daguti + crowdsourcing   26

When Does the Wisdom of the Crowds Turn Into the Madness of the Mob? — NOVA Next | PBS
When we work in groups, we tend to influence each other and therefore, the group tends towards unconscious concensus, which dilutes the value of the crowd. The best way to work in a crowd is to have independent answers, aggregated and averaged. Too many experts in a group can hobble the group because of the aforementioned concensus as well as the fact that they have too much specialized knowledge. Diversity (of experience, background, etc) in groups trumps independence of thought.
crowdsourcing  groups 
july 2014 by daguti
Jennifer Healey: If cars could talk, accidents might be avoidable | Video on TED.com
Not strictly self-driving car related, but it's about cars sharing data. Sort of a crowd-sourced map of car speeds and positions.
tedtalks  crowdsourcing  cars-self-driving  cars-driving 
april 2013 by daguti
Can the Internet Replace Big Banks?
For centuries, banks have enjoyed the exclusive privilege to put money into the world. This operating system was set in motion in the Late Middle Ages, as a way of slowing down a rising middle class and its peer-to-peer, almost Burning-Man-like marketplace.
history-business  history  long-term-thinking  crowdsourcing  money  banks  currency 
march 2013 by daguti
Triumph of the Nerds: Nate Silver Wins in 50 States
crowdsourcing, data-amalgamation = "We’ll see more about that kind of model, and less stories about individual polls, which are almost always misleading unless you aggregate them."
crowdsourcing  data-amalgamation  mathematics  data-mining  election-2012-presidential  large-systems 
november 2012 by daguti
Crowdsourced Online Advertising Specialists | Trada Crowdsourcing
business-ideas-niche = Could make some money running PPC campaigns for people. Would also be a good way to test out some theories.
business-ideas-niche  crowdsourcing  tools  google-adwords  marketing-tactics--ppc 
august 2012 by daguti
Why the Web 2.0 and media elite are so upset about paying amateurs (or "I'm sorry, does Mike Arrington work for free?") - The Jason Calacanis Weblog
THIS IS DIRECTED SQUARE AT ROB: THIS ARTICLE SOUNDS LIKE YOU WROTE IT.
TALKS ABOUT WHAT YOU WERE SAYING THAT PEOPLE TEND TO PUT MORE TIME INTO
THINGS THAT THEY GET PAID FOR.
business  business-ideas  money  blogs  crowdsourcing 
july 2006 by daguti
Slashdot | Idea Stock Exchange
The New York Times has an interesting article on an interesting business strategy used by a company called Rite-Solutions. The system recognizes the need for harvesting ideas from the entire company instead of just one or two "idea-men" in a stock-market-
tools  stock-exchange  crowdsourcing  business-ideas  marketplace  stocks  management 
june 2006 by daguti

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