Collective Intelligence

What Problems Does Bitcoin Solve?

What Problems Does Bitcoin Solve?

Bitcoin’s halving, its third, on May 11 2020 put it back in the news - as if it’s ever far away - and means Bitcoin miners now receive 6.25 bitcoins. We decided to use this event as an opportunity to remind ourselves of the fundamental tenets of this cryptocurrency...

Managing Pandemic-Proof Payables for Digital Marketplaces

Managing Pandemic-Proof Payables for Digital Marketplaces

COVID-19 is going to be a generation’s shared memory, with its disruptive and generally negative effects. The lockdowns are increasing the size of the gig-economy workforce as some furloughed workers transition to a temporary income from any of the most in-demand jobs...

From Lecture Theatres to Living Rooms: the New Normal of Education

From Lecture Theatres to Living Rooms: the New Normal of Education

While the COVID-19 pandemic has sparked an immediate need for online education, it has also triggered the unbundling of the entire education industry. This, coupled with learner demands for flexible formats, will mean that the digital transformation that we’ve all...

CSW’s Virtual Crowd Summit Summary, 7 May 2020

CSW’s Virtual Crowd Summit Summary, 7 May 2020

Attendees at our first Virtual Crowd Summit experienced an international panel of speakers discussing and sharing how crowdsourcing-led techniques and models can help organisations. Help them to not only face up to the economic and operational implications of the...

Why Rewards Crowdfunding Matters

Why Rewards Crowdfunding Matters

Rewards crowdfunding matters because of the part it is playing in moving us from where we are today, to where we need to go. The world is facing unprecedented challenges - environmental, economic, and social. One only needs to turn on the news to see the vast array of...

Crowdsourcing IT Security During The COVID-19 Pandemic

Crowdsourcing IT Security During The COVID-19 Pandemic

The threat of cyber-attacks has risen in the current COVID-19 pandemic, with many company employees working remotely and outside centralised company security systems. Now even small companies need access to experts in cybersecurity and penetration testing on an urgent...

What is Crowdsourcing, and How Can it Add Value to Your Enterprise?

What is Crowdsourcing, and How Can it Add Value to Your Enterprise?

Since the 2004 publication of James Surowiecki’s highly influential book, The Wisdom of Crowds, the idea that large groups of people can be smarter than a few individuals, no matter how brilliant, has been gradually gaining prominence in academic circles, business...

A Crowdsourcing Rallying Cry to Harness the Power of Crowds

A Crowdsourcing Rallying Cry to Harness the Power of Crowds

History shows that crowdsourcing is not new. Today, a proliferation of open innovation platforms encourages skilled experts throughout the world to compete for cash and status by offering solutions to an array of prize challenges, whether as individuals or as...

Cryptocurrency in the Time of COVID-19

Cryptocurrency in the Time of COVID-19

The global threat of COVID-19 has crippled the travel and tourism industries, tested the world’s capacity to respond to massive and rapidly growing healthcare challenges, and forced many other industries to adapt to the times lest they sink under the weight of “the...

Same Coronavirus Threat, Different Responses Around the World

Same Coronavirus Threat, Different Responses Around the World

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...

Open Innovation Platforms Are Like An Airbnb For Brains

Open Innovation Platforms Are Like An Airbnb For Brains

"An open innovation platform shares human brains and ingenuity like Airbnb shares spare accommodation." These are the words of Christian Cotichini, co-founder and CEO of the HeroX innovation platform. There is growing recognition among organization leaders that...

7 Steps to a Successful Open Innovation Prize Challenge

7 Steps to a Successful Open Innovation Prize Challenge

More and more organizations are recognizing the benefits of open innovation challenges as a means to tap in to the collective wisdom of many people outside of their own employees or other regular sources. Solutions can be surprisingly different from people outside of...

The Need for a Circular Economy-Based Global Construction Industry

The Need for a Circular Economy-Based Global Construction Industry

A fundamental tenet of the sharing economy is to use resources more efficiently. At a time when all of us as individuals are increasingly asked to consider our use of air travel, single-use plastic products, and turning down room temperatures, the construction...

Using Crowdsourcing to Combat Coronavirus

Using Crowdsourcing to Combat Coronavirus

To combat spread of the coronavirus, this week the Italian Government announced a lockdown of an area in northern Italy that is home to 16 million residents. That has very quickly been extended and the entire population of Italy is being asked to stay indoors. Only...

Crowdsourcing Citizen Scientists to Feed Scientific Developments

Crowdsourcing Citizen Scientists to Feed Scientific Developments

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...

AI is Powering Breakthroughs in Many Markets and Sectors

AI is Powering Breakthroughs in Many Markets and Sectors

Debates on the benefits of and threats from artificial intelligence are moving on. Projections of mass unemployment due to the loss of routine work are becoming more balanced by realisations that maybe 65% of children in primary school today are going to have jobs...

BOLD // Crowd 2.0 Powered by AI and Machine Learning

BOLD // Crowd 2.0 Powered by AI and Machine Learning

This is our theme for Crowdsourcing Week in 2020:  BOLD // Crowd 2.0 powered by AI and Machine Learning. It’s where crowdsourcing takes a major transformative step rather than a series of incremental ones. At the same time as recognizing crowdsourcing as a business...

I’ll Sadly Miss Two Leaders in the World of Innovation

I’ll Sadly Miss Two Leaders in the World of Innovation

With sad regret I have recently seen the passing of two people who left an indelible mark both on the world of innovation and on me personally. Academic, business leader, author and “management guru” Professor Clayton Christensen, and serial entrepreneur Leila Janah,...

Can Crowdsourcing Influence Building Design More Than Architects?

Can Crowdsourcing Influence Building Design More Than Architects?

I learned recently that architects are involved in only 2% of the newly constructed built environment in the UK. A week later, a report released based on a housing design audit for England that had examined over 140 housing developments built since 2007 revealed that...