iCrowd – Unraveling the power of crowd in the web world

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I must begin with a confession. I am a terrible Apple fanatic. So any resemblance in the title here is not a mere coincidence. But I assure you, the resemblance stops here. This is a concept – one that can perhaps be described as a concoction of a multitude of concepts that have already been floating around. Through the posts that follow, you will find me elaborating more on every one of those concepts to unearth a common theme across them – the crowd. Over the past five years, as social media and networking have started to mushroom around the web world, with smartphones and tablets becoming a common man’s gadget, several companies have started to make use of the data that is updated by users around the globe. And indeed many of the entrepreneurs and thinkers of this era have started to find correlations amongst these efforts. And along came several concepts, those which have gradually started to become an everyday term. Among them, Collaborative Consumption coined by Rachel Botsman , Crowd Sourcing coined by Jeff Howe of the Wired Magazine and Cognitive Surplus by Clay Shirky have grown significantly, in parallel.

While each of these talk about the influence of crowd in the functioning of the today’s world, analyzing and categorizing companies and organizations among various buckets, each have their own distinction. They portray a very specific aspect of the crowd and collectively they can encompass the iCrowd, in its entirety. Collaborative consumption talks about the idea of sharing what you have with a stranger, through a common platform for sharing, that is built upon trust. The product that is shared can vary with an organization that lay forth the platform. Airbnb, Taskbunny, A Spare to Share are all examples of this sharing. Rachel Botsman through her ground breaking talk at TED and her book What’s mine is yours , laid the foundation to this categorization of sharing, into buckets based on services .

Crowd Sourcing, coined back in 2005, talks about the idea of converting user input data into useful information, in the form of trend or recommendations or even just a single point of data depicting the state based on the data gathered from the “crowd”. I have spoken extensively about Crowd Sourcing and have tried to classify them into some reasonable buckets. SkyMotion, Waze, Minutely are all applications that have presented information from a large repository of user input data. There are then the amazon recommendations providing you with a list of products that “other customers” looked at, after viewing a particular product, in which case the input is user data collected passively. We will look into both these situations and how they play a part in the information transfer.

Cognitive Surplus is a more recent term, yet to be defined exhaustively. Clay Shirky describes it as a form of constructively making use of an individual’s free time towards a particular goal. Add in the crowd dimension and you now have an “organization without an organization”. Wikipedia is perhaps the best example of this “revolution”. Although Wikipedia has been around for quite sometime, identifying the concept that made it a huge online encyclopedia was as recent as 2009. As more and more efforts start getting categorized under this umbrella, cognitive surplus can be yet another powerful concept making use of the power of crowd.

In the coming weeks, I will hoop through each of them in more detail, pointing out examples that illustrate the common link and the distinctions.

The art of crowdsourcing

Crowd Source

With the emergence of social networking as a formidable force in this Internet era, taking advantage of its powers in fields other than just entertainment was only an obvious consequence. The word crowdsourcing first emerged back in 2005, coined by the editors of Wired Magazine. Jeff Howe from wired magazine defines it as the act of a company or institution taking a function once performed by employees and outsourcing it to an undefined (and generally large) network of people in the form of an open call. This can take the form of peer-production (when the job is performed collaboratively), but is also often undertaken by sole individuals. The crucial prerequisite is the use of the open call format and the large network of potential laborers.

It is the ability to harness the data exchanged by the population aka “the crowd”, and use them to produce information useful for the same crowd. Jeff Howe went on to become a proponent in this field, citing examples from all around the Internet Globe (the iGlobe, as I would call it) on how the power of the masses can be strategically taken advantage of. Sometime back, I happened to mention about one of those terms which has been gaining popularity, viz Collaborative Consumption . Crowd sourcing can be viewed as a subset of this idea.

Perhaps one of the biggest in the industry to take advantage of this was Waze . With its data being fed in by the millions of drivers on the road, it started to become a powerful navigation system, often even claimed to have been surpassing the giants such as google maps and apple maps . But as has been the common norm amongst the technology industry, it too got acquired for a huge price by one of those giants.

But that was only the beginning. Along came Sky Motion in a different field – the weather! Forecasting weather has always had its degree of unpredictability. The intensity of the weather conditions have been known to be inaccurate often times. What if you have a real time update from a person who is actually in the middle of it? That is exactly what Sky Motion has tried to do. Although not as widely accepted yet, just as in the case of Waze it does have the potential to turn into something big. Now they are not the only ones that have imbibed this idea in weather. Weddar is another one such company. So now we have a healthy competition!

As weather and traffic seemed to have started to see the useful side of crowdsourcing, Im sure many more would follow. What was ones the supreme power of the ancient civilizations, the society, could soon turn into the superpower in the Internet Civilization!