Official Journal of the Neurootological and Equilibriometric Society
Official Journal of the Brazil Federal District Otorhinolaryngologist Society
ISSN: 0946-5448
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Computers are a fact of life. Bill Gates believes that their impact on society is only just beginning. Alan Greenspan, Chairman of the U.S. Federal Reserve Board, thinks that their potential impact is overrated, though he attributes the low rate of inflation to the effect of the computer in lowering costs. Just as was the case with the typewriter, the new technology of computers was 20 years or more in making a major impact on the economy. Only now are word processors significantly reducing the need for secretarial help. In particular, the computer has had a major beneficial effect in the financial world for two reasons. First, the financial arena is a numerate environment and, second, it is a very large and wealthy environment with plenty of capital to invest in new technology.
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