WOW. This is big.
[...] Finally, demand estimation is too important to be left entirely to experts.
Companies such as Google Inc. are harnessing the power of prediction markets — which gather information from a large number of participants — to generate useful forecasts.
There’s no reason why governments can’t do the same.
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Great idea.
Let’s shame the 95% of Fortune-500 companies for not using enterprise prediction markets.
- Shame on you, McDonald’s, for not using enterprise prediction markets.
- Shame on you, Nike, for not using enterprise prediction markets.
- Shame on you, Conquest Capital, for not using enterprise prediction markets.
- etc. etc. etc.
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