Web 2.0 Blog – Discovering Innovation Opportunities using Social Media

Posts Tagged ‘Crowdsourcing’

Does Social Media Require a Non-Monetarian Economic Theory?: Barter, Reputation, and Common Good Economics.

Posted by: Ken Fischer in: ● March 27, 2009

Economics, according to wikipedia, is the social science that studies the production, distribution, and consumption of goods and services.
Notice money is not mentioned. But the current theories of economics socio-economic (Kondratieff (Kondratiev), Schumpeter, Kuznets) , fiscal-economic (Keynesian / Monetarist) and political-economic (Libertarian/Austrian) theories are all based on monetary markets.
Well that makes sense because MOST [...]

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Mobsourcing vs Crowdsourcing: Can conformity occasionally make for a more reliable crowd?

Posted by: Ken Fischer in: ● December 26, 2008

In my last post I started to examine the claim of the cluetrain manifesto that a more networked audience is more intelligent or at least a better detector than an individual. The #Mumbai victim list twitter distribution illustrated 4 ways which a network can apply truth filters and 2 ways in which the [...]

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The Difference a Network Makes: #Mumbai Attack and Twitter demonstrate the changing behavior of a networked audience.

Posted by: Ken Fischer in: ● December 17, 2008

Note: I have not verified the list of the Mumbai victims referenced here nor do I take a stand on its authenticity, accuracy or morality. I think its a very interesting example of how a networked audience behaves differently than an non-networked audience.
The mention of the increasing intelligence of a networked audience is what really [...]

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