Crowd computing: Difference between revisions

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Revision as of 16:32, 10 September 2013

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{{more footnotes|date=August 2012}}

'''Crowd computing''' Is an overarching term which defines the myriad tools that enable idea sharing, non-hierarchical decision making and the full utilization of the world’s massive [[cognitive surplus]].”-the Examplesability of thesethe toolsworld’s (manypopulation fallingto undercollaborate theon Web2.0large, umbrella)sometimes includeglobal collaborationprojects. packages,<ref crowdsourcingname=undefined platforms/>Shirky, informationClay. sharingTED software,Talk suchJune as2010 Microsoft’shttp://www.ted.com/talks/clay_shirky_how_cognitive_surplus_will_change_the_world.html [[SharePoint]],Crowd wikis,computing blogs,brings alertingtogether systems,the [[socialstrengths network]]s, SMS, MMS,of [[Twittercrowdsourcing]], [[Flickrautomation]], and even[[machine mashupslearning]]. Business and society in general increasingly rely on the combined intelligence, knowledge, bandwidth and life experiences of the “crowd” to improve processes, make decisions, identify solutions to complex problems and monitor changes in consumer taste.

An early example of crowd computing was the discovery of a gold deposit ___location at the Moribund Red Lake Mine in [[Northern Ontario]]. Using all available data, the company, Goldcorp, Inc. had been unable to identify the ___location of new deposits on their land. In desperation, the CEO put all relevant geological data on the web and created a contest, open to anyone in the world. An obscure firm in Australia used their software and algorithms to crack the puzzle. As a result, the company found an additional 8 million ounces of gold at the mine. The only cost was the nominal [[prize money]] awarded.