Employees talk about their internal prediction markets around the water fountain.

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Jenny Ambrozek:

A thread among the presenters [of the 2007 Consensus Point conference] was how prediction markets expand people connections in organizations. Through market participation employees from disparate parts of organizations discover unknown people with similar interests and unexpected talents. Market activity becomes a thread in employee conversations. Previously unrecognized expertise emerges through successful trading and listing on leader boards.

It makes people talk more together. Good. Now, are those internal prediction markets accurate and do they have useful predictive power? :-D

UPDATE: Justin Wolfers on the 2007 Consensus Point conference + Jed Christiansen on the 2007 Consensus Point conference

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