Could one imagine what the world would be like today without computers? For one, I would not be typing this paper right now. Computers were actually developed in early history. The first major use for a computer in the U.S. was during the 1890 census. Two men, Herman Hollerith and James Powers, developed a new punched-card system that could automatically read information on cards without human intervention (Chaney 52). This caused many other people to develop computers for various tasks. Each new computer helped to perform a different function and make it easier. Eventually IBM made a computer that could perform various tasks such as: figure out equations, store data, and draw graphics (Chaney 53). From there the computer industry exploded. Now computers have changed many aspects of life.
Computers have had a major effect upon business. One area deals with the advertising industry. It has completely re-arranged the advertising business. Before computers companies used to advertise only on magazines, billboards, and T.V. The internet has spawned a new world for advertising. If anyone has ever been on the Internet; they know that it is a major contributor to this. Instead of companies paying around 1 million dollars to advertise for a 30 second commercial during the Super Bowl;they could just pay a certain amount to be advertised forever on the net. People can also notice the changes of advertising on the T.V., also. Not until the last few years have people noticed that a great deal of the commercials on T.V. are computer-related. These two combined have made the advertising businesses boom. Not only just on the T.V., but also on the net. Another area affected is the stock trading business. Computers have actually hurt the majority of stock brokerage firms. The reason is because computers allow it’s users to have access to the same information the actual brokers have. They can log onto the internet and go to their online firm to download information on stocks. This way they have the knowledge to trade and buy stocks for themselves without paying a certain percent to the broker. People can become a member of online firms such as: Ameritrade, DLJ Direct, SureTrade, and others. Here they can trade for a mere $8-$10 dollars. People also have responded that they feel more comfortable when they have total control of their money ( Maney 45).A final area deals with the actual computer-related companies.