Recapturing the Spirit of Enterprise

By George Gilder | Go to book overview
Save to active project


In the 1990s, Wayne Copeland's dream of a world economy transformed by the power of microelectronics is coming true. Over the course of the decade, the telephone industry will move from wires to the air and link together a global system of digital pocket computers, optimized for speech recognition, electronic and voice mail, financial transactions, and automobile navigation aids, as well as provide the usual phone services. As mobile as a watch and as personal as a wallet, digital cellular phones will become "palmtop computers" and will be the only computers carried by the average person. Meanwhile, the computer industry will go "on line" and supplant the television set with a telecomputer. Designed for video processing and teleconferencing and as easy to use and far-reaching in its connections as the telephone is today, this machine in various forms will become the central education, entertainment, and communications server for every home and office.

Driving this technological transformation will be a near- millionfold rise in the cost-effectiveness of computing hardware. By the early years of the next century, supercomputing powers that now cost scores of millions of dollars to achieve will be found in appliances purchasable for a few hundred. The most important technological force in the world economy today, this digital advance will alter every industry, from automobiles and air transport to healthcare, entertainment, and defense.

This transformation will require huge capital outlays and will yield vast returns. The entrepreneurs and inventors who are


Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Cite this page

Cited page

Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited page

Bookmark this page
Recapturing the Spirit of Enterprise


Text size Smaller Larger
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen
/ 342

matching results for page

Cited passage

Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?