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Computershave revolutionized society since their introduction in the early 1950s. In the earliest
days of computers, the primary customers for these machines were the military, utilities,
insurance companies and banks, all of whom demanded very accurate results.
Today, individual consumers are the largest purchasers of computers and handheld devices, like
smart phones and tablets. Much of the industry has shifted towards social media; publicly-
provided content likeTikTokvideos, Twitter posts, Instagram likes, and Facebookgroups take
precedence.
As head of Facebook, Mark Zuckerberg's internal motto at one point was: Move fast and break
things.
Based on the description above, a historian would likely classifythe tech industryas:
1) Risk averse in the past and risk neutral currently.
2) Risk averse in the past and risk loving currently.
3) Risk neutral in the past and risk neutral currently.
4) Risk averse in the past and risk averse currently.
5) Risk neutral in the past and risk averse currently.

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Computershave revolutionized society since their introduction in the.pdf

  • 1. Computershave revolutionized society since their introduction in the early 1950s. In the earliest days of computers, the primary customers for these machines were the military, utilities, insurance companies and banks, all of whom demanded very accurate results. Today, individual consumers are the largest purchasers of computers and handheld devices, like smart phones and tablets. Much of the industry has shifted towards social media; publicly- provided content likeTikTokvideos, Twitter posts, Instagram likes, and Facebookgroups take precedence. As head of Facebook, Mark Zuckerberg's internal motto at one point was: Move fast and break things. Based on the description above, a historian would likely classifythe tech industryas: 1) Risk averse in the past and risk neutral currently. 2) Risk averse in the past and risk loving currently. 3) Risk neutral in the past and risk neutral currently. 4) Risk averse in the past and risk averse currently. 5) Risk neutral in the past and risk averse currently.