Crowdsourcing: Why the Power of the Crowd Is Driving the Future of Business

Crowdsourcing: Why the Power of the Crowd Is Driving the Future of Business

by Jeff Howe
Crowdsourcing: Why the Power of the Crowd Is Driving the Future of Business

Crowdsourcing: Why the Power of the Crowd Is Driving the Future of Business

by Jeff Howe

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Overview

Why does Procter & Gamble repeatedly call on enthusiastic amateurs to solve scientific and technical challenges? How can companies as diverse as iStockphoto and Threadless employ just a handful of people, yet generate millions of dollars in revenue every year?

"Crowdsourcing" is how the power of the many can be leveraged to accomplish feats that were once the responsibility of a specialized few. Jeff Howe reveals that the crowd is more than wise–it’s talented, creative, and stunningly productive. It’s also a perfect meritocracy, where age, gender, race, education, and job history no longer matter; the quality of the work is all that counts. If you can perform the service, design the product, or solve the problem, you’ve got the job.

But crowdsourcing has also triggered a dramatic shift in the way work is organized, talent is employed, research is conducted, and products are made and marketed. As the crowd comes to supplant traditional forms of labor, pain and disruption are inevitable, and Howe delves into both the positive and negative consequences of this intriguing phenomenon. Through extensive reporting from the front lines of this workplace revolution, he employs a brilliant array of stories to look at the economic, cultural, business, and political implications of crowdsourcing.

Product Details

ISBN-13: 9780307396211
Publisher: Crown Publishing Group
Publication date: 09/15/2009
Pages: 336
Product dimensions: 7.92(w) x 5.28(h) x 0.72(d)

About the Author

JEFF HOWE is a contributing editor at Wired magazine, where he covers the entertainment industry among other subjects. Before coming to Wired he was a senior editor at Inside.com and a writer at the Village Voice. In his fifteen years as a journalist, he has traveled around the world working on stories ranging from the impending water crisis in Central Asia to the implications of gene patenting. He has also written for U.S. News & World Report, Time magazine, the Washington Post, Mother Jones, and numerous other publications. He lives in Brooklyn with his wife and children.

Table of Contents


Introduction: The Dawn of the Human Network     1
How We Got Here
The Rise of the Amateur: Fueling the Crowdsourcing Engine     23
From So Simple a Beginning: Drawing the Blueprint for Crowdsourcing     47
Faster, Cheaper, Smarter, Easier: Democratizing the Means of Production     71
The Rise and Fall of the Firm: Turning Community into Commerce     98
Where We Are
The Most Universal Quality: Why Diversity Trumps Ability     131
What the Crowd Knows: Collective Intelligence in Action     146
What the Crowd Creates: How the 1 Percent Is Changing the Way Work Gets Done     177
What the Crowd Thinks: How the 10 Percent Filters the Wheat from the Chaff     223
What the Crowd Funds: Reinventing Finance, Ten Bucks at a Time     247
Where We're Going
Tomorrow's Crowd: The Age of the Digital Native     261
Conclusion: The Rules of Crowdsourcing     278
Notes     289
Acknowledgments     301
Index     304
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