Tag Archives: crowdfunding


Kony 2012: the crowd to the rescue?

Posted on by Ville Miettinen

Share Unless you’re a solitary hermit with no Facebook friends, you’ll have seen the Kony 2012 film , which racked up an astonishing 70m hits in its first week. You may also have heard the criticisms of Invisible Children, the charity behind the film, and read the charity’s response to its critics.

Leaving aside these issues, the nature of the campaign and its …

Tags: Africa crowdfunding crowdsourcing Facebook google Invisible Children Joseph Kony Kony Kony 2012 microtask microwork Uganda

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When stupid beats smart: the power of collective ignorance

Posted on by Ville Miettinen

Share The human brain is an amazing thing. A few pounds of gray matter has taken us from eating bananas in the trees to walking on the moon (it’s also brought us LOLcats, the Car Laptop Tray and Maailmanennätys muurahaispesässä, but still: the moon). With our heads filled with crackling synapses, it’s easy to feel smug about our computational prowess.

But if the …

Tags: crowdfunding crowdsourcing Hertwig List of cognitive biases microtask microwork Ralph Hertwig Rick Santorum Tennis Thomas Carlyle Wikipedia

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Banking on one another: Can the crowd save itself from the banks?

Posted on by Ville Miettinen

… The exchange begins with borrowers proposing an amount they want to borrow. Then, much like crowdfunding, lenders contribute to the loan until it reaches its goal and the borrower gets their money. Some companies like RateSetter automatically link lenders and borrowers by the rates they want. Others like Funding Circle, which specializes in funding for small businesses, allow lenders greater control.

Despite their growth, peer-to-peer (P2P) lending only accounts for around $270 …

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Crowded planet: desperately seeking sustainability

Posted on by Ville Miettinen

Share According to the latest UN figures , there are now over 7 billion people living on planet earth. In response, the world’s media has exploded with dire predictions of famine, war and climate disaster (and some great info-graphics ). Of course, in Finland over-population is hardly a major problem (except for reindeer and right-wing politicians ). But we’re probably …

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Crowdsourcing democracy: was the Arab Spring over-hyped?

Posted on by Safia Bhutta

… This year, crowdsourced journalism has really “hit the headlines”. From journalists crowdfunding their own investigations, to The Guardian newspaper crowdsourcing its editorial policy.

Of course, the biggest crowdsourced news scoop of 2011 is the Arab Spring. From Morocco to Bahrain, citizens risked their lives to film, tweet and blog real-time on-the-ground reports. In the West, over-excited tech commentators discussed the great “social-media revolution”. Yet, six …

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