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  • Mike Malina

Mike Malina

1 year ago

in crowdsourcing on brip blap
You mention Hollywood Stock exchange, but what they're doing at Media Predict is more interesting (www.mediapredict.com).

They've gotten media companies to use a market system to actually put out content. So the crowd takes the role of editor, A&R rep, and more.

I think market-based investment systems are the way to go for crowdsourcing. Mere voting (like at Digg) isn't a good way to drive decisions -- people have no incentive to give good information.
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