Too Long; Didn't Read
The GameStop incident is an anecdote of a larger phenomenon that will be more common in the future in the capital markets. The phenomenon has been developing for a while and manifested in multiple ways on the internet in recent years. It is a pivotal point in the journey to the future, says Nataraj. He says the phenomenon is common in religions but it took religions hundreds of years to spread the gospel, not 6–9 months. Religions didn’t have access to networks that enable the spread of data within seconds to every follower or future follower, and networks were not embedded with tools to vote for the beliefs of these networks.