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How Technology Made Occupy Wall Street Both Irrelevant and Ubiquitous
MIT Technology Review ^ | 05 OCT 2011 | Christopher Mims

Posted on 10/05/2011 12:53:58 PM PDT by Red Badger

Who knew Skynet would be a financial, rather than a defense network?

Watching the protest in lower Manhattan metastasize from an eager call for volunteers on various social networks to a full-on movement has been a dizzying exercise in the power of technology to render protest both irrelevant and remarkably powerful at the same time.

Perhaps this is the condition of all political movements in the 21st century, but Occupy Wall Street feels like a post-post-something exercise in the ability of social networks, citizen journalism and the always-on news cycle to amplify the power of symbols. It's also a demonstration of the futility of trying to shut down an industry that has more or less completely dematerialized.

Consider for a moment that even if hundreds of thousands of protesters showed up, it would not actually be possible to "occupy" Wall Street in a way that would shut it down. If protestors wanted to actually impinge the functioning of the markets, they'd have to occupy not Wall Street itself, whose trading floor is now all but irrelevant to movement in the markets, but a nondescript warehouse just off the New Jersey Turnpike where the vast majority of trades actually take place, electronically.

Even then, you can bet that Direct Edge and the New York Stock Exchange have some of the world's best fail-over plans for their sprawling data centers, and who knows where the backup systems are. Some day they might be "in the cloud," at which point they would be at once ubiquitous and untouchable. (Who knew Skynet would be a financial, rather than a defense network?)

On the flip side, it seems to hardly matter that the protestors are in a small semi-public park, not Wall Street itself, and are mostly getting in the way by making the NYPD look bad. That's because the real power here is the ability of this movement to have a voice in social networks and a news cycle that is no longer solely controlled by broadcast media.

For example, there's this gem from The Atlantic Wire: "Media Non-Coverage of Occupy Wall Street Gets Lots of Media Coverage."

Boiling it all down, what we have is a fairly abstract protest movement whose tactics are entirely appropriate to the abstraction its members inveigh against. Protestors aren't articulating their goals all that well and that's just fine, because it's clear that what they're against is a system that is nebulous not only because it is complicated and remote, but also because physically, it is as ephemeral as the Internet itself.


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Technical
KEYWORDS: socialnetwork; wallstreet

How can you 'occupy' an abstraction? By invading the network on which it depends.

1 posted on 10/05/2011 12:54:02 PM PDT by Red Badger
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To: Red Badger

I viewed this Wall St. protest as little more than a chance for a bunch of hippie types to have a road trip and get high.


2 posted on 10/05/2011 12:56:27 PM PDT by bigbob
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To: Red Badger

Or, it could just be a lot of hippie wanna-bees getting a lot of free media coverage.


3 posted on 10/05/2011 12:58:32 PM PDT by freedomlover (Make sure you're in love - before you move in the heavy stuff)
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To: Red Badger

I work in the financial services industry (not down on Wall Street) and guess how much impact this “movement” has had on us? Zip. Zero. Nada.


4 posted on 10/05/2011 1:00:40 PM PDT by Dr. Thorne (Fall on your knees before Christ, your only salvation!)
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To: Red Badger

this sounds like the sort of hair splitting a wonk might do.


5 posted on 10/05/2011 1:01:22 PM PDT by the invisib1e hand (...then they came for the guitars, and we kicked their sorry faggot asses into the dust)
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To: Dr. Thorne

It’s not for you, it’s for the Media. They are like a bad child acting up to get attention, even though they get punished. Thy will have absolutely no lasting effect and a month from now nobody will remember them.............


6 posted on 10/05/2011 1:07:22 PM PDT by Red Badger (Furthermore, I think Obama must be impeached....................)
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To: bigbob

7 posted on 10/05/2011 1:16:04 PM PDT by DeathBeforeDishonor1
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To: DeathBeforeDishonor1
Excuse me, jerk, but 99% are NOT two-time felons!
8 posted on 10/05/2011 1:30:03 PM PDT by NRA1995 (Obama's presidency is shovel-ready; let's bury it in 2012!)
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To: bigbob

This “protest” is just of bunch of losers getting out of their mothers cellars.


9 posted on 10/05/2011 1:54:12 PM PDT by dancusa (Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy. W. Churchill)
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To: Red Badger
Christopher Moms is an educated fool if he thinks any of the occurrences on Wall St. are in any way, shape, or form are spontaneous. The planners announced their plans almost a year ago and have been holding meetings nationwide to spread this disease of radical Marxism disguised as an assault on high wages and bonuses. Ask the vermin protesting if they even know they are the useful idiots Marx said would help in the revolution not knowing what the end game would be.

Thank you Department of (Re)Education for nearly 3 generations of excellent integration of the Communist Manifesto.

10 posted on 10/05/2011 2:09:51 PM PDT by cashless (Unlike Obama and his supporters, I'd rather be a TEA BAGGER than a TEA BAGGEE.)
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To: cashless

As Rush said today, this is the new face of the Democrat party.

Attempting to somehow remain “relevant” as they continue to lose elections.


11 posted on 10/05/2011 2:11:36 PM PDT by nascarnation
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To: bigbob
I viewed this Wall St. protest as little more than a chance for a bunch of hippie types to have a road trip and get high.

Since today's music sucks, this is as close to a Woodstock as they can get.

12 posted on 10/05/2011 2:14:22 PM PDT by eddie willers
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To: eddie willers

Anarchist chicks are easy.


13 posted on 10/05/2011 2:15:22 PM PDT by dfwgator
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To: cashless

All this is is a chance for anarchist/communist types
to sign up dupes and fellow travelers and maybe hook up
with some lamebrained coed who only came because her
goth roommate didn’t want to go alone.


14 posted on 10/05/2011 2:19:54 PM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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