Crowdsourcing is becoming the Web’s hottest buzzword. It could kickstart the next Web. Like blogging, Web 2.0, social networking and social media defined the last decade of the Internet, Crowdsourcing could shape the next. And it should.
Web 2.0 was all about the ‘social revolution’. Broadband, cheap laptops and smartphones allowed the masses to access free or nearly free software to converse and create. It unleashed the social media revolution we now depend on.
Traditional venture capital is at a Crossroads. The industry is still young by many standards, and like all spotty teenagers, it’s changing. The first and second generation of professional VC’s have learned a bunch of things, sadly most at the expense of the entrepreneurs they backed and the investors they sold.
Welcome to the crazy world of Ushahidi- a Crowdsourcing platform using geospatial information to aid social activism, encourage public accountability and increase citizen journalism.
The art world is a changing. Slowly, underground yet profoundly. The first 1,000 years of the art market was patron-centric. Call it Art 1.0: The patron – generally the aristocracy or church – owned the artists and ran their lives, wives and commissions. The artist was their decorator, creator and muse.
In 2006 Jeff Howe, a writer for Wired magazine, coined the term ‘Crowdsourcing.’ ‘Crowdsourcing’ represented the change in attitude towards the internet as solely a communication and research tool, into its modern day guise as a worldwide marketplace, a live business forum and a new-aged globalised workforce.