Collaborative Economy

Browse posts about the Collaborative Economy, also known as the Sharing Economy – a collaborative economic model built around the sharing of human and physical resources by people & organizations.

Decentralization and Deglobalization

Decentralization and Deglobalization

Crowdsourcing Week’s Theme of 2022 I believe 2022 will be a pivotal year for how we live and work, and for many aspects of the crowd economy. Decentralization and deglobalization deliver a more even distribution of power in society, and it’s our theme in 2022. There...

A #1 Business Model of the Decade: the Crowd Economy

A #1 Business Model of the Decade: the Crowd Economy

Almost two years ago Peter Diamandis, the entrepreneur perhaps best known for being founder and chairman of the X Prize Foundation, wrote his prediction of seven business models that will capture and dominate the 2020s. At the top of his list was the Crowd Economy....

Crowd-based Trends in Innovation for Education

Crowd-based Trends in Innovation for Education

Education is going through a massive transition. A long-established structure, largely unchanged since the 19th century, has been forced to finally grasp 21st century technology, plus its attitudes and behaviours, at a comparative overnight pace. Different factors,...

How to 10X R&D Using Connected Innovation Intelligence

How to 10X R&D Using Connected Innovation Intelligence

At Crowdsourcing Week we champion the benefits of open innovation as a means to accelerate the development of breakthroughs, solutions and inventions. A growing number of organisations utilise open innovation platforms to go beyond in-house R&D teams, who work in...

Decentralized Autonomous Organizations are the Future

Decentralized Autonomous Organizations are the Future

DAOs, Decentralized Autonomous Organizations, provide a flat, secure and democratic structure for people to collaborate towards agreed aims. Think of them as computer-driven businesses without fatcat bosses, where the aims and codes of conduct are embedded in...

What is Open Innovation?

What is Open Innovation?

It’s possible to find different answers to this question of ‘What is open innovation?’ Though the majority agree it is a process that goes beyond an organization’s own R&D resources and enlists the support of outside help for innovation ideas to resolve...

The Crowdsourced World of Freelancing and Remote Working in 2025

The Crowdsourced World of Freelancing and Remote Working in 2025

Freelance jobs and the remote working future of work have already arrived for a large number of the online white-collar workforce. According to the World Economic Forum’s Future of Jobs report published in October 2020, 84% of employers are set to rapidly digitalize...

How to Use Crowdsourcing in Advertising

How to Use Crowdsourcing in Advertising

Advertising is one of many business disciplines being disrupted by the ease of crowdsourcing input from a range of remote though specialist advisers and expert freelancers. This is largely, though not exclusively, in the areas of creative design and production. Ease...

10 Business Sectors Where Top Open Source Platforms Have an Impact

10 Business Sectors Where Top Open Source Platforms Have an Impact

The term ‘open source’ refers to much more than just being able to use free software. In a nutshell, Open Source Software (OSS) is crowdsourcing applied to software development. The term originated when early software developers collaborated to learn from and with...

Top 10 Video Conferencing Platforms

Top 10 Video Conferencing Platforms

Video conferencing is one of the technologies that has advanced more in pandemic lockdowns than it would have done in years. Whether used for work meetings, for virtual events with perhaps many attendees, or for dislocated families and friends to get together and...

Top 10 Freelancing Platforms

Top 10 Freelancing Platforms

Skilled freelance jobs are booming, and it doesn’t matter whether your skill is in marketing, tech, design, law, logistics or accounting. More and more companies are turning to gig platforms to find skilled freelancers to fill a wide array of freelance jobs openings....

Top 5 Speech Recognition AI Platforms

Top 5 Speech Recognition AI Platforms

Speech recognition technology is a form of AI. Automatic Speech Recognition (ASR) enables machines to register a set of words they hear used in spoken language, match them to a text transcription, and then search multiple transcribed possible responses for the best...

“Power of the Crowd” Powered Sharing Economy IPO Successes

“Power of the Crowd” Powered Sharing Economy IPO Successes

This month, Airbnb and restaurant meal delivery service Door Dash floated on the US public stock market with resounding success, making immediate and spectacular gains. Then they fall back, and some commentators became alarmist, as if something was going wrong. Here...

How to Take Advantage of Crowdsourced AI Datasets from DefinedCrowd

How to Take Advantage of Crowdsourced AI Datasets from DefinedCrowd

Speech controlled apps and software, and voice recognition are swiftly moving from being a novelty to an everyday user expectation. Demand for voice-activated systems and devices is forecast to grow from what was a $9 billion market in 2017 to almost $32 billion by...

How Crowdsourcing Measures Can Tackle Mass Unemployment

How Crowdsourcing Measures Can Tackle Mass Unemployment

In the seven years since I launched Crowdsourcing Week the Covid-19 pandemic is undoubtedly the biggest, and most awful global phenomenon. The pandemic lockdowns announced by most national governments meant the worldwide pool of available skilled labor grew virtually...