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zeynep's profile
zeynep tufekci
zeynep tufekci
zeynep tufekci
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@zeynep

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zeynep tufekciVerified account

@zeynep

Complex systems, wicked problems. Society, technology, science and more. @UNC professor. @NYTimes columnist. My newsletter is @insight: http://www.theinsight.org 

floating in a most peculiar way
theinsight.org
Joined August 2009

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    1. zeynep tufekci‏Verified account @zeynep 4 Mar 2020

      What level of insanity is this? (I'm not trying to buy any wipes online, just checking out of curiosity). $23 for one normal box of bleach wipes? Many similar items are sold out online. Are people's local stores really sold out of these otherwise cheap items?pic.twitter.com/Mf8U9VPoZk

      54 replies 35 retweets 102 likes
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    2. zeynep tufekci‏Verified account @zeynep 4 Mar 2020

      So curious because the coronavirus is going to cause both supply and demand shocks—(former is something we are not used to.) One question for economists is whether some portions of increased demand offsets the collapsed demand. If it's all for non-perishables, probably not, no?

      3 replies 9 retweets 42 likes
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    3. zeynep tufekci‏Verified account @zeynep 4 Mar 2020

      Let me put it this way. Restaurants etc. lose out but cleaning products and protective gear demand goes up. But cleaning products probably aren't consumed that much more, just hoarded. What's the win/lose ratio in the demand shift? (I don't know! Economists must be calculating!)

      1 reply 8 retweets 43 likes
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    4. zeynep tufekci‏Verified account @zeynep 4 Mar 2020

      And then there's the supply shock. There will be stuff that just isn't produced because of the shutdowns in China—and later, that will happen elsewhere. How much of that will be demand that's time-shifted, or just won't happen? Much of our consumption is optional. Big questions.

      3 replies 5 retweets 36 likes
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    5. zeynep tufekci‏Verified account @zeynep 4 Mar 2020

      PLEASE STOP sending me instruction on hand-made wipes. I bought my personal supplies the first week of January because I knew this was coming as soon as news of a novel coronavirus from a seafood market in China came out. I wrote articles on how to prepare. I'm good, thanks! Gee.

      6 replies 7 retweets 130 likes
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    6. zeynep tufekci‏Verified account @zeynep 4 Mar 2020

      I'm trying to think if we have a modern equivalent to a supply shock of this magnitude that went along with a demand shock/shift of this size? (Post WWII). Stuff like the Taiwan earthquake were instructive for bottlenecks but this is that plus much wider.

      4 replies 3 retweets 24 likes
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    7. Alexis C. Madrigal‏Verified account @alexismadrigal 4 Mar 2020
      Replying to @zeynep

      Haven't been able to think of an analog — the ones I've seen floated are the oil shocks in the 70s, but obviously v different circumstances

      2 replies 0 retweets 1 like
      zeynep tufekci‏Verified account @zeynep 4 Mar 2020
      Replying to @alexismadrigal

      Such uncharted territory! We're going to have bottlenecks, supply shock, demand shock, demand shift... Some industries may well be irreversibly altered.

      7:26 AM - 4 Mar 2020
      • 1 Retweet
      • 4 Likes
      • JuneYourTech (he/him) 🏳️‍🌈🇪🇪🇪🇺 Collin Lysford melomys Chris Otto
      1 reply 1 retweet 4 likes
        1. Aaron Stewart-Ahn‏Verified account @somebadideas 4 Mar 2020
          Replying to @zeynep @alexismadrigal

          Aaron Stewart-Ahn Retweeted Derek

          And modern supply lines and on demand manufacturing has changed everything irrevocably - I thought this was the biggest seismic tell about the aftershocks coming https://twitter.com/sp_longie/status/1232748304317861888?s=21 …https://twitter.com/SP_Longie/status/1232748304317861888 …

          Aaron Stewart-Ahn added,

          0:14
          Derek @SP_Longie
          Empty container terminal in the Port of Los Angeles. pic.twitter.com/zDTyhVA61u
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          0 replies 0 retweets 0 likes
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