Crowd Accelerated Innovation: YouTube Accelerating Evolution of Ideas | Steadfast Finances

Crowd Accelerated Innovation: YouTube Accelerating Evolution of Ideas

Filed in Business Trends , Entrepreneurship 0 comments

A fascinating discussion on how the educational ability and sharability of web based video is driving innovation.

To paraphrase Chris Anderson of TED Talks:

YouTube, and video sharing in general, operates much like a meritocracy in that people talk about it, comment on it, vote you up, blog about you, etc. However, it also is a self-fueling evolutionary process where it attracts a crowd (e.g. crowdsourcing) to a new idea, but it also speeds up how someone else will try to improve whatever you are doing.

In other words: new ideas beget new, better ideas.

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Posted by Corey   @   28 September 2010 0 comments
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