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- Information Markets and the Future of Media
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Information Markets and the Future of Media
Mike Linksvayer of Creative Commons kicked off the Future of Media Summit in SF by proposing the critical question on how information markets will be used in the creation, use and syndication of media in the future.
In a hyper-differentiated media market, where consumers are producers, and long-tails abound, how will crowd wisdom help in sensemaking?
Information markets or knowledge exchanges are the development, application and wide usage of market-based mechanisms for resolving questions of entertainment, science, media, journalism, technology, management, strategy, planning, public policy, etc.
Information markets are exploding worldwide. The Prediction Markets Cluster® is the open industry network for prediction and information markets.
Crowd wisdom makes an important impact to long tails and media ‘futures.’ Literally hundreds of new information markets for media are popping up everywhere.
The next triangulated deep-dive (tools, process, and theory) is Nov 2 in Vienna at the PM Summit – Europe.
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As John Maloney blogged * I mentioned the use of prediction markets to inform future of media strategies at the summit. If you don't know about prediction markets please skip over to the Wikipedia article and Chris F. Masse's industry... Read More