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CTV News: Arrests on YouTube and the Housing Bubble

— July 9, 2012 — About
Chief Trend Hunter and innovation keynote speaker Jeremy Gutsche has built his livelihood on helping others stay up-to-speed with relevant patterns and news in the face of chaos, so who better to discuss arrests on YouTube, a potential Internet access-blocking virus and the housing bubble than him? Gutsche appeared on CTV news today to discuss and dissect these issues.

Those who are familiar with Jeremy Gutsche's keynote speech and award-winning book know that he advises his clients to "exploit chaos" -- one man from the Greater Toronto Area named James Bishop has taken this saying to heart. According to the Toronto Star, Bishop is suing the Toronto Police for what he calls a "brutal display of force" during arrest, which he caught on film and uploaded to YouTube. The video gained around 50,000 views and 500 comments, likely encouraging his case against the nine policemen involved in the incident and proving the power of social media.

But what would happen if social media were inaccessible? A computer virus dubbed the 'DNSChanger Virus' threatens to halt access to the Internet this Monday. The Gaston Gazette reports the virus will redirect users to fraudulent sites by changing the domain name servers of web users' desired destinations. The hackers allegedly hail from Estonia, and have allegedly infected "more than 277,000 computers worldwide, including about 64,000 computers in the U.S.," according to the Gaston Gzette and Associated Press. As a public speaker whose keynotes regularly address the power of the Web, Gutsche believes the effect of this virus will be exponential unless one is fully prepared.

Though the World Wide Web has made virtually any information available at the click of a button, it seems there are some things the modern consumer still does not fully understand. The Globe and Mail reports that almost half of Canadians don't know new mortgage rules. Contributor Michael Babad speculates that this "may be one of the reasons consumers are carrying record debt burdens" -- alarming, considering many, including Bank of Canada Governor Mark Carney, see an inevitable rise in interest rates on the horizon.
Trend Themes
1. Arrests on Youtube - Opportunity for police departments to improve their handling of arrests and utilize social media as a platform for justice transparency.
2. Internet Access-blocking Virus - Potential for cybersecurity companies to develop innovative solutions to combat DNSChanger Virus and protect users from fraudulent sites.
3. Lack of Understanding of Mortgage Rules - Opportunity for financial institutions and educational organizations to provide better education and transparency around new mortgage rules to prevent consumer debt burdens.
Industry Implications
1. Law Enforcement - Disruptive innovation opportunity for law enforcement agencies to adapt their procedures to the age of social media and video evidence.
2. Cybersecurity - Rapidly-growing industry with an opportunity to develop advanced cybersecurity solutions to protect users from internet access-blocking viruses and other online threats.
3. Finance and Education - Opportunity for financial institutions and educational organizations to collaborate and provide comprehensive education on mortgage rules to improve financial literacy and prevent debt burdens.
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