Crowds predict accurately?

June 10, 2008 By

I liked meeting Predictify a lot. They use crowds to predict things, and quite accurately too. Their interview is up on FastCompany.tv. Their site says “don’t just read the news, predict it.”

This is one of those interviews when I expected to really be bored through it yet they kept telling me stuff and showing me stuff that opened my eyes to a new way of interacting with people on blogs and sites. I predict you won’t be bored.

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  • http://www.glowrich.com/ Melle Gloerich

    Hey Scoble,
    Well that’s the good old (2006) Crowdsourcing :)
    I actually used betting odds to predict the Euro 2008 results and had (amount of goals included) a perfect score for the first four matches, although ‘the crowd’ screwed it up in Day 3. I still expect big results using this method.

    I wrote something on the economy as a ‘product valuation’ crowdsourcing project on http://glowrich.com/?q=node/2 . What do you think about that?

  • http://www.glowrich.com/ Melle Gloerich

    Hey Scoble,
    Well that’s the good old (2006) Crowdsourcing :)
    I actually used betting odds to predict the Euro 2008 results and had (amount of goals included) a perfect score for the first four matches, although ‘the crowd’ screwed it up in Day 3. I still expect big results using this method.

    I wrote something on the economy as a ‘product valuation’ crowdsourcing project on http://glowrich.com/?q=node/2 . What do you think about that?

  • http://www.glowrich.com/ Melle Gloerich

    Hey Scoble,
    Well that’s the good old (2006) Crowdsourcing :)
    I actually used betting odds to predict the Euro 2008 results and had (amount of goals included) a perfect score for the first four matches, although ‘the crowd’ screwed it up in Day 3. I still expect big results using this method.

    I wrote something on the economy as a ‘product valuation’ crowdsourcing project on http://glowrich.com/?q=node/2 . What do you think about that?

  • http://www.glowrich.com/ Melle Gloerich

    Hey Scoble,
    Well that’s the good old (2006) Crowdsourcing :)
    I actually used betting odds to predict the Euro 2008 results and had (amount of goals included) a perfect score for the first four matches, although ‘the crowd’ screwed it up in Day 3. I still expect big results using this method.

    I wrote something on the economy as a ‘product valuation’ crowdsourcing project on http://glowrich.com/?q=node/2 . What do you think about that?

  • http://www.glowrich.com/ Melle Gloerich

    Hey Scoble,
    Well that’s the good old (2006) Crowdsourcing :)
    I actually used betting odds to predict the Euro 2008 results and had (amount of goals included) a perfect score for the first four matches, although ‘the crowd’ screwed it up in Day 3. I still expect big results using this method.

    I wrote something on the economy as a ‘product valuation’ crowdsourcing project on http://glowrich.com/?q=node/2 . What do you think about that?

  • http://www.glowrich.com/ Melle Gloerich

    Hey Scoble,
    Well that’s the good old (2006) Crowdsourcing :)
    I actually used betting odds to predict the Euro 2008 results and had (amount of goals included) a perfect score for the first four matches, although ‘the crowd’ screwed it up in Day 3. I still expect big results using this method.

    I wrote something on the economy as a ‘product valuation’ crowdsourcing project on http://glowrich.com/?q=node/2 . What do you think about that?

  • http://www.glowrich.com/ Melle Gloerich

    Hey Scoble,
    Well that’s the good old (2006) Crowdsourcing :)
    I actually used betting odds to predict the Euro 2008 results and had (amount of goals included) a perfect score for the first four matches, although ‘the crowd’ screwed it up in Day 3. I still expect big results using this method.

    I wrote something on the economy as a ‘product valuation’ crowdsourcing project on http://glowrich.com/?q=node/2 . What do you think about that?

  • http://www.glowrich.com/ Melle Gloerich

    Hey Scoble,
    Well that’s the good old (2006) Crowdsourcing :)
    I actually used betting odds to predict the Euro 2008 results and had (amount of goals included) a perfect score for the first four matches, although ‘the crowd’ screwed it up in Day 3. I still expect big results using this method.

    I wrote something on the economy as a ‘product valuation’ crowdsourcing project on http://glowrich.com/?q=node/2 . What do you think about that?

  • http://www.glowrich.com/ Melle Gloerich

    Hey Scoble,
    Well that’s the good old (2006) Crowdsourcing :)
    I actually used betting odds to predict the Euro 2008 results and had (amount of goals included) a perfect score for the first four matches, although ‘the crowd’ screwed it up in Day 3. I still expect big results using this method.

