Word: forecasters
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...there is a growing suspicion in global financial circles that the dollar may be at its peak and poised for at least a slight decline. While the Federal Reserve is trying hard to slow the U.S. economy, growth is picking up in other parts of the world. Output is forecast to rise about 3% this year in "Euroland" (the 11 nations that use the euro as a trading currency). Japan is crawling out of recession, and though growth there is feeble, it has still been enough to hold the yen steady against the dollar. Europeans point out too that there...
...founded Intel with Bob Noyce--Gordon Moore published an article in Electronics magazine that turned out to be uncannily prophetic. Moore wrote that the number of circuits on a silicon chip would keep doubling every year. He later revised this to every 18 to 24 months, a forecast that has held up remarkably well over several decades and countless product cycles. How will it hold up in the future? TIME's Chris Taylor put the question to the man behind Moore...
Finally, I'd pay extra for an onboard supercomputer able to sense a parking spot 10 blocks away and beam an electronic force field there to save it until I arrived. Whoops, this just in: experts now forecast that by the year 2025 there won't be any parking spots. Drat! There goes the age-old dream of a handheld, Star Wars-based, in-car parking-meter jamming device...
...alone. A third of the people questioned in a recent study by N.F.O. Interactive admitted to spending at least 25 min. during the workday using the Net for personal pursuits. But after a while it gets dull checking the five-day forecast on weather.com or hoping some news will break on CNN.com to liven up your mundane Monday. So if you need a quick fix that won't get you fired because it takes all day, here are a few sure bets...
...Peters' forecast of an online, Web-based, white-collar workplace [VISIONS 21, May 22] was very chilling indeed. His feverish embrace of extreme individuality, free-market pursuit and constant self-improvement completely drowns out any inclination for people to think about others who are less fortunate. There is no real community, no downtime, no nurturing of the soul in Peters' business model--just workers hunched over a monitor, constantly "improving" themselves for the next level of business. Will embracing technology automatically make you a queen bee--or will you still be a drone? WILLIAM T. LAYHER Somerville, Mass...