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IBM punching card machines: one fact & two questions.

   This is re present turmoil in American P 14-Nov-00 Biswo


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Biswo Posted on 14-Nov-00 03:32 PM

This is re present turmoil in American President
election, where two candidates are seeking edge in
a razor-thin margin:

Fact1: The candidates are 0.0016% apart by
two machine recounts. The errror or noise of the ballot
reading machines is about 1%. Within the noise !

Two questions :

Why did banks,insurance companies,credit card companies
getaway from punched cards to very sophisticate optical
readers with very sophisticated handwriting recognition
-if punched cards are so accurate ?

If the vote tallying business is so lucrative,and ifIBM
developed the technology - originally for the Census
Bureau when IBM's biggest line of business was
delicatessen scales -why did they get out of it?

Because the IBM "belt and suspenders"lawyers knew how
inaccurate these systems were - they had heard it from
every bank and insurance company in the US- and they
didn't want a bunch of IBM executives sitting in a
court room being cross-examined by James Baker and
Warren Christopher - or sitting in a Senate Hearing
Room being questioned by Arlen Specter and Richard
Shelby.