Information Cascade

2. Look deeper into the concept of a “information cascade.” Can you cite an example of where following the actions of others was a sound idea? Where doing so ended up being a poor choice?

In sports, information cascade is the basis of a great team. If you have a leader on a team or multiple if lucky you want to look at what that person does and emulate the things that person does. This is a domino effect where if one follows what that model person is doing then everyone will follow.

Now a poor choice would be falling under peer pressure. Something that all teens do, whether it is drinking or being a delinquent because you are hanging with the wrong crowd of people.

Revolution of Technologies

 1. Based on the quote from this chapter, ““revolution doesn’t happen when society adopts new technologies--it happens when society adopts new behaviors,” do you agree or disagree? Cite examples to support your position.

I definitely agree with this quote, although the coolest gadgets are great to have and may be able to turn off your lights when your 1000s of miles away, but simple things have moved us forward. For example, the revolution of the World Wide Web, everyone uses it today for everything from shopping and selling things to looking up how to make cupcakes. Wasn’t always like this but as time went on more people started using it and getting comfortable with it. The WWW is a part of our daily lives tremendously.