Prediction Markets + Market Predictions = Collective Forecasting That Pays Off

Mechanical Turk grades The Economist’s news article on enterprise prediction markets

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Panos Ipeirotis:

economist-survey

Well, the average was a 5.8/10, meaning that the average detected sentiment was pretty much neutral with some hints on positivity.

I acknowledge this result, brought to us by research scientist and university professor Panos Ipeirotis… who, 5 minutes ago, was alerting us on the hard fact that Mechanical Turk is not so much of a reliable tool

Previously: Enterprise prediction markets… the next big thing —not.

7 Comments to Mechanical Turk grades The Economist’s news article on enterprise prediction markets

  1. March 6, 2009 at 8:50 AM | Permalink

    Chris, I hope that you just want to put some humor in your coverage, when you cite my post about the “unreliability” of Mechanical Turk.

    My post about the unreliability is about completion time (which is difficult to predict), *not* about the accuracy of the answers that we get back.

  2. Daniel Horowitz's Gravatar Daniel HorowitzNo Gravatar
    March 6, 2009 at 3:30 PM | Permalink

    Why do you wish to confuse and misinform your readers?

  3. March 6, 2009 at 4:30 PM | Permalink

    Kind of strange to claim that you are doing journalism here and, at the same time, try intentionally trying to give false impressions.

  4. March 6, 2009 at 4:31 PM | Permalink

    Kind of strange to claim that you are doing journalism here and, at the same time, try intentionally to generate false impressions.

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