Fight The Man: What GameStop's surge says about online mobs

Fight The Man: What GameStop's surge says about online mobs

3 years ago
Anonymous $K6XgmDN5_o

https://apnews.com/c22398c54fd3218b9288e22cc68c366b

It's a fable for our times: Small-time investors band together to take down greedy Wall Street hedge funds using the stock of a troubled video-game store.

But the revolt of online stock-traders suggests much more. The internet is shifting society’s balance of power in unanticipated ways. And the same tools that empower the little guy — allowing people to organize quickly and seemingly out of nowhere, troll powerful institutions and unleash chaos — can also give rise to extremist mobs waging harassment campaigns or the Jan. 6 riot at the Capitol.