Word: digitalizing
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...Computer Literacy Handbook, a book-length version of the San Francisco course, computer programs are likened to cookbook recipes, data flows from a buffer like water from a bathtub, and bits and bytes are pictured as shoe boxes full of tiny babies who sit to represent the binary digit 0 and stand to represent the digit...
...Baby Boomers' great expectations have been diminished by a series of rude social and economic shocks, from the Viet Nam War to double-digit inflation. Although the sheer size of the generation provided a sense of solidarity and power, it ultimately proved to be the Baby Boomers' bane. There were simply too many of them to maintain in the style to which millions became accustomed as affluent children of the '50s and '60s. Egalitarianism might have been the avowed ethic of their youth, but competition was, and still is, the harsh reality. Many bravely refuse to admit...
...early 1980s, most IRA money poured into banks and savings and loan associations because interest rates were going into outer space. But one- year certificates of deposit, which earned a handsome 15% or more in 1981, now bring savers only 8% or so. Result: many consumers, suffering from single- digit shock, have started moving their IRA accounts to Wall Street in search of better yields. IRAs invested in stocks typically earned a 26% return last year. "We're clobbering the banks. It looks like the tables have turned," boasts Gary Strum, first vice president in charge of pension services...
...reason for the sudden upsurge in business was no mystery: Home Federal was offering 30-year mortgages at a fixed interest rate of 9 3/4%. It is one of many banks and lending institutions across the U.S. that are giving out single-digit fixed-rate mortgages for the first time since 1978. The national average rate on 30-year loans has dropped to 10.2%, from 13.1% a year...
...opposite direction. Dollar Rent a Car announced last week that it will put 6,000 phone-equipped cars on the road by May. Dollar hopes to attract business with a new phone service called Pathfinder. When driving in unfamiliar places, customers will be able to dial a single digit and reach a Dollar operator, who will consult a battery of maps and give directions. Budget Rent a Car will soon equip a fleet of 1,500 autos with portable phones that can be operated outside the car and are small enough to fit inside a customer's briefcase...