Word: seidenberg
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...young people, we must simultaneously insist upon the preservation the our more classic literary forms. After all, perhaps there is less cause for alarm than a few among us might suggest; perhaps the duel for the hearts and minds of students is not quite a zero-sum game. Mark Seidenberg, a reading researcher at the University of Wisconsin, said it best: “I actually think reading is pretty great and can compete with video games easily.” In the end, our only choice is to have faith in Seidenberg’s prediction, and in books?...
...Ivan Seidenberg...
Last year Seidenberg made $8.5 million in salary and bonus. Letters that spooled from the fax in his office at Bell Atlantic generally addressed him as "Dear Vice Chairman." For the past half decade, Seidenberg, 51, has been working to make that copper sing and dance with stuff no one could have dreamed of in 1966--video, for instance, or 3-D Web pages. He is also making that copper work closely with its successor: hair-thin fiber-optic cables that offer vastly expanded speed and capacity--which translates to consumer value and, he hopes, corporate profit. Seidenberg, who oversaw...
That should be good for consumer service and savings. Even Bell Atlantic's Seidenberg has said, to FORTUNE magazine, that he foresees a world where, rather than pay for phone calls by the minute, "people will in effect just pay a subscription rate to have access to a network." And while all-you-can-talk (or watch, or surf) lines could be a dream for consumers, they will be a nightmare for the mega-Bells, which must add new subscribers faster than they lose revenue to new competitors and pricing pressures. Some firms, like AT&T, hope to find lucre...
...surely a new world, and the signs are not just global. Even those old New York manholes where Seidenberg spent his youth are changing. Once threaded with a few Bell Atlantic cables, they are now knitted by dozens of other "local loops" from competing firms--proof that at the end of the day, there may be only one set of guys who are guaranteed to profit in this new telecom world: the cable splicers...