Crowdsourcing: A Million Heads is Better than One

The “wisdom of crowds” is a popular web 2.0 buzzword. At its most basic, the term means that two heads are better than one, and that still more heads will yield even better results. Crowdsourcing on the Web can be broken down in to three categories: 1. creation (like Wikipedia); 2. prediction (like Yahoo! Buzz); and 3. organization (like Google).

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