    I wrote something on the economy as a ‘product valuation’ crowdsourcing project on http://glowrich.com/?q=node/2 . What do you think about that?

  • http://www.glowrich.com/ Melle Gloerich

    Hey Scoble,
    Well that’s the good old (2006) Crowdsourcing :)
    I actually used betting odds to predict the Euro 2008 results and had (amount of goals included) a perfect score for the first four matches, although ‘the crowd’ screwed it up in Day 3. I still expect big results using this method.

    I wrote something on the economy as a ‘product valuation’ crowdsourcing project on http://glowrich.com/?q=node/2 . What do you think about that?

  • http://www.glowrich.com Melle Gloerich

    Hey Scoble,
    Well that’s the good old (2006) Crowdsourcing :)
    I actually used betting odds to predict the Euro 2008 results and had (amount of goals included) a perfect score for the first four matches, although ‘the crowd’ screwed it up in Day 3. I still expect big results using this method.

    I wrote something on the economy as a ‘product valuation’ crowdsourcing project on http://glowrich.com/?q=node/2 . What do you think about that?

  • http://mickeleh.blogspot.com/ Michael Markman

    YOU predict we won’t be bored? All right. But what does the crowd predict?

  • http://mickeleh.blogspot.com/ Michael Markman

    YOU predict we won’t be bored? All right. But what does the crowd predict?

  • http://mickeleh.blogspot.com/ Michael Markman

    YOU predict we won’t be bored? All right. But what does the crowd predict?

  • http://mickeleh.blogspot.com/ Michael Markman

    YOU predict we won’t be bored? All right. But what does the crowd predict?

  • http://mickeleh.blogspot.com/ Michael Markman

    YOU predict we won’t be bored? All right. But what does the crowd predict?

  • http://mickeleh.blogspot.com/ Michael Markman

    YOU predict we won’t be bored? All right. But what does the crowd predict?

  • http://mickeleh.blogspot.com/ Michael Markman

    YOU predict we won’t be bored? All right. But what does the crowd predict?

  • http://mickeleh.blogspot.com/ Michael Markman

    YOU predict we won’t be bored? All right. But what does the crowd predict?

  • http://mickeleh.blogspot.com/ Michael Markman

    YOU predict we won’t be bored? All right. But what does the crowd predict?

  • http://mickeleh.blogspot.com/ Michael Markman

    YOU predict we won’t be bored? All right. But what does the crowd predict?

  • http://mickeleh.blogspot.com Michael Markman

    YOU predict we won’t be bored? All right. But what does the crowd predict?

  • Christopher Coulter

    Can the crowds predict tomorrows MegaLotto? If so, I will be in touch.

  • Christopher Coulter

    Can the crowds predict tomorrows MegaLotto? If so, I will be in touch.

  • Christopher Coulter

    Can the crowds predict tomorrows MegaLotto? If so, I will be in touch.

  • Christopher Coulter

    Can the crowds predict tomorrows MegaLotto? If so, I will be in touch.

  • Christopher Coulter

    Can the crowds predict tomorrows MegaLotto? If so, I will be in touch.

  • Christopher Coulter

    Can the crowds predict tomorrows MegaLotto? If so, I will be in touch.

  • Christopher Coulter

    Can the crowds predict tomorrows MegaLotto? If so, I will be in touch.

  • Christopher Coulter

    Can the crowds predict tomorrows MegaLotto? If so, I will be in touch.

  • Christopher Coulter

    Can the crowds predict tomorrows MegaLotto? If so, I will be in touch.

  • Christopher Coulter

    Can the crowds predict tomorrows MegaLotto? If so, I will be in touch.

  • Christopher Coulter

    Can the crowds predict tomorrows MegaLotto? If so, I will be in touch.

  • Steve

    So THIS is what Algore uses as the basis for the basis of his “Inconvenient Truth” campaign. It all makes sense now.

    And to think how much Las Vegas sportsbooks spend on setting odds, when all they need to do is use Pedictify.

    One thing’s for sure–no one will ever accuse you of being the next Mike Wallace.

  • Steve

    So THIS is what Algore uses as the basis for the basis of his “Inconvenient Truth” campaign. It all makes sense now.

    And to think how much Las Vegas sportsbooks spend on setting odds, when all they need to do is use Pedictify.

