Word: microchip
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Behind the slowdown lie aggressive steps by several states including Maryland, Oregon and Florida to contain medical costs. Many private companies are taking their own measures. Typical is Intel, the microchip manufacturer, which suffered 20% annual increases in health-insurance premiums until the introduction of a managed-care program in 1990 that covers 20,000 U.S. employees. Now costs are edging up only 5% a year...
...Order, the shadowy British syntho-dance band, has always reveled in its contradictions. By melding the nihilistic mettle of punk with microchip magic and a populist disco beat, it has sold millions of records without losing its elitist mystique. Progressive dance-floor hits like 1983's Blue Monday made it possible to be cool while working up a sweat and anticipated the techno- industrial revolution, paving the way for groundbreaking groups such as Happy Mondays and Jesus Jones...
...film could be more personal to him than this one. With its next- generation effects and its age-old story line, this is a movie whose subject is its process, a movie about all the complexities of fabricating entertainment in the microchip age. It's a movie in love with technology (as Spielberg is), yet afraid of being carried away by it (as he is). The film even has a resident conscience, chaos theoretician Ian Malcolm (Jeff Goldblum), who insists that what God has put asunder, no man should join together...
...expect the occasional tiffs over Chablis and microchip exports -- which occasionally punctuated the relatively laid-back approach to trade during the Bush and Reagan years -- to be settled quite so amicably in the future. President Clinton has, like many moderate Democrats, publicly straddled the trade-off between creating export jobs at home and subjecting U.S. workers to increasing competition from abroad. His speeches gently emphasize the goal of free trade one day, while sounding off against "unfair" competition the next. But behind closed doors, a tough new policy is emerging, and Kantor is primed to play...
...mighty have fallen. While most of the industry is enjoying a renaissance, the world's largest computer company is being overwhelmed by an array of problems in one market after another. Its mainframe business, the core of the company, is being undermined by microchip miracles that make today's low-cost desktops as powerful as yesterday's closetfuls. Its lead in personal computers has evaporated. Its supremacy in computer chips is a mere memory. In software, upstart companies that didn't exist a little more than a decade ago are running rings around the 78-year-old behemoth. And even...