Word: superhighway
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This is the vision that has the best minds from Madison Avenue to Silicon Valley scrambling for position at the starting gate. The telephone companies, with their switching networks already in place, want to build the superhighway and control what travels over it. The cable-TV companies, with their coaxial systems, think they should own the right-of-way. Computer companies such as IBM, Hewlett-Packard and Sun want to build the huge file servers that will act as video and information libraries. Such software companies as Microsoft and Apple want to build the operating systems that will serve...
During the 1992 presidential campaign, Clinton and Gore made building a "data superhighway" a centerpiece of their program to revitalize the U.S. economy, comparing it with the government's role in creating the interstate highway system in the 1950s. The budget proposal the Administration submitted in February includes nearly $5 billion over the next four years to develop new software and equipment for the information highway...
...Denver setup reveals the weakness behind a lot of the information- superhighway hype: for all their posturing, neither the phone companies nor the cable-TV operators are quite ready to build a fully interactive and automated data highway that stretches from coast to coast. But thanks to a number of technical innovations, they are getting awfully close...
...same time, the Federal Government, spurred by Gore, leased some of these lines to give scientists a high-speed data link to supercomputers funded by the National Science Foundation. These two networks, private and public, carry the bulk of the country's telephone and data traffic. In the superhighway system of the future, they are the interstate turnpikes...
...still controversial, note, Clinton unveiled a program to invest $17 billion of federal money over the next five years in civilian high- tech projects. Much of the cash would be diverted from military applications to development of such efforts as a car running on "clean" fuel and an "information superhighway" linking computers...