Word: teche
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...those advances are clumsy compared to what's on the way. In the future, according to visionaries, you won't check in at all, or not knowingly: you will simply pass a face-scanning surveillance camera. So why haven't high-tech tools replaced easily faked documents and fallible clerks? "It is a question of standardization," says Joseph Atick, co-founder and ceo of Visionics Corp., a company that has face-recog-?nition systems already on the market. "What good is biometric technology if only one company or one country accepts it?" The International Civil Aviation Organization is taking steps...
David Wookey, vice president and general manager for Northwest Airlines in Asia, thinks it's important to give the customers the option of going high-tech, but "there will always be people who want a paper ticket and a flesh-and-blood check-in person to talk to." He's got a point. When your connection is snowed in and you miss the big meeting, you'll look a bit foolish screaming at a camera...
...course, a few key '80s players never went away. Bottom fisher Sanford Weill, for one, amassed an impressive array of financial companies on the cheap while others were getting tech-obsessed. He is now the head of Citigroup, one of the world's largest banks. Icahn, the '80s raider who shook Texaco and took TWA, has asserted influence in small doses throughout the '90s by buying large amounts of distressed corporate debt, as has former Milken colleague Leon Black at Apollo Advisors...
...move that has been both hailed and decried, the Tampa Bay police department used the occasion of Super Bowl XXXV to conduct a high-tech surveillance experiment on its unsuspecting guests. In total secrecy (but with the full cooperation of the National Football League), the faces of each of the games' 72,000 attendees were scanned and checked against a database of potential troublemakers. The news, first reported in the St. Petersburg Times, raises some urgent questions: is this the end of crime--or the end of privacy...
...most of 2000, once-high-flying telecom equipment maker Lucent Technologies was the poster child for Internet depression. A high-tech AT&T spinoff that, as CEO Henry Schacht went around saying this winter, tried too hard to be a high-speed, high-growth dot-com, Lucent has gone from highly regarded - mentioned in the same bellwether breath as Cisco, Intel and Microsoft - to highly suspect...