Web 2.0 Blog – Discovering Innovation Opportunities using Social Media

Posts Tagged ‘Wisdom of the crowds’

Is social media a KID FAD? A quick way to remember Surowiecki's requirements for successful collaboration

Posted by: Ken Fischer in: ● February 2, 2009

In James Surowiecki’s Wisdom of the Crowds he argues that for a collaboration to be successful it must have 6 elements:
Knowledge must exist in the audience
Independence of contributors
Diversity of opinion
Focused on compatible goal
Aggregation of information
Decentralized Process/Local Knowledge
I thought KIDFAD is a good way to remember since there are still people who think that is what [...]

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Social Media vs. Social Technology: Refining Definitions

Posted by: Ken Fischer in: ● January 4, 2009

The wikipedia entry has been updated since I wrote this post and now clearly seems define social media as content. So what about the technology? Can we call it social technology?
Is the technology used to post, read, sharecontent, improve navigation and relevance by making use of user behavior and input, the same as the content [...]

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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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