People think that the use of computers started in the 1980s or 1990s, however, computers have existed since the 1940s and their applications have only become better over time. How did they improve our lives? Computers have gone through several changes throughout time. The first large scale computer was built in 1946 by John von Neumann at the Institute for Advanced Study. In 1955, IBM released its first commercially successful programmable calculator. And in 1965, MIT created the first microprocessor. Since then, they’ve grown exponentially in power and capability while becoming smaller and less expensive. Today, almost every aspect of modern life relies upon the use of computers, and new technologies continue being developed and applied to meet unmet needs. Let’s see in the article below how the use of computers changed the way we are living today.
The first use of autopilot on a commercial aeroplane is dated as far back as 1960. The concept of autopilot was first used by NASA and Boeing engineers back in 1903 even though it didn’t work well. This concept has been improved so much over these years called Global Navigation Satellite Systems (GNSS). It can give instructions on what direction to steer the aircraft based on where it wants to go. There were many other uses of autopilot dating long before GPS systems such as anti-skid braking systems, altitude hold, etc. One thing to remember about autopilot is that pilots still need to be trained to properly use these types of machines because some things may not have been anticipated by engineers
Stock Market trading:
The introduction of stock market trading is also dated back to the 1970s when microprocessors became more powerful allowing for the hardware foundation of electronic trading platforms. Microprocessors allowed for faster execution times and higher trade volumes. High-frequency traders who sell stocks with a milliseconds advantage often manipulating prices will always remain an element of the financial industry.
In 1971 the U.S. dollar began backed by gold giving the United States money stability and safety. Over time the central banks would buy government bonds which helped create money out of thin air. Banks offered loans creating wealth, but failed due to a lack of interest from people. Many countries around the world have turned into big debt nations resulting in poverty and poor education. Banks continued to increase the amount of credit available causing a huge bubble, one that burst in 2008.
In June 2015, the Central Bank Of Canada launched its digital currency called “CannabisCoin” designed to make cannabis purchases easier and safer. What makes this different from any other form of cryptocurrency is that the country itself is making the currency. Users will be able to purchase products within legal marijuana dispensaries.
In conclusion, as you can see our lives have become dependent on technology. With dependence comes having full confidence if something goes wrong. People have been very concerned about cryptocurrencies at the moment because of their volatility under regulatory agencies. The use of computers has also made it easy for people