Word: siliconized
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...enforcement officers and computer experts say that the MAPS caper was typical of the kind of embezzlement that computers make possible. Transactions that once required several signatures on a piece of paper are now carried out instantly by the use of silicon microchips. With modern communications networks, money can be sent in a moment to a bank branch in the next county or in the next country. For example, the transfer of $7.9 billion last month from American banks to the Bank of England as part of the deal to free the American hostages in Iran took less than...
...wealthy entrepreneur had made a fortune in the electronics businesses of Northern California's "Silicon Valley." In his mid-40s, possessing a proven record of management, he seemed the very model of a Reagan top appointee. As he sat in the drab Washington office of E. Pendleton James, the President-elect's personnel director, visions of the sub-Cabinet danced in his head...
...mining machinery. By 1975, for the first time in history, manufacturing added more to the area's economy than ei ther agriculture or mining, and that lead is widening. Electronics firms head the rush; many have picked up their chips and headed east from California's Silicon Valley. Though Denver still draws the energy companies, lots of the newest arrivals are moving into Salt Lake City, Boise, Tucson and Albuquerque. In four years Hewlett-Packard has built a four-building plant employing 2,800 people in Boise, joining longtime residents Boise Cascade (34,000 workers) and Morrison-Knudsen...
Finally the boys decided they had outfoxed the silicon chips. "I got you, you stupid chicken," one sang. But, by means fair or foul, the bird went into its victory dance anyway. "Motherfucking chicken," one kid muttered as he stalked away.CrimsonAnthea Letsou...
...technological, the development in the mid-'60s of the microprocessor, a computer so small that it can be fitted onto a silicon chip no bigger than a pea. As the computer shrank in size and cost, it suddenly became practical as the brains to run a robot. The second development was wage inflation. Two decades ago, a typical assembly-line robot cost about $25,000; that, plus all operating costs over its eight-year lifetime, amounted to about $4.20 an hour, slightly more than the average factory worker's wages and fringe benefits. Today that typical robot costs...