Observers wondered whether the computer revolution

...p perhaps only five percent of the whole baby-boom generation. The transition from Yippies to yuppies was exaggerated. Observers overestimated both the idealism of the 1960s and the materialism of the 1980s. Nevertheless, the yuppie stereotype underscored the resurgence of business values 1. Observers wondered whether the computer revolution, like the industrial revolution before it, would take away jobs and make Americans lose control over their lives. For example, people feared that in the auto industry automated assembly lines, run by computer, might lead to layoffs of workers. However, the explosive sales of computers produced optimistic vision of the U.S. economy. Computers seemed to promise a way out of national economic decline. Whereas Asian manufacturers built most consumer-electronic products, American companies dominated the computer industry. The microcomputer fed the growth of the Sunbelt. 2. Uninterested in reform, the self-centered baby boomers were supposedly eager to make lots of money and then spend it on BMW cars, Perrier water, and other consumer playthings. Although the yuppies received plenty of attention, they made up perhaps only five percent of the whole baby-boom generation. The transition from Yippies to yuppies was exaggerated. Observers overestimated both the idealism of the 1960s and the materialism of the 1980s. Nevertheless, the yuppie stereotype underscored the resurgence of business values 1. Observers wondered whether the computer revolution, like the industrial revolution before it, would take away jobs and make Americans lose control over their lives. For example, people feared that in the auto industry automated assembly lines, run by computer, might lead to layoffs of...

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