September 30, 2005
Google Prediction Markets
Patri Friedman, a google engineer who works on evaluating search quality, posted about the surprising accuracy of Google’s Internal Prediction Market.
I’ve written a post about the previous prediction markets workshop at SuperNova2005, which gave some background on the topic from pioneers and leaders in the field.
I am excited to see Google developing and using prediction markets internally. It just points to what, in my mind, is one of the best things about Google: they really think about collective intelligence (CI), in the sense envisioned by Doug Englebart — how to ensure that the many within an organization or community can process information and make decisions that benefit from scale, rather than get hurt by it.
continue reading the Google Prediction Markets
Posted by barney on September 30, 2005 at 11:26 pm | 1 Comment