Adopting to Facebook’s new “Like” Alternative

Facebook has just recently launched a new update towards their trademark of the “like” button on Facebook. Like many other updates in which Facebook creates and changes on their platform. People are constantly forced to adopt to these new changes based on the aspect that even if one doesn’t like the change. People will eventually accept and adopt on the new change even if they do no like the specifics of the change. With the change in the “Like” trademark on the Facebook platform. As more people are starting to learn of this new change, more people are starting to adopt to this and will utilize this new function. Similar to how nodes will adopt based on a cascade behavior in a network. As soon as more people start using a function, people will become curious and start to learn to adapt to this new exciting feature to the “Like” function. Although this is a new feature added, Facebook can utilize this function to figure out the behavior of people who would adopt or just stay with using the traditional like button. Clusters will form for those who adopt and those who do not adopt.

Source:

http://www.forbes.com/sites/kathleenchaykowski/2016/02/24/facebook-no-longer-just-has-a-like-button-thanks-to-global-launch-of-emoji-reactions/#4b0b9e794994

 

Advertisements

Game Theory: China’s Air Crisis on Economy

China’s Environmental crisis has become one of the most counterproductive obstacle that challenges the colossus country’s rapid economic growth. As a country that had a GDP that grew more than 10 percent per year for more than a decade. It has shortly fallen off due to the factor of a toxic growth in the air. Last December, China was faced with two records of their highest red marks of air pollution in Beijing and almost 300 other cities. The toxic air has developed to a point that ceased the rapid industrialization of this country and caused a drop of 6.5 percent towards their GDP annually, additionally it has caused more than 1.6 mill people per year to die from breathing in this toxic smog.

In according to the topics that was covered in class. For the past decade, China focused their strategy on the “game” of rapid growth of their economy and industrialization. In this article, the writer talks about how China was too focused on climbing the ladder on an economic level to finally  to realize the damages that air pollution by economic growth has caused. The country is currently at a point where pollution has become deadly and thus changes to the strategies of the government had to be made in order to prevent devastating damages on bother the environmental and economical level in the country. In 2014, China’s government noticed that pollution has increased drastically and thus has called for a “war” against this factor. By changing their strategy, in reducing pollution and funding into recovery. China’s government will be able to save from further damages. Although, the funds of air recover was high, thus causing the decline in the GDP of the country.

http://www.cfr.org/china/chinas-environmental-crisis/p12608

http://www.cnbc.com/2016/02/11/pollution-crisis-is-choking-the-chinese-economy.html