Top 10 Crowdsourcing Companies

There is a lot of buzz going on around “crowdsourcing” lately, a term coined by the Wired journalist Jeff Howe is his article “The Rise of the Crowdsourcing”. The first time I googled (lower case g because it is already recognized as a verb by the Webster dictionary) “crowdsourcing” it generated around 200.000 results, and that was only a couple of weeks after Howe’s article!

More Predictions Gone Wrong!

This is the second part of my collection of quotes (click here to see the first part). I find particularly interesting the companies that turned down multi-billion dollar opportunities like IBM refusing to invest in the photocopier or Atari rejecting Steve Job’s proposal to develop the personal computer. Those companies were nonetheless being managed by very smart people, understanding what influenced such decisions is the complex matter.

Convert bps into KB/s

Remember that a bit (binary digit) is the single piece of information in digital systems, it is either a 0 or a 1. A byte, instead, is a group of 8 bits. When we talk about computer memories or data storage 1 kilobit refers to 1024 (2^10) bits, 1 megabit refers to 1024 kilobits (or 1024 x 1024 bits), 1 kilobyte refers to 1024 bytes and so on. In telecommunications, however, transmission rates have traditionally been declared in bits per second (bps) and 1 kilobit refers to 1000 bits and not 1024 as in data storage.

Predictions gone wrong!

The collection of quotes I present below illustrate how managers, scientists and academics often fail to free themselves from paradigms. As Peter Ustinov said “If the world should blow itself up, the last audible voice would be that of an expert saying it can’t be done”.
The list was too big therefore I decided to break it up in 2 parts. Have fun.