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Google Putting Crowd Wisdom to Work
daveperry writes "The Google Blog has a post about their use of prediction markets to forecast certain events that are relevant to their business. From the article: "Our search engine works well because it aggregates information dispersed across the web, and our internal predictive markets are based on the same principle: Googlers from across the company contribute knowledge and opinions which are aggregated into a forecast by the market. Sometimes, just feeling lucky isn't enough, and these tools can help." In related news, some software was recently open sourced that enables people to set up their own prediction markets."
A few weeks ago, I laughed like a maniac for close to 5 whole minutes when I found a Netscape t-shirt (circa. 1997) in my girlfriend's brother's wardrobe. I quickly told everyone I knew and it had the same effect on them as it had on me.
In a couple of years, when Google has disintegrated after the burst of their self-inflated Tech Bubble 2.0 and has given Microsoft even greater dominance, you faggot-fanboys are going to be really embarassed that you have spent all that money on all that merchandise.