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James and Andrew Created an Internet Application They Called Shazam

question 70

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James and Andrew created an Internet application they called Shazam that will allow millions of people to download music for free without using a central server. What is this phenomenon indicative of?


Definitions:

Recency Effect

The tendency to remember the most recently presented information best when recalling a list of items.

Short-term Memory

A type of memory that holds a small amount of information in an active, readily available state for a short period of time.

Commons Dilemma

A situation in which individuals' short-term selfish interests are in conflict with long-term group interests and common good.

Prisoner's Dilemma

A scenario in game theory in which two individuals acting in their own self-interest do not produce the optimal outcome for either party.

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