More proof that humans are smart
This is about human-powered computing, and in particular, a game that Google uses to get people to tag images for them for free. It's quite interesting.
This is from the blog at casualobserver.net, a client of Inkling and a predictive market site dedicated to politics:
Gaithersburg, MD – Nov. 10, 2006 – CasualObserver.net, the only political stock market dedicated to midterm election coverage, today announced the results of its predictions for the 2006 midterm elections. CasualObserver.net covered 72 of the most competitive House, Senate, and Gubernatorial contests across the country and correctly predicted:
In a head-to-head comparison CasualObserver.net’s race predictions were more accurate than those of a leading polling organization that was ranked number one by Slate magazine for accuracy in the 2004 Election. CasualObserver.net’s combined accuracy rate for the Gubernatorial and Senate races was 94.59% versus 91.89% for Rasmussen Reports. Rasmussen did not report on House races. The CasualObserver.net pricing data used for comparison were collected Election Day morning and thus reflected the aggregated opinions of traders prior to the release of any exit polling or raw vote numbers.
CasualObserver.net was launched in April as an interactive forum for political pros and armchair pundits to express their opinions on who the winners would be in the 2006 midterm elections. Rather than taking the typical periodic opinion poll approach to determine the likely winners, CasualObserver.net created a virtual stock market where candidates were traded like stocks. Unlike opinion polls where random respondents react to poll questions, CasualObserver.net was comprised of active, engaged traders who shared their opinions by making smart trades. The CasualObserver.net marketplace not only gathered opinions on who would win, but allowed each user to demonstrate how confident they were in their opinion, and how events and circumstances change that opinion over time.
As many of you probably know already, Britney and K-Fed filed for divorce. Too bad I had invested all of my Inkles saying that they would stay married by December 31, 2006. I lost over 20,000 Inkles and must start from square one. I had about 3oo Inkles left. So remember, don't put all of your eggs in one basket.
In case you haven't noticed, Inkling Markets has had a few changes including individual discussion boards for each market and a slicker markets directory. Be sure to check it out if you haven't already. The link is to the right.
Market: Who will win the 2006 Heisman Trophy?
Sorry about the lull in posting over the last couple of weeks. I've been quite busy with other obligations and haven't found the time to post. Also, as I make this blog for free, please support Mad Inkles by visiting the sponsors at the top of the page. Just one ad-click per visit is enough to make a difference. Thank you readers for your continued readership!
If you like this blog, please digg it. Here's the link.
One simple way to earn some Inkles is to play off the calendar. Many markets end during this great month of September. Here is a listing of some of those markets and some of my picks:
Some Facebook speculation . . . "Will YouTube or Facebook be purchased first over the next year?"
Market: Cubs 2006 Win Total
I have an inkling about this one. If all goes right this should be some easy money. . . I mean Inkles.
Market: MVNO Business Model
Will Britney Spears' marriage last to the end of this year?
Well here is my first stock pick:
Well, here's the first post of what I hope to be will an informative blog on the world of predictive markets.