Prediction Markets = Collective Forecasting = Collective Intelligence That Predicts

ZDNET rides the prediction markets hype.

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Dion Hinchcliffe on applying the concept of “Enterprise 2″:

I’ve witnessed prediction markets in particular become enormously popular in the last year or so as enterprises seek to better tap into the cumulative wisdom of their workers.

If only 5% of the Fortune-500 firms are currently experimenting with an internal prediction exchange (betting exchange), then you shouldn’t use the words… “enormously popular”… yet.

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