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Showing posts from February, 2007

Web Coolhunting compared with Prediction Markets – Intrade.com

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Yesterday’s New York Times profiles Intrade.com, a prediction market and betting web site in Ireland. The article makes the point for the wisdom of crowds, where swarms of people putting their money where their mouth is are better in predicting outcomes of political elections than the official polls of TV stations and the like. For example, in the 2004 presidential elections, Intrade correctly predicted the outcome in all 50 states. For the 2008 elections, bets are on…… Hillary Clinton and John McCain as the Democratic and Republican frontrunners (see Intrade snapshots of yesterday) The article got me curious to see what the Web predicts. I ran a TeCFlow coolhunting query on the leading presidential contenders over the last 40 days. The results were somewhat different from Intrade: The first point to notice is that there is no clear frontrunner, at least by Web buzz. Hillary is not doing too well, John Edwards is spoken about more, while Mitt Romney displays a weakness attack even

How to kill Collaborative Innovation

According to today's New York Times Indonesia stopped giving its samples of the H5N1 avian flu virus to the WHO, instead selling it to US vaccine company Baxter. Indonesia has had more lethal cases of avian flu than any other country, about 70 in total. In the past, samples have been given to the World Health Organization, which has passed them on to research labs and pharmaceutical companies. If Indonesia does not change its mind, only Baxter will get the chance to produce a vaccine against this strain of avain flu - swarm creativity gets no chance here!