gig-economy

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...

The Decade in Crowdsourcing Transcription

The Decade in Crowdsourcing Transcription

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...

A Guide to Financing a Book Through Crowdfunding

A Guide to Financing a Book Through Crowdfunding

A lot of new authors now are choosing to finance their e-book and cover their expenses throughout the writing process thanks to a crowdfunding campaign. You might be wishing you could write full-time but you couldn’t leave the stability of a paying job. The good news...

New for 2020: Investors Tapping into Crowd Intelligence

New for 2020: Investors Tapping into Crowd Intelligence

Crowdsourcing is proving to be the belle of the ball for attracting the attention of investors and sharing potential funding opportunities. Peer to peer lending has reached $25 billion while equity funding raised $2.5 billion through crowdsourcing. In the last five...

Crowdsourcing to Improve Food Production and Recycle Surplus

Crowdsourcing to Improve Food Production and Recycle Surplus

Projections show that feeding an estimated world population of 9.1 billion people in 2050 will require raising overall food production by some 70% from 2005/07 levels, reported the High Level Expert Forum – How to Feed the World in 2050. This prompts an imminent need...

An Inspiring Book Can Be a Perfect Personal Treat or Gift

An Inspiring Book Can Be a Perfect Personal Treat or Gift

For many of us it’s the time of year when thoughts turn to gift-giving. Gifting a book to someone shows you have thought about their particular interests and searched for something that suits them as an individual. And a message in the book itself customises your gift...

A Snapshot of Crowdsourcing in Asia

A Snapshot of Crowdsourcing in Asia

When considering crowdsourcing across an entire continent, this can be only a cross-section of what has caught our attention. The selected examples have been chosen to show the flexibility and almost ubiquitous nature of crowdsourcing as a powerful tool for aims...