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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2135 |
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High unemployment and pressure on wages may characterize this entire business cycle, and therefore lead to even more outsourcing.
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*In 1968, Gordon Moore created a theory, which came to be known as Moore's Law, that stated the capacity of technology would double every 18 months, and the cost would be cut in half every three years...
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This is shown to be true through the amount of time it took to achieve penetration rates of 25% in U.S. homes on various products; it took 35 years for the telephone, 26 years for television, 16 years for personal computers, and seven years for the internet. However, at a conference in 2002, Bill Gates stated that we can now expect the capacity of technology to double every nine months instead of 18...
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