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The creation of so-called “financial bubbles” is a characteristic that accompanies the rise and fall of ‘great surges’/ ‘long waves’ of societal evolution. Financial bubbles burst regularly:

Some people have the iron rule “not to be social media friends with ex-lovers”. The one that is doing the unfriending is motivated by several digital traits, EXCEPT the following:

The core argument of the Nobel Prize crowned transaction cost theory says that media richness selection must inevitably lead to crowd-sourcing, which results in vertical and horizontal cross-ownership, and therefore in the end of privacy that we witness in today’s digital landscape.

Currently, several companies are competing to become “the leading” mobile online payment solution (pay-by-phone). This race includes industry giants like Apple, Google, PayPal, Venmo, and eBay. These companies try very hard to quickly grow their user base because they hope to benefit from one important digital trait that will convert them from “one app” into “the app”:

According to Carlota Perez’s framework, which of the following conditions is NOT (!) one of the conditions required for a technology to trigger a ‘great surge’ / ‘long-wave’ of societal evolution?

Not all aspects of every digital trait apply to all fields of application. For example, it is impossible that online video-conferencing software (like “Zoom” or “Teams”) provide solutions to implement all four features of poly-directional communication.

Why is there a sheer endless debate about whether the digital divide is closing or widening? 

What is the most famous concept of the “prophet of innovation”, Joseph Schumpeter?

Which of the following is NOT an effect caused by digital technology? 

The “Differential Susceptibility Model” proposes that it is enough to know the developmental psyche of the user to predict the (positive and negative) effects of media on the user.