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In: Economics

Reflect on the examples of generations of computer technology and comment on how this affects revenue...

Reflect on the examples of generations of computer technology and comment on how this affects revenue and expenses in a healthcare environment

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Expert Solution

Generation of computer technology tells about the gap between the development of the computer in terms of the technologies.

Till now basically, there are five types of computer generation are present.

1. First generation -in this generation we got vacuum tubes which are the only electronic component available during those days.

  1. ENIAC
  2. EDVAC
  3. UNIVAC
  4. IBM-701

2. Second generation - in this generation computer was based on a transistor, instead of vacuum tubes. due to the presence of transistors instead of vacuum tubes, the size of electron component decreased. This resulted in reducing the size of a computer as compared to first generation computers.

  1. Honeywell 400
  2. IBM 7094
  3. CDC 1604

3. Third generation- in this generation computer were based on IC. These computers were cheaper as compared to second-generation computers.

  1. IBM 360
  2. IBM 370

4. Fourth generation- in this generation computer were based on microprocessor .fastest in computation and size get reduced as compared to the previous generation of computer.

  1. BM 4341
  2. DEC 10
  3. STAR 1000

5. fifth generation - in this generation computer are based on artificial intelligence.The aim of the fifth generation is to make a device which could respond to natural language input and are capable of learning and self-organization.

  1. Laptop
  2. NoteBook
  3. UltraBook
  4. Chromebook

healthcare in US is twice expensive than other countries. this is happening because modernization of technology. earlier they were usinlow-costst equipment in surgery, but now a days doctor start using artificial intelligence. when patient walk-in into a hospital , then they are getting a feature of self-registration and booking slot with the doctor , these all thing are automated . all equipment which are there in the laboratory are highly intelligent. when Hospital would be high-tech then the patient will visit more because they will get proper treatment, which will increase the revenue of hospital.


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