Felix Salmon slams Wall Street Journals Justin Wolfers -but not Chris Masse.

Felix Salmon: […] And thirdly, if you&#8217-re Justin Wolfers, it&#8217-s probably smart not to make unhedged statements saying that Barack Obama has &#8220-better than a nine-in-ten chance of winning&#8221- the New Hampshire primary. […] Previously: Prediction markets are forecasting tools … Continue reading

Prediction Markets as Content, Part 2

Cross posted from UsableMarkets Back in April I started talking about how Prediction Markets will be part of many news organizations&#8217- &#8220-citizen-generated&#8221- content strategy going forward. To quote myself (which seems kind of a rude thing to do, doesn&#8217-t it … Continue reading

We don’t know whether Google approach to management, and in particular its approach to innovation, is a cause of its success or a product of its success.

Good point. […] Many of the most innovative and successful of Google’s new ser­vices are, in fact, ones it has acquired rather than created. Those include the hugely popular video-sharing service YouTube, the Weblog publisher Blogger, the virtual globe Google … Continue reading

Amateur Journalists (Bloggers) Vs. Professional Journalists (Media) Vs. Wisdom Of Crowds & Collective Intelligence (Wikipedia)

And the wisdom of crowds won, of course. That&#8217-s the conclusion I draw from reading Rogers Cadenhead at WorkBench, who assessed what would be the settlement of the LongBets wager on: In a Google search of five keywords or phrases … Continue reading

InTrades global warming prediction markets are more socially interesting than BetFairs ones.

InTrade has just opened (and not publicized yet on their site feed) a set of global warming prediction markets &#8212-more exactly, event derivative markets on whether the world&#8217-s biggest national governments will soon agree to reduce CO2 emissions under the … Continue reading