One Example of the Rapid Rise and Broad, Disruptive Impact

question 53

Short Answer

One example of the rapid rise and broad, disruptive impact of social media is the mobile messaging service _____. The service has grown to the point where its massive user base sends more instant messages than the entire worldwide SMS messaging standard. Facebook acquired the firm at a valuation of $19 billion.

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Definitions:

System II

A term often used in psychology to describe the deliberative, analytical form of cognition that requires concentration and is slower than intuitive thinking.

Intuitive Thinking

A cognitive process that involves making judgments and solving problems based on implicit knowledge and feelings, rather than explicit reasoning.

Reasoning

The mental process of generating conclusions, judgments, or inferences from facts or premises.

System I

Refers to the fast, automatic, and intuitive way of thinking, as opposed to System II's slower, more deliberate thought process.