Information Cascade in Seeking Financial Advice
On October 25, 2019, U.S.News released the article, Don’t Wait Until There’s a Crisis to Hire An Advisor written by Dan Kern. The article addresses the reasons why people need to plan ahead on their financial matters and seek professional assistance. Financial plans usually involve multiple goals, a long-term time horizon, and trade-offs between conflicting […]
Buy or Sell? What did the Analysts Say?
Business seems to be booming, and it is an overall prosperous time as the economy continues to trend upwards. You have a couple of friends who recently purchased some dot com stocks and they seem to be doing pretty well. You follow suit and purchase some as well without doing intensive research: based off of […]
The Bayesian Method of Financial Forecasting
https://www.investopedia.com/articles/financial-theory/09/bayesian-methods-financial-modeling.asp This article gives an overview of an interesting application of Bayes’ Rule: financial forecasting. An example given in the article is predicting how a change in interest rates can affect the value of a stock. If we can get accurate past data then getting this prediction is just a matter of applying Bayes’ Rule […]
The Science and Psychology of Why Videos Go Viral
https://thenextweb.com/insider/2017/08/02/the-science-and-psychology-of-why-videos-go-viral/ In this article, Carissa Lintao looks into the six principles that make videos go viral. These include: Social Currency, Triggers, Emotion, Public, Practical Value, and Stories. For the principle of Social Currency, it is believed that individuals share posts to create an image of what they want to be perceived as. Our social image […]
Intel SGX and Autonomous Auctions
https://eprint.iacr.org/2017/1153.pdf Intel SGX is a trustless verifiable compute platform available in most modern Intel processors. Intel SGX can be used to run a particular program on an untrusted computer and receive an attestation that the provided instructions were run correctly and that their output is legitimate. In a nutshell, SGX allows for trusted computations in […]
Apple’s Airpods Go From Mockery to Status Symbol
https://www.wsj.com/articles/do-airpods-make-you-look-rich-these-millennials-think-so-11550591284 After Apple’s Airpods launched in 2016, the tech industry mocked the unconventional look of the wireless earbuds. However, they have become a revolutionary technological product in the wireless earphones market since then. The wireless bluetooth earbuds can seamlessly pair with any Apple device in a matter of seconds that make listening to music, phone […]
Derek Thompson: Why There’s No Such Thing As ‘Going Viral’
https://www.forbes.com/sites/danschawbel/2017/02/07/derek-thompson-why-theres-no-such-thing-as-going-viral/#e53dfdf177d7 Derek Thompson: Why There’s No Such Thing As ‘Going Viral’ Dan Schawbel In lecture, we have been discussing a lot of the mechanisms by which a new idea or product may thrive or fail in a society. Some of the concepts introduced include network effects and information cascades. “Network effects” refers to the idea […]
What Makes a Viral Video?
https://hbr.org/2015/09/why-some-videos-go-viral In class, we talked about what causes a product or application to become popular, and in what ways popularity can spread. A viral video is a video which becomes popular through internet sharing (usually by websites like YouTube). Such videos can rapidly garner millions or even billions of views in a few days. “Gangnam […]
Spread of Snapchat
https://www.forbes.com/sites/quora/2018/02/16/how-snapchat-gained-success-by-going-viral-at-high-schools-across-los-angeles/#4e3bc05c3b36 For the majority of people, we all know how successful Snapchat but not many know how exactly does Snapchat become popular and well-known. Snapchat is “inherently viral” where people can immediately take a picture of whatever and share the snap with there friends. The creator of Snapchat Evan Spiegel, his initial target user where […]
Streaming Services Proliferation
https://www.fastcompany.com/90428525/why-the-streaming-wars-are-a-myth There has been a proliferation of streaming service over the last couple of years, so much so that many people watch television almost exclusively online through either paid streaming services like Netflix and Hulu or through free service like how CW and CBS put their shows up for free the morning after. Based […]
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