Tag Archives: Prediction
June 6, 2012
… 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 forum where pundits could register their predictions before the big day. Although share markets are notoriously irrational, in a way it makes a lot of sense. Who better to predict something based on the whims of a crowd than a crowd? …
Tags: Chris Sacca crowdsourcing Facebook Facebook IPO FacebookIPODayClosingPrice.com Initial public offering Mark Zuckerberg microtask microwork Prediction TwitterChris Sacca, crowdsourcing, Facebook, Facebook IPO, FacebookIPODayClosingPrice.com, Initial public offering, Mark Zuckerberg, microtask, microwork, Prediction, Twitter | Leave a comment
August 1, 2011
… prices rose; after an anxious day, they fell. Dr Bollan is reported to have licensed his Twitter-prediction method to a London hedge fund (and so will presumably be retiring to a Caribbean island very soon).
So far, Twitter experimenters have relied on relatively simple language-processing software to extract data from tweets. To get deeper insights, you need to do deeper analysis. The trouble is that human language is notoriously difficult for machines to interpret. …
December 2, 2010
On the surface, crowdsourcing and the environmental movement seem like a perfect match. By mobilizing the masses and directing their collective skills towards a problem, crowdsourcing should be a powerful weapon in the fight against threats such as global warming (or, for those who live in recently freezing Helsinki , the challenge to speed global warming up). So why does it …Al Gore, crowd, crowdsourcing, crowdsourcing platform, distributed work, fees, Global warming, Greenpeace, Helsinki, IBM, iPhone, Oxford University, samasource, speed limit, txteagle | 2 Comments
July 17, 2010
… future, it will no longer be possible to distinguish work from play. Rather than repeat the same prediction, I would like to use this essay to put forward an even more radical idea: it never was possible to distinguish work from play in the first place.
The meaning of work
The common sense way to distinguish between the two concepts is that work is productive, whereas play or consumption is unproductive, even destructive, as it consumes value created through work. This view was …