How your tweets could crash the global economy

An article on BuzzFeed interviews Tero Karppi, assistant professor of media study, about his new case study, “Social Media, Financial Algorithms and the Hack Crash,” which looked at the ways that social media data intersect with financial algorithms, and the potential consequences of that integration – in this case, a brief stock market crash caused by a hacked Associated Press Twitter account. “There are systems that buy access to social media and mine that data. Social media plays a significant role in financial markets,” he said. An article on his research also appeared on Futurity.

Read more:

http://www.buzzfeed.com/josephbernstein/how-your-tweets-could-crash-the-global-economy#.njbZrWj10

http://www.futurity.org/hack-crash-twitter-930182/