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Home computer circa 1954.
According to the caption, "with teletype interface and the Fortran language, the computer will be easy to use."
Update: Oops. I assumed that my dad had sent me something from an old copy of the magazine; he does save such things. Unfortunately this is a hoax. The picture is a heavily modified version of an submarine control panel exhibit at the Smithsonian Institution, pictured here. You can read more at Snopes.com.
My first clue should have been when both my sons, obviously much smarter than me, asked what the steering wheel was for. I just assumed it was an early pointing device.