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More Inequality: An Exploration of Potential Impacts of EFT on Stratification in American Society

  • Starr Roxanne Hiltz
  • Murray Turoff
Part of the Applications of Modern Technology in Business book series (AMTB)

Abstract

New technologies such as EFT systems and related computer-communications systems are commonly thought of simply as more efficient (faster and/or cheaper) means of accomplishing existing tasks. However, to use some analogies, the automobile was not simply a more efficient horse; the space shuttle is not simply a faster blimp. Rather, these represent potentially ‘‘revolutionary” technologies which will probably lead individuals to doing new kinds of things: taking trips they would never have made with old technologies (such as a daily 50–100 mile commutation, not to mention trips to the Moon or Mars), or engaging in communications for purposes which simply would not have occurred with previous technologies.

Keywords

Financial Institution Credit Card Financial Service Child Support Life Insurance 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Plenum Press, New York 1980

Authors and Affiliations

  • Starr Roxanne Hiltz
    • 1
  • Murray Turoff
    • 2
  1. 1.Upsala CollegeEast OrangeUSA
  2. 2.New Jersey Institute of TechnologyNewarkUSA

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