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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 17 Feb 2021

      I wrote about the Gamestop/Robinhood episode. Can we please, please, PLEASE stop separating the digital tools/internet from social and political dynamics in our analyses? Yes, tech platforms matter, yes, their business models matter, yes the rest matters. https://www.theatlantic.com/technology/archive/2021/02/gamestop-mess-shows-internet-rigged-too/618040/ …pic.twitter.com/3kjdStnBMB

      7 replies 69 retweets 275 likes
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    3. zeynep tufekci‏Verified account @zeynep 17 Feb 2021

      And it's the 10th anniversary of the Arab Spring and its aftermath. I can't believe we're still doing the "oh look David vs Goliath fight via Reddit" "oh look the underdog got fleeced" "oh look Reddit has an ad celebrating the underdog" cycle. Time for real, integrative analyses.

      3 replies 10 retweets 63 likes
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    4. Michael Bishop  🇨🇦 🇺🇸‏ @thatMikeBishop 17 Feb 2021
      Replying to @zeynep

      In an article that is, as usual, excellent, I have one question/concern. "...hedge funds... pay Robinhood... get ahead of those orders." I believe this is wrong. I believe Citadel pays, not to trade ahead of those orders, but typically to trade with those orders...

      1 reply 0 retweets 1 like
    5. Michael Bishop  🇨🇦 🇺🇸‏ @thatMikeBishop 17 Feb 2021
      Replying to @thatMikeBishop @zeynep

      Trading ahead of the orders is illegal, whereas preferring to trade *with* them is legal, and still profitable because retail investors don't, on average, beat the market.

      2 replies 0 retweets 4 likes
      zeynep tufekci‏Verified account @zeynep 17 Feb 2021
      Replying to @thatMikeBishop

      Yeah, corrected! Wasn't crucial to my point and I swear, I got this from financial press. Thank you, though! It's actually more interesting.

      7:38 AM - 17 Feb 2021
      • 3 Likes
      • Greg Price Scott Leibrand Michael Bishop 🇨🇦🇺🇸
      1 reply 0 retweets 3 likes
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        2. Michael Bishop  🇨🇦 🇺🇸‏ @thatMikeBishop 17 Feb 2021
          Replying to @zeynep

          I totally agree it wasn't important to the major points of the article. Keep up the amazing work!

          1 reply 0 retweets 1 like
        3. zeynep tufekci‏Verified account @zeynep 17 Feb 2021
          Replying to @thatMikeBishop

          Thank you! Amazing, the correct version is more interesting. And I really appreciate you reaching out. I thought I got it correctly because, I swear, I read it in the financial press but, of course, complicated stuff like this can be wrong. Found this nowhttps://www.bloomberg.com/opinion/articles/2021-02-05/robinhood-gamestop-saga-pressures-payment-for-order-flow …

          1 reply 0 retweets 2 likes
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