FC NOW: The Fast Company Weblog
December 28, 2005
Rest in PC
John Diebold, a long-time promoter and supporter of computers, died Monday. His 1952 book Automation presaged many modern-day developments in productivity tools, and his firm developed one of the first banking networks in 1961.
Notable quote from the obituary: "Many of his most ambitious proposals seems to lead nowhere, but they often planted ideas that came to fruition years or even decades later." A man before his time, gone before his time. Rest in peace, Mr. Diebold.
Posted by Heath Row at December 28, 2005 5:47 PM | Category: news + current events |
1 Comment
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It is a sad news.But the time of computers and computerisation will alone not solve the banking problems.It may make banking easy,but with the growth of antisocial elements,advancement of negative technology too at the same time time has come to evalute and analyse banking from security point of view which is getting more vulnerable with net banking.Fraud by fraudsters and intelligent hackers are separate challenges.Also needed is how much banks can earmark on development of uptodate technology and cope up with the technology risk.