Tag Archives: Facebook features

Predicting the Facebook IPO: The crowd gets it wrong

Posted on by Ville Miettinen

… excess of confidence can be a dangerous thing. As Mark Zuckerberg ponders the jagged descent of Facebook’s share price and industry analysts scramble to explain the social network’s woes, the aura of optimism that heralded the Facebook IPO has evaporated.

So how did it all go so wrong? One clue may lie in the crowdsourced prediction site FacebookIPODayClosingPrice.com. The site was created in response to a suggestion by venture capitalist Chris Sacca that someone should create a …

Tags: Chris Sacca crowdsourcing Facebook Facebook IPO FacebookIPODayClosingPrice.com Initial public offering Mark Zuckerberg microtask microwork Prediction Twitter

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From millions of tasks to thousands of jobs: Bringing digital work to the developing world

Posted on by Vili Lehdonvirta

… titled Knowledge Map of the Virtual Economy.

According to the report, microwork has several features that make it particularly accessible to people in developing countries. Most tasks require few skills or qualifications, as they rely on the fact that humans are inherently better than computers at tasks like image recognition and natural language processing. Microwork is relatively disintermediated, meaning that it is not necessary to find employment at a local business process …

Tags: Bank crowd crowdsourcing eBay Facebook Funding Circle Loan microtask microwork Person-to-person lending RateSetter

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Google+, Twitter, Facebook: the new capitals of crowdsourcing?

Posted on by Tommaso De Benetti

… concept seems like a truly innovative feature and could be what distinguishes G+ from rivals Facebook and Twitter.

Spheres of influence

G+ circles allow users to divide contacts into separate “watertight” compartments. Google combines the idea of sharing with friends (as in Facebook lists) with the possibility of gaining followers (see Twitter). Of course, it can get a bit tricky when selecting who sees what but that’s easily fixed with a bit of careful contact sorting (or, …

Tags: crowd crowdsourcing dilbert Facebook google microtask microwork Online Communities Social network Twitter Ville Miettinen

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Down on MyFarm: gamification goes rural

Posted on by Ville Miettinen

… rural corner of the outside world).

From a strictly game-development point of view, MyFarm’s features are pretty rustic. No scoreboards, no clear narrative progression, no “juicy feedback”. The project also breaks one of the golden rules of gamification: players should always progress and never completely fail. In MyFarm, total failure is a very real possibility. There might be a drought, the soybeans might not sell, the site might get hijacked by vegetarians who vote to set all the …

Tags: Agriculture Cambridgeshire crowd crowdsourcing distributed work Facebook Farmer Farmville microwork san francisco

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Crowdsourcing vs privacy: do we know too much?

Posted on by Tommaso De Benetti

… Geotagging is a prime example. 2011 is set to be a breakthrough year for Geotagging apps, with Facebook Places, Foursquare and Gowalla all eager to grab the biggest share of the market. But, though it might be a good way to score cheaper Starbucks, playing with virtual maps has hidden dangers.

In an earlier blog post we discussed how a group of over-enthusiastic baseball fans used Foursquare to organize a riot in San Francisco. Influential blogger Aaron Strout has also voiced …

Tags: crowd crowdsourcing Facebook Facebook features foursquare iPhone Justin Bieber Louis Kronenberger microtask microwork Privacy san francisco

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