13 February 2007

me, my countrly, the world, the universe

In reading how the telegraph and the Internet effects the worldviews of time vs. space, it is also interesting to see this put into an economic view point, as we see in “Time, Space, and the Telegraph”. Contemplating how receiving information instantaneously can causes mass hysteric reactions compared to the slow moving information receiving of older times, it brings up the example of looking at day to day stock market commodity graph versus a bimonthly one. The bimonthly graph would smooth out the day-to-day drops and rises and show an overview of how they have been doing, yet in not seeing the day-to-day, they miss out on seeing how the market really works and the little signs that might show a dramatic shift in the future. I mean think about if we step back in looking at the history of our world. If you step back far enough you could see that humans are just a recent little blip on the earth’s timeline. I think that knowing day-to-day information gives us the ability to step back and see the history of the information we have received and be able to predict more accurately where it might lead us to. Yet it also makes us forget that mistakes have to be made to more forward and to succeed, constant debating on how far is too far can only get us…so far. Some mistakes have to be learned from to get a successful final product instead of foreseeing the mistake and avoiding it.

1 comment:

Ronnie R said...

I can see where Gabi is coming from about needing to take a step back everynow and then and looking at the big picture. It’s true when they say that history always repeats itself and as much as we study history, you would think that we would recognize when a repeat is coming. But I guess it is just a flaw in mankind and therefore inevitable. I am not exatcly sure how Gabi made this link to the telegraph but I guess I’m just thinking “inside the box” still. But like Gabi, I also found it interesting to see the economic view point of the telegraph and its effects. I guess with every new kind of technology that comes out, there will always be people trying to use it for financial gain. With the telegraph, it was used a lot by the stock market but even used by people trying to cheat systems using the telegraph. When the telephone came out it eventually brought us telemarketing and internet opened up an entire new world for sellers. I guess the order of new technology is: Military use, Economic use, then Public use.