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SOCIAL MEDIA and its technology has also made America a bifurcated echo chamber “Yes, right when our physical technologies leapt ahead, many of what the Oxford economist Eric Beinhocker calls our “social technologies” — all of the rules, regulations, institutions and social tools people needed to get the most out of this technological acceleration and cushion the worst — froze or lagged. In the best of times social technologies have a hard time keeping up with physical technologies, but with the Great Recession of 2008 and the political paralysis it engendered, this gap turned into a chasm. A lot of people got dislocated in the process.”
-James Ferrari
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