Crowndfunding, an alternative to traditional startups funding models, is crowdsourcing the fundraising process by pooling the donations of many individuals. Based on the idea of the “wisdom of crowds”, crowdfunding promises fundraising that is more transparent, more collaborative, more accessible, and more global.
Hutch Carpenter in Spigit blog writes about the various models for running crowdsourced contests. He describes four models according to the different ways that crowdsourcing activities for gathering, filtering and selecting among the submissions of people are integrated.
Over the past decade, the rise of the Internet has enabled the emergence of surprising new forms of collective intelligence. Examples include Google, Wikipedia, Threadless, and many others.
In the attached presentation Socialized Innovation: Tapping into Motorola’s Collective Intelligence Rami Levy, who is a distinguished member of the Technical Staff, Technical Lead and Manager of Motorola Open Source Technologies (MOST) presents the innovative way that Motorola is evaluating the ideas that is collecting.
The Handbook of Collective Intelligence, hosted by the MIT Center for Collective Intelligence, provides a survey of the field of collective intelligence, summarizing what is known, providing references to sources for further information, and suggesting possibilities for future research.
MIT’s Center for Collective Intelligence basic research question is: How can people and computers be connected so that “collectively” they act more intelligently than any individuals, groups, or computers have ever done before?