Explanations
2023 Banking Crisis - Have cyber Flash-mobs contributed to the crisis?
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20th March 2023
Has the spread of social media and the virality of the speed at which communication happens today contributed to the 2023 banking crisis? have cyber flash-mobs helped create the problem afflicting the European and US banking system? This is a really interesting seven minute discussion between Fareed Zakaria (CNN) and Gillian Tett. There is a neat example of game theory in here as well!
What caused this banking crisis?
— Fareed Zakaria (@FareedZakaria) March 19, 2023
On today's GPS, I talked with the @FinancialTimes’ US editor at large, author & anthropologist @gilliantett, about the role of herd mentality, the rapidity of social media & the tech sector's idiosyncrasies: pic.twitter.com/CX7gP9fZ72
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