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This four-chapter book describes some of the implications of the rapidly developing Internet culture It is a collection of true Internet-inspired stories illustrating how the Internet and information technologies are changing our lives restructuring our societies families and financial establishments and shaking up some long-held convictions regarding the roles that people should or should not undertake The writers main argument is that the Internet will significantly alter existing assumptions about hierarchies of expertise and even of age The Internet made it possible for 15 year old Jonathan Lebed to undertake the role of a professional financial analyst and play the grownup game of stock market The SEC accused Jonathan of manipulating the stock market by posting scores of messages on financial message boards - under a host of aliases - puffing up stocks which he had previously purchased and selling them at a considerable profit According to him he was not doing anything different from real analysts whose business it was to make unwarranted predictions about the future value of stocks that may or may not prove to be true This line of argument prompted the SEC to drop the case while allowing Jonathan to keep most of the 800000 he made using his scheme After all if a court would rule in favor of the kid it would mean that the structure of stock trading - part of which is the supposed training and expertise of financial analysts - would collapse altogether The Internet also made it possible for another 15 year old kid Marcus Arnold to present himself as a legal expert on Askmecom and to be ranked as 1 legal advisor by the users Marcus undoubtedly talented did this solely from what he learned watching court TV Both Jonathan and Marcus are considered as outsiders to the establishment - unqualified to disperse financial or legal advice - who took the role of insiders by virtue of the Internet Their
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