Discover the impactful ways crowdsourcing – the practice of engaging a ‘crowd’ or group for a common goal, often for innovation, problem solving, or efficiency – is being applied on many different levels and across various industries.
It was an article published by the Harvard Business Review that stated: “In practice, most crowdsourcing initiatives end up with an overwhelming amount of useless ideas.” Everyone’s entitled to their own opinion, though we thought we’d outline some of the top...
The meteoric rise of ChatGPT has taken the tech world by storm. It has thrown a spotlight on the whole generative AI sector, and disrupted the creator economy. Let's just be clear what we mean by the Creator Economy: it refers to the business of supporting and...
Prize challenges have become increasingly popular as a way to spur innovation and solve complex problems in various industries, including technology, healthcare, environment, and social impact. In the future, organisations may use more data and analysis to design...
Crowdsourcing can be a useful way for training AI and deep learning models by harnessing the collective intelligence and abilities of a large group of people. The general idea is to outsource tasks that would otherwise be performed by a small group of experts to a...
Crowdsourcing in Web3 refers to the decentralised process of obtaining goods or services from a large, undefined group of people via the internet, rather than from traditional employees or suppliers. The role of crowdsourcing in Web3 is to empower individuals and...
Crowdsourcing supports entrepreneurs by helping them to be more efficient, effective and successful in developing and growing their businesses. It supports entrepreneurship in several valuable ways, including validating and improving an initial idea, generating...
Our theme for 2023 is the Creator Economy, and how it sits in the context of Crowds, Collaboration, Communities and Connectors. The start point for this is that millions of ordinary people take advantage of opportunities to create the content that we consume online....
Crowdsourcing has been used in the development of the Internet of Things (IoT) in a variety of ways, including gathering data, testing and improving products, and generating new ideas. Some examples of big companies that have used crowdsourcing in the development of...
Few people in developed economies remain untouched by the gig economy. Whether that’s directly through working in it (like 3 in 20 of UK working adults), receiving deliveries at home, taking an Uber or something similar, or working with an outsourced service provider....
Our Head of Content, Clive Reffell, caught up with the co-founder and director of CrowdInvest, Nakul Garg. It is a new cross-border equity crowdfunding platform that will begin trading in the UK in Q4 2022. Nakul is creating a win-win: through Crowdinvest, Indian tech...
The use of AR/VR technology in online gaming has given more people than any other experiences an idea of being in the metaverse. It’s an immersive 3D world of interaction, taking place in any designated or chosen location. AR and VR tech is already transforming...
We often use the phrase “the power of the crowd,” many people do. In a world of heightened concern over sustainable energy sources and carbon reduction, some startup enterprises are making the phrase a literal reality. They are harnessing power generated or physically...