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Posts Tagged ‘collective intelligence’

Can Google Trends Predict the Price of Gold?

March 19th, 2010

In a recent post, we looked at the relationship between search volume for the keywords “oil price” and the actual price of oil. Today we are doing the same analysis, except for gold.

Here are some Google Trends searches for different related keywords: “gold”, “gold bubble”, and “gold price”.

Google Trends Search Volume for "Gold"

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Will Buzz be the Google of Collective Intelligence?

February 13th, 2010

Google just released Buzz, sort of a souped up Twitter. It’s an awesome idea, and as usual, Google has refined an existing idea to make it better.

First it was search, and Google made its first billion by dominating the search engine market with a better service. Yahoo and a dozen other search engines have faded into the background with the success of Google’s search algorithm. Then it was GMail, the application that made web based email actually work well. Then Chrome, which is way faster than Firefox and I raved about in this post.

And now Buzz, which allows us to aggregate and communicate Tweet-like messages. And it goes farther by inlining images and creating more communication with less clicking. It also integrates with Twitter, Flickr, and Google Reader.

Why is Buzz a revolution?

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Weird Ways You Can Time Economic Changes

June 22nd, 2009

I’m a big believer in something I call, “Collective Intelligence.”

Collective Intelligence is