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Crowdsourcing, Crowdfunding, X Prizes – 7 Billion Minds Put to Work

Posted on January 14, 2013

There has never been a better time in history for us to become collectively engaged in addressing the challenges humanity faces including climate change, energy, food production, social, religious, national and political unrest, space and more.

That’s because the Internet and mobile telephone networks have made the sharing of collective knowledge ubiquitous. For many parts of the world this level of connectivity and abundance of shared knowledge is uncomfortable, particularly those areas under authoritarian rulers. In some cases religious leaders have felt threatened to the point of demonstrating Luddite behaviour. For those trying to hold back the rushing of water over their crumbling dams let me assure you the volume and speed will only increase as the years go by.

We are witnessing an unparalleled disruption as technology spreads around the planet. This is making us even rethink the definition of nations because an Internet-linked humanity is breaking down borders as ideas get freely shared. Today we have the mechanisms in place for group think, global problem solving, and all the benefits that entails. As the century unfolds we will see a very different world arise.

Group problem solving comes in a number of flavors. There is the free. There is learning at a small premium. Then there are challenge sites that reward participation in problem solving. Above that you find sites that invite you to help achieve a goal by contributing cash, and finally there are prizes for solving big problems while taking all the risks.

Read more: Crowdsourcing, Crowdfunding, X Prizes – 7 Billion Minds Put to Work | World Future Society.

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