Could the global
economy hinge on 140 characters?
Is not it amazing that a simple hoax tweet is
able to cause the drop by 150 points in the Dow Jones? Nowadays everything is
going so fast that we are not able to control it. Here we can find an
interesting article from the New York Times where we can see the consequences
of social networks on markets.
In this age, almost everybody can write on the
social networks without being aware of its consequences. Politicians, companies
and power people use social networks to share information. However, with
hackers they are not always the ones who write the information leading to
serious problems. Social networks are
everywhere. For example The Securities and Exchange Commission decided on April
that companies are able to use social media sites to broadcast market-moving
news. Also Bloomberg delivers select posts to hedge funds and investment banks.
However, some of them are hoaxs that can origin a loss within investors.
Now, people believe in social networks without thinking
about its sources. Everything goes very fast, so also its consequences. This
article is a perfect example of it. Even markets based on supposedly serious
statistics, information or sources, are affected by social networks. The hard
work of an investor can be spoiled by false information that they have no
control of authenticity. So people, use social networks in the good way and do
not trust everything written on it.
Take care with true information,
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