Tuesday, October 4, 2011

Is Technology Feeding Mind-Boggling Volatility Everywhere?

World On Wi-Fire -- Niall Ferguson, Daily Beast/Newsweek

Feel the chaos? Technology is feeding mind-boggling volatility everywhere.

The human race is interconnected as never before. Is that a good thing? Ask the Lords of the Internet—the men running the companies Eric Schmidt of Google recently called “the Four Horsemen”: Amazon, Apple, Facebook, and Google—and you’ll get an unequivocal “yes.” But is it true? In view of the extraordinary economic and political instability of recent months, it’s worth asking if the Netlords are the Four Horsemen of a new kind of information apocalypse.

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My Comment:
“The Four Horsemen of the internet”: Amazon, Apple, Facebook, and Google .... now that is a good line.

But .... is technology causing world volatility? Hmmmm .... in a way yes .... why .... because we are no longer ignorant .... a prospect that brings shivers of fear among many in governments around the world.

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