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...apprehensive. D. Raj Reddy, a computer scientist at Pittsburgh's Carnegie-Mellon University, fears that universally available microcomputers could turn into formidable weapons. Among other things, says Reddy, sophisticated computers in the wrong hands could begin subverting a society by tampering with people's relationships with their own computers???instructing the other computers to cut off telephone, bank and other services, for example. The danger lies in the fast-expanding computer data banks, with their concentration of information about people and governments, and in the possibility of access to those repositories. Already, computer theft is a growth industry, so much...

Author: /time Magazine | Title: The Age of Miracle Chips | 2/20/1978 | See Source »

Today's capitalist economies undoubtedly benefit from powerful corporations. The sheer size of modern economies and the vast number of skills that must be marshaled to design and produce such products as color-TV sets and computers???to say nothing of space rockets?make any yearning for Adam Smith's world of individual entrepreneurs an exercise in pointless nostalgia...

Author: /time Magazine | Title: Can Capitalism Survive? | 7/14/1975 | See Source »

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