the growth of the nation's $2 trillion economy might as well use Ouija boards. In the airline industry, computers...

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