Word: high-tech
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...flawed. "When we predict long-term price declines, we assume design stability," he said. In reality, the cost of high-tech systems invariably skyrockets because of unrealistic initial estimates, obsessive design changes and erratic production rates. "Our plans have got to take into account that instability...
With their splashes of strong color and rectilinear features, they look like the canvases of a painter. In fact, the pictures are a new form of art, of the high-tech kind. Photographed from 440 miles out in space, they are views of the earth by the U.S.'s newest and most versatile earth-observing satellite, a multieyed robot called Landsat 4. Launched last July, it has been faithfully circling the globe, swinging from pole to pole and back again once every 98.9 minutes, taking electronic shots of every spot on the planet, except a small region around...
...called LineX espionage, the theft of high-level technology (see box). Says former CIA Director Richard Helms: "Under Andropov, the Soviet Union has refined and expanded its intelligence targets. The new focus is on technology." Last October, officials of COCOM, the NATO committee overseeing East-West technology transfers, estimated that more than 20,000 Soviet and East bloc agents are now at work pilfering the latest Western gadgetry, and have whittled down the West's overall technological lead from ten years to about two. Prime American targets are the East Coast's high-tech corridor stretching from Boston to Baltimore...
Downtown, new office towers rise in curvilinear splendor. On the West Side, the first of a series of high-tech parks has opened, with two genetic-technology firms as the first tenants. Plans for the 1992 World's Fair are under way. Indeed, a local business publication predicts a spirited upturn this year and says the long-term future looks even brighter. Still, in the other part of Chicago, the old world of smokestacks and stockyards, the recession dominates. The city has lost 160,000 jobs in the past decade, mostly in manufacturing. The steel mills that rim Lake...
...largest employer, is 55% defense related. Boeing and Beech reportedly plan to hire 8,000 more employees over the next few years. Unlike many other Midwest cities, Wichita may need no major economic retooling. Says Jerry Mallot, a Chamber of Commerce official: "Much of our industry is in the high-tech area. We don't produce steel or autos. We have the products of the future." -By Maureen Dowd. Reported by Barbara B. Dolan/Detroit and J. Madeline Nash/Chicago