Next: The Future Just Happened
Description and Reviews
From The Publisher:
In Liar's Poker the barbarians seized control of the bond markets. In The New New Thing some guys from Silicon Valley redefined the American economy. Now, with his knowing eye and wicked pen, Michael Lewis reveals how much the Internet boom has encouraged great changes in the way we live, work, and think. He finds that we are in the midst of one of the greatest status revolutions in the history of the world, and the Internet turns out to be a weapon in the hands of revolutionaries. Old priesthoods—lawyers, investment gurus, professionals in general—are toppling right and left. In the new order of things, the amateur, or individual, is king: fourteen-year-old children manipulate the stock market and nineteen-year-olds take down the music industry. Deep, unseen forces are undermining all forms of collectivism, from the family to the mass market: one little black box has the power to end television as we know it, and another one—also attached to the television set—may dictate significant changes in our practice of democracy. Where does it all lead? And will we like where we end up?
A brave new world indeed...and who better to guide us through it than Michael Lewis, whose subversive, trenchant humor is the perfect match to his subject matter. Here is a book as fresh as tomorrow's headlines, and as entertaining as its predecessors.
From Publishers Weekly:
Putting an engaging and irreverent spin on yesterday's news, Lewis (Liar's Poker; The New, New Thing) declares that power and prestige are up for grabs in this look at how the Internet has changed the way we live and work. Probing how Web-enabled players have exploited the fuzzy boundary between reality and perception, he visits three teenagers who have assumed startling roles: Jonathan Lebed, the 15-year-old New Jersey high school student who made headlines when he netted $800,000 as a day trader and became the youngest person ever accused of stock-market fraud by the SEC; Markus Arnold, the 15-year-old son of immigrants from Belize who edged out numerous seasoned lawyers to become the number three legal expert on AskMe.com; and Daniel Sheldon, a British 14-year-old ringleader in the music-file-sharing movement. Putting himself on the line, Lewis is freshest in his reportage, though he doesn't pierce the deeper cultural questions raised by the kids' behavior. As a financial reporter tracing the development of innovative industries like black box interactive television and interactive political polling from their beginnings as Internet brainstorms, Lewis reminds readers that the twin American instincts to democratize and commercialize intertwine on the Internet, and can only lead to new business. In the past, Lewis implies, industry insiders would simply have shut out eager upstarts, yet today insiders, like AOL Time Warner, allow themselves "to be attacked in order to later co-opt their most ferocious attackers and their best ideas." (July 30) Forecast: Lewis's track record, a major media campaign and a 12-city author tour through techie outposts will make this hard to ignore. As a breezy summer read, it's fun enough, but those looking for profound business insights will be disappointed.
Copyright 2001 Cahners Business Information, Inc.
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About the Author
Michael Lewis is the author of several books, including the international bestsellers Liar's Poker and The New New Thing. He lives in Paris.
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