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Robinhood s Big Gamble | The New Yorker

Cartoon by Pat Byrnes By that spring, Alex Kearns, a twenty-year-old student at the University of Nebraska, had been using Robinhood for about two years. The app had permitted him to trade options just months after he opened his account. Kearns grew up in Naperville, Illinois, with his sister and his parents. His father is an I.T. professional at a financial-services firm. The family was close. Kearns was known as an anxious but positive young man who played trombone in the high-school band, received a school-spirit award, and joined the R.O.T.C. at Nebraska, where he majored in business management. Kearns’s cousin-in-law Bill Brewster, a professional investor, told me that he’d spoken with Kearns that March. “He was happier than I’ve ever seen him,” Brewster said.

Why do you use your phone so much? It s like gambling and heroin combined

January 24, 2021 Tech companies can mine big data to determine exactly what keeps us glued to our phones, making social media, games and other apps ever more addictive. South China Morning Post Walking, reclining, dining, playing, commuting, shopping: people around the world read their smartphones regardless of where they are or what they’re doing, unable to tear their eyes from their screens regardless of whether they’re on a crowded street or working out at the gym. Adam Alter, an author and professor of marketing at New York University’s Stern School of Business, believes modern technology has never been so “efficient and addictive”.

Arrow s Paradox in the age of social media

Arrow’s Paradox in the age of social media Updated: Updated: Shortened attention spans, relentless messaging, and the mechanics of elections make for an incendiary mix Share Article Shortened attention spans, relentless messaging, and the mechanics of elections make for an incendiary mix The mechanics of all elections are flawed. Each country has different rules regarding its voting systems, and each set of rules is necessarily a compromise. Some countries use ‘first past the post’ systems, while others use electoral colleges. Yet others use referendums where two choices are pitted against one another, such as the Brexit vote. The influence of the minority

Digital detox: how to create between screen time habits

When is enough enough? We re still doomscrolling through gloomy news about the coronavirus and the rest of your daily routine is probably something like mine while at home in the pandemic: Divided among streaming movies on Netflix, watching home improvement videos on YouTube and playing video games. All of these activities involve staring at a screen. There has to be more to life than this. With the new year upon us, now is a good time to take a breather and consider a digital detox. You could set modest goals. If that feels doable, shorten the time limit and make it a daily goal. Repetition will help you learn new habits.

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