PowerPoint Presentation History of the Internet Day Radebaugh Ethics and Computers POTS 1950’s… Circuit-switched POTS (Plain Old Telephone System) Disruption of a link terminates connection Call...

download and study the slidesHistory of the Internetand the articleWhat is Web 2.0?
These sources provide valuable background that will help us understand the workings of the Internet, where it came from, and where it is likely headed. Based on your understanding of the Internet and the Web so far, 1Write a1-page paperdiscussing your prediction of how the Internet and Web will change in the next 10 years, and the ethical issues this will raise.


PowerPoint Presentation History of the Internet Day Radebaugh Ethics and Computers POTS 1950’s… Circuit-switched POTS (Plain Old Telephone System) Disruption of a link terminates connection Call occupies entire circuit end-to-end Internet.0 1960’s… DARPA sponsored development of ARPANET Messages divided into blocks (frames) Frames individually addressed and routed via diverse routes to destination More robust Better utilization of underlying circuits and routes Circuit switching nodes replaced by packet switching computers OSI modelTCP/IP Internet.1 1980’S… Hypertext Transfer Protocol (HTTP) Application-layer Browser requests delivery of pages of information according to naming scheme (URL’s) Pages are essentially static Web 1.0 Pages essentially static Users can retrieve pages, but not add significant content Applications fixed Web 2.0 . . . . . Web 3.0 Semantic Web Internet of Things Let’s Watch… https://www.youtube.com/watch?v=bsNcjya56v8 https://www.youtube.com/watch?v=oZQd1c3YVuI https://www.youtube.com/watch?v=OGg8A2zfWKg https://www.youtube.com/watch?v=0jXO6M--lu0 The GameStop is a company which has different stores and most of them are based on the malls. They are known for selling video games, peripherals, merchandise, consoles and assorted knickknacks. The video game related media shows that the people who are buying GameStop stock are involved with the gamers. If we talk about the 2021 then it is not making any profit now and the income is going down as the year is passing. It does not have that hasn't much of the business with their new business model with the new online gaming paradigm. As the result shows that the stocks were heavily shorted now it is becoming very risky for them to continue with the business. They are betting against the stock and some of the investors also decided to make the price search so that they can make the hedge funds lose money. They were managed to increase the price for the stocks of the GameStop very quickly and this resulted in the loss of a lot of money by several hedge funds. There were many brokers who were involved in halting the trading of these stocks and this resulted in the decrease of the price very quickly. There were many investors who entered into the betting process too late, and it resulted in loss of a lot of money. But there were many investors also who started from the Wall Street beds forum and they created a lot of money as they were able to sell the stock at the right moment or they were still holding the shares. The GameStop stock is becoming very volatile currently and there is a huge price swings in every day yes. It is also becoming much expensive as compared with the price before the short squeeze. It also has a very interesting story about the stock market and the related volatility. There were some wealthy and determined investors who were able to cause significant changes in the market. The hedge funds which were supposed to know what they were doing, and they were able to lose a lot of money very quickly. The wisdom of crowd has five basic points which are diversity of opinion, decentralization, independence, aggregation, and trust. The diversity of opinion shows that every person will have their private information even if they are behaving like the common group and they have e centric interpretation of the known facts. The independence means that the opinions of the people are not determined by the opinion of the people who are around them. Decentralization means that the people are able to specialise and draw over the local knowledge. Aggregation shows that some mechanic is present to turn out the private judgment into the collective decision and trust can be used to show that each person is able to trust the collective group. The event which we have discussed from the GameStop is related with the diversity of opinion and the independence. There were many investors who were investing with the stocks and some of them were able to save a lot of money as they were having their own opinion. It shows that the investors word investing their money in the same field, but they were having a different mindset and opinion and also their opinion was not affected by the opinion of the investors who were losing their money in the same shares. References Chohan, U. W. (2021). Counter-hegemonic finance: The gamestop short squeeze. Available at SSRN. Lucchini, L., Aiello, L. M., Alessandretti, L., Morales, G. D. F., Starnini, M., & Baronchelli, A. (2021). From Reddit to Wall Street: The role of committed minorities in financial collective action. arXiv preprint arXiv:2107.07361. Vasileiou, E. (2021). Does the Short Squeeze Lead to Market Abnormality and Anti-leverage Effect? Evidence From the GameStop Case. Evidence From the GameStop Case (April 22, 2021).
Sep 10, 2021
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