New Responsibilities For a New Information Paradigm
The recent financial turmoil has been the perfect example of how information has become a lot more prevalent than during the time of - say - the last Great Depression. Being a crisis which involves the activity of the international financial markets, which is mostly fuelled by 'confidence' and 'sentiments', it's been a great measure of the rapids shifts in mood all over the world, partly in reaction to equally volatile headlines. Just take a look at these depressing recent updates of twitter news bots that have almost become a feature of their streams lately, not to mention the latest headlines (at the time of writing this article, the headline at the top of my BBC Live Bookmarks feed read 'Stock markets plunge across world'). Good news seems to be few and far between, but tends to be worded in equally hyperbolic terms. A number of articles have picked up on this crisis' significant differentiating factor of the degree and speed of accessibility to relev...