Word: high-tech
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Thanks to high-tech baby-making techniques, women and men will increasingly no longer need to mate in the traditional ways, and Barbara Ehrenreich explores the implications with Swiftian wit. Peter Beinart, editor of the New Republic, says goodbye to politics, predicting that instead religion will become the primary force in shaping society. Nicholas Lemann, author of The Big Test: The Secret History of the American Meritocracy, takes a different tack in answering the question, "Who Will Be the Next Elite?" The answer: not yesterday's Wasp or today's SAT high scorer, but the young entrepreneur...
...year-olds wish. Not when silicon billionaires like Jerry Yang of Yahoo (31 and worth more than $3 billion) have proved that the traditional interval between a boy's first shave and his first million need not be much of an interval at all. All over the nation's high-tech landscape, people are retiring within years of taking their first legal sip of alcohol. Soon they'll be retiring before driving age. This won't be a problem for them, however, because they'll be able to afford chauffeurs...
...spending, and that could send us into a recession." While the Dow Jones dropped slightly on news of Greenspan's report, the tech-heavy NASDAQ saw steady gains throughout the morning and early afternoon - a trend at the heart of a problem for the Fed chairman. "These days the high-tech companies seem immune to interest rate hikes," notes Baumohl. "It makes it more difficult for the Fed to rein in consumer spending, because consumers are buoyant and enthusiastic because they're watching their wealth grow." But real wealth, as Greenspan knows, isn't paper stock market profits...
...calling someone and hanging up constantly so they can never get a real phone call." And while this relatively simple method of attack has been around for years, Quittner adds, the sheer breadth of the Yahoo assault could suggest a new, if belated, sophistication in the world of high-tech vandalism. The Yahoo case wasn't technically hacking, since the attack was carried out without the perpetrators' actually forcing their way into the Yahoo system...
...parts and keep track of maintenance records. The home-computer scheme burnishes the corporation's forward-looking image by investing in the quality of life of its employees - the sort of p.r. spin that helped build GM's Saturn as a viable brand name in the '90s. Improving the high-tech skills of the workforce also reflects the needs of an increasingly digitized production process, while connecting all its employees to the Internet allows the company to contemplate online training initiatives (Ford promises not to peek into the employees' Internet and e-mail traffic...