Our good doctor EJSS laughs at the Web 2.0″ concept on TechCrunch, but touts it as an essential part of the NewsFutures offerings on his website.

Emile Servan-Schreiber of NewsFutures:

[&#8230-] Also, the mere idea of a Web 2.0 makeover of prediction markets is laughable. To paraphrase a good ol’ song from the 90’s, prediction markets were web 2.0 before web 2.0 was cool.

Yeah, but Emile advertises his mastering of &#8220-Web 2.0 tools&#8221- on the NewsFutures frontpage &#8212-while Inkling Markets and HubDug don&#8217-t even mention the &#8220-Web 2.0&#8243- concept on their frontpage (I checked).

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Here&#8217-s a screen shot of the NewsFutures website:

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NewsFutures Web 2.0

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Care to revise your TechCrunch statement, doc?

MP3 file

Read the previous blog posts by Chris. F. Masse:

  • Pervez Musharraf prediction markets –Eric Zitzewitz Edition
  • The Over-Round Explained
  • WHY THE PREDICTION MARKETS WILL LIKELY F**K UP SUPER TUESDAY 2008.
  • Still unconvinced by prediction market journalist Justin Wolfers
  • Oprah Winfrey
  • RIGHT-CLICK THIS IMAGE, AND FILL IN THIS SURVEY, PLEASE.
  • Papers on Prediction Markets