""I was wearing my Apple watch, and I was thinking about all this health stuff, and now I've gone very mechanical. I'm like, 'I don't want to see it,'" Tenev said in an episode posted Thursday. "I kind of know when I haven't slept well, so I don't need the device. I'm becoming more of a Luddite as we keep rolling out more business lines.""
""While the term 'Luddite' is sometimes used to refer to a person who opposes new technologies, it stems from a 19th-century English labor movement in which workers damaged new machinery to protest against wage reductions and unemployment. More recently, some Gen Zers - including the Luddite Club - have adopted the term while encouraging their peers to form healthier relationships with smartphones, social media, and technology.""
Vlad Tenev stopped tracking his blood pressure and reduced use of his Apple Watch, describing a shift toward being more of a Luddite as Robinhood expands. The term Luddite originates from a 19th-century labor movement in which workers damaged machinery to protest wage reductions and unemployment, and some Gen Z groups now use the term to promote healthier relationships with technology. Robinhood, founded in 2013, offers trading in stocks, cryptocurrencies, options, and ETFs and helped popularize retail trading during the pandemic, including a role in the GameStop meme stock episode. Recent product expansions include index options trading, more account openings, and a finance-focused social media platform for sharing strategies.
Read at Business Insider
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