Word: digitales
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That Digital Revolution is now transforming the end of this century the way the Industrial Revolution transformed the end of the last one. Today, millions of transistors, each costing far less than a staple, can be etched on wafers of silicon. On these microchips, all the world's information and...
Like his fellow wealth builders of the digital age, Grove's mission is his product, and he shuns the philosophical mantle and higher callings often adopted by titans of an earlier era. Ask him to ruminate on issues like the role of technology in our society, and his pixie face...
These traits have allowed Grove to push with paranoiac obsession the bounds of innovation and to build Intel, which makes nearly 90% of the planet's PC microprocessors, into a company worth $115 billion (more than IBM), with $5.1 billion in annual profits (seventh most profitable in the world) and...
--It decentralizes power. As the transistor was being invented, George Orwell, in his book 1984, was making one of the worst predictions in a century filled with them: that technology would be a centralizing, totalitarian influence. Instead, technology became a force for democracy and individual empowerment. The Internet allows anyone...
Economists point out that the Digital Revolution has not yet been reflected in productivity statistics. The annual growth of nonfarm productivity during the 1980s and 1990s has averaged about 1%, in contrast to almost 3% in the 1960s. But that may be changing. During the past year, productivity grew about...