    One thing’s for sure–no one will ever accuse you of being the next Mike Wallace.

  • Steve

    So THIS is what Algore uses as the basis for the basis of his “Inconvenient Truth” campaign. It all makes sense now.

    And to think how much Las Vegas sportsbooks spend on setting odds, when all they need to do is use Pedictify.

    One thing’s for sure–no one will ever accuse you of being the next Mike Wallace.

  • Steve

    So THIS is what Algore uses as the basis for the basis of his “Inconvenient Truth” campaign. It all makes sense now.

    And to think how much Las Vegas sportsbooks spend on setting odds, when all they need to do is use Pedictify.

    One thing’s for sure–no one will ever accuse you of being the next Mike Wallace.

  • Steve

    So THIS is what Algore uses as the basis for the basis of his “Inconvenient Truth” campaign. It all makes sense now.

    And to think how much Las Vegas sportsbooks spend on setting odds, when all they need to do is use Pedictify.

    One thing’s for sure–no one will ever accuse you of being the next Mike Wallace.

  • Steve

    So THIS is what Algore uses as the basis for the basis of his “Inconvenient Truth” campaign. It all makes sense now.

    And to think how much Las Vegas sportsbooks spend on setting odds, when all they need to do is use Pedictify.

    One thing’s for sure–no one will ever accuse you of being the next Mike Wallace.

  • Steve

    So THIS is what Algore uses as the basis for the basis of his “Inconvenient Truth” campaign. It all makes sense now.

    And to think how much Las Vegas sportsbooks spend on setting odds, when all they need to do is use Pedictify.

    One thing’s for sure–no one will ever accuse you of being the next Mike Wallace.

  • Steve

    So THIS is what Algore uses as the basis for the basis of his “Inconvenient Truth” campaign. It all makes sense now.

    And to think how much Las Vegas sportsbooks spend on setting odds, when all they need to do is use Pedictify.

    One thing’s for sure–no one will ever accuse you of being the next Mike Wallace.

  • Steve

    So THIS is what Algore uses as the basis for the basis of his “Inconvenient Truth” campaign. It all makes sense now.

    And to think how much Las Vegas sportsbooks spend on setting odds, when all they need to do is use Pedictify.

    One thing’s for sure–no one will ever accuse you of being the next Mike Wallace.

  • Steve

    So THIS is what Algore uses as the basis for the basis of his “Inconvenient Truth” campaign. It all makes sense now.

    And to think how much Las Vegas sportsbooks spend on setting odds, when all they need to do is use Pedictify.

    One thing’s for sure–no one will ever accuse you of being the next Mike Wallace.

  • Steve

    So THIS is what Algore uses as the basis for the basis of his “Inconvenient Truth” campaign. It all makes sense now.

    And to think how much Las Vegas sportsbooks spend on setting odds, when all they need to do is use Pedictify.

    One thing’s for sure–no one will ever accuse you of being the next Mike Wallace.

  • Mark

    Well, there are certainly situations where the preponderance of a group can evaluate the evidence (and/or possess the necessary knowledge) to come to the same reasonable conclusions. That makes sense, and is the premise behind the “Ask the Audience” gimmick on “Who Wants to Be a Millionaire.” And, this story is just about as interesting…

  • Mark

    Well, there are certainly situations where the preponderance of a group can evaluate the evidence (and/or possess the necessary knowledge) to come to the same reasonable conclusions. That makes sense, and is the premise behind the “Ask the Audience” gimmick on “Who Wants to Be a Millionaire.” And, this story is just about as interesting…

  • Mark

    Well, there are certainly situations where the preponderance of a group can evaluate the evidence (and/or possess the necessary knowledge) to come to the same reasonable conclusions. That makes sense, and is the premise behind the “Ask the Audience” gimmick on “Who Wants to Be a Millionaire.” And, this story is just about as interesting…

  • Mark

    Well, there are certainly situations where the preponderance of a group can evaluate the evidence (and/or possess the necessary knowledge) to come to the same reasonable conclusions. That makes sense, and is the premise behind the “Ask the Audience” gimmick on “Who Wants to Be a Millionaire.” And, this story is just about as interesting…

  • Mark

    Well, there are certainly situations where the preponderance of a group can evaluate the evidence (and/or possess the necessary knowledge) to come to the same reasonable conclusions. That makes sense, and is the premise behind the “Ask the Audience” gimmick on “Who Wants to Be a Millionaire.” And, this story is just about as interesting…

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