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Monday, July 1, 2013

Book Review of "Next: The Future Just Happened" By Michael Lewis

This four-chapter book describes some of the implications of the rapidly developing meshwork culture. It is a collection of true net profit-inspired stories illustrating how the mesh and information technologies are changing our lives, restructuring our societies, families, and monetary establishments and shaking up some long-held convictions regarding the roles that people should or should non sign. The writers main pipeline is that the Internet will significantly alter existing assumptions almost hierarchies of expertise and even of age. The Internet do it thinkable for 15 year old Jonathan Lebed to take over the role of a master copy pecuniary analyst and go forth it the grownup game of song market. The SEC accused Jonathan of manipulating the stocktaking market by circular scores of messages on financial message boards - under a host of aliases - puffing up stocks which he had previously purchased, and merchandising them at a colossal profit. According to him, he was not doing anything different from real analysts whose occupation it was to make unwarranted predictions somewhat the future value of stocks, that may or may not prove to be true. This margin of argument prompted the SEC to slash the case while allowing Jonathan to cumber most of the $800,000 he do using his scheme.
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After all, if a court would rule in favor of the kid, it would mean that the dead body structure of stock occupation - part of which is the supposed gentility and expertise of financial analysts - would resolve altogether. The Internet also made it possible for another 15 year old kid, Marcus Arnold, to establish himself as a court-ordered expert on Askme.com, and to be stratified as #1 legal advisor by the users. Marcus, doubtlessly talented, did this solely from what he acquire watching court TV! Both Jonathan and Marcus are considered as outsiders to the... If you neediness to get a entire essay, order it on our website: Orderessay

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