Collective action of large numbers of people working independently on a single project to produce shared understandings and outputs
With greater diversity also comes a greater collective intelligence Crowds can be a powerful force and can influence the outcomes of many events. Harnessing crowd power in business can bring disproportionate benefits. Unlike employees, a randomly drawn crowd does not...
Much of the work and focus in the circular economy is based around disrupting standard linear economy business models of “take-make-waste” to ones where higher proportions of resources can be recycled with minimal disposal. Through using waste as a resource to be...
Market analysts have been stunned by the crowd-power of an army of day traders that was able to push a stock price way beyond conventional valuation measures and inflict huge losses on hedge funds. Hedge funds are part of the investment banking industry, and regarded...
How each of us has coped with the Covid-19 pandemic has shone an unblinking spotlight on our actions. Whether as a high risk front-line worker or a person who has been self-isolating, a government or corporate decision-maker, an employer or an employee, old or young,...
It is fascinating to see how different leaders choose to deal with a crisis like the coronavirus outbreak. Let's compare three approaches: the “Populists,” the “Believers” and the “Proactives.” The Populists Solutions put forward by populist leaders who mobilised “the...
AI technology is increasingly used to open up new horizons for scientists and researchers. It enables analysis of masses of data much faster than humans can manage, identifies deep trends and patterns that could be indiscernible to human analysts, and can better keep...
Nine years ago, I summed up 2010 as “the year that crowdsourced transcription finally caught on.” This seems like a good time to review the big developments in the field over the decade that 2010 launched. What the field looked like in 2010 It’s interesting to look...
The originally anonymous creator of a Facebook spoof has gone public to explain he meant the storming of Area 51 on September 20 – “to see them aliens” – as a joke. What got him to break cover was 1.9 million people (so far) clicking to say they’re going, with a...
PARTICIPATION = SATISFACTION In 1996 Jerry Maguire, an aspiring sports agent, repeated a four word request to his first and only client: "Help me help you!" And you know where that got him. The feedback gave him the direction he needed to become the one of the...
The blockchain discussion is often focused on the financial benefits – indeed, you can often catch new folks interchange “bitcoin” and “blockchain” in common conversation. The impact, though, will go well beyond fiat currencies and business markets. One of the...
Horizon State has leveraged blockchain’s immutable distributed ledger technology to redesign the way that opinion is solicited, votes are cast, and collaborative decisions are made. Horizon State reshapes interactions between the public sector, wider businesses and...
We’ve had one of the oldest crowdsourcing examples right under our nose. We vote every single day, whether it is an election of our next world leader, a response to “What do we want to eat?” at the family dinner table, or among a circle of tribesman vocalizing our...
How do you scan an area of 305,000 sq km (118,000 sq mi)? This was the challenge for several countries in 2014, trying to solve the mystery of the lost Malaysia Airlines Flight 370. Tremendous effort and resources were put into finding the airplane’s remains,...
The location of our CSW Summit in October 2017, Seattle in Washington state, USA, has a reputation as a place where movements begin. The modern coffee bars, underground music, grunge – all began in Seattle. Major corporations including Microsoft, Amazon and Boeing are...
Crowdsourcing can reduce costs, speed up project timelines, tap in to crowd intelligence and creativity, and engage citizens at all levels of corporate and government processes. It’s not just for new startups, iconic organisations including NASA and GE have specialist...
Peter Diamandis is saying: 99.999% of people don't understand or appreciate the ramifications of what is coming and I agree 100% here. Innovation is the essential component when we are considering how to solve the world’s biggest challenges, and the best place to...
Why CSW chose Swedish Lapland for its Summit in March Sweden is recognised as a nation at the forefront of the sharing economy, stemming from an inherently high level of social consciousness and supportive government policies that even allow tax breaks on repairs to...
Crowdsourcing is transforming many critical areas of our lives, and there is none more important than how we generate energy. Due to the energy trilemma of insecurity of energy supply, increasing carbon emissions and unstable energy costs, many individuals and...
In my last post I looked at some of the technologies that are ushering in the decentralized energy revolution, such as cheap solar power, home batteries and the blockchain. But there’s another type of battery that could also change the way we store and use energy –...
For many of us, it's possible when we think of 'Crowdsourcing' what comes to mind is the Kickstarter of an exciting cause or product that we recently contributed financially to (often to support a friend whose involved in it) after seeing it promoted on social media....
No doubt you've heard about crowdsourcing. What you might not realize is the power of crowdsourcing that can accelerate innumerable processes and innovations more efficiently—especially in the next two years, when another billion brains will join networked computers...
The shift to the crowd economy is already here. As we count the weeks before the Crowdsourcing Week Europe 2015 (#CSWEurope15), we are thrilled to announce our very first #CrowdChat session with one of our speakers, Haydn Shaughnessy on September 15 at 8:00 PM CET....
It’s a good thing I’m not easily discouraged. In 2009, when I was sowing the seeds for what would become Crowdsourcing Week, a vehicle to enable dialogue and knowledge transfer on the principles of crowdsourcing, I read a piece titled, The Myth of Crowdsourcing, by...
Despite increasing invasions of privacy, we continue to share massive amounts of our personal data online. Yet only an elite few are reaping benefits from all the data we share. Is it possible to unlock the power of data to provide everyone with greater access to its...