I work in technology and my brother is an investment banker at a large firm on Wall Street. We often have discussions about the two always-relevant industries and how they relate to one another.
Question(s) for you: Within the last decade, advances in technology & social media & elsewhere have led to a dramatically increased amount of information available to the general public (legally or not; leaked or otherwise). This often means insight into business practices that have, historically, been kept behind very closed doors. Do you think that technology's current trend toward an almost forced transparency will bleed into Wall Street, thereby curbing unethical behavior simply because public knowledge of some practices could be massively detrimental? Is this an unrealistic line of thought? Is Wall Street simply too powerful to be affected by public opinion?
habisch2 karma
I work in technology and my brother is an investment banker at a large firm on Wall Street. We often have discussions about the two always-relevant industries and how they relate to one another.
Question(s) for you: Within the last decade, advances in technology & social media & elsewhere have led to a dramatically increased amount of information available to the general public (legally or not; leaked or otherwise). This often means insight into business practices that have, historically, been kept behind very closed doors. Do you think that technology's current trend toward an almost forced transparency will bleed into Wall Street, thereby curbing unethical behavior simply because public knowledge of some practices could be massively detrimental? Is this an unrealistic line of thought? Is Wall Street simply too powerful to be affected by public opinion?
Thanks very much for your time.
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