Tuesday, March 17, 2015

Study Journal 5

~ I don't understand why people were willing to buy these internet companies at so high a price per share. There was no evidence that the value of the company increased after the first day of going public, and they regularly failed a couple year later.
~ Did people assume that all internet technologies were valuable? Why? The only reason I can think of is because it's a new technology that the people buying shares didn't understand.
~ Did the companies do poorly later because they missed out on the money gained in the first day after the IPO? That shouldn't be the case, any IPO becomes money to use, even if they didn't get what they should have.

~ I suppose there is technically always a trade-off with new technology, even if only that the public's ability to survive without it becomes questioned. But is that negative always relevant? I think it's certainly possible that a technology has no relevant negative side.
~ The idea that the winners try to convince the losers that they're actually winners is an interesting one. Sure, the real winners don't want to lose out on some benefits by the new tech getting cut, but are individuals really that gullible? I suppose it's certainly possible.
~ It is almost impossible to tell how a new technology will influence the world. I absolutely agree with the reading that the future won't be simply same world + new tech, but will be a mixture where they both effect changes on each other.

~ The easy access to information / entertainment made possible by the internet makes it incredibly easy to get lost there.
~ Bookmarking acceptable sites is a fantastic idea for keeping undesirable sites from being accessed, for people used to obtaining entertainment easily the extra time spent searching for other sites might be a deterrent.
~ I love the idea that parents should become familiar with the new tech that their kids are becoming used to. It's much more effective to talk to the child about what and why things are inappropriate rather than blanket banning the tech (internet, games, ...)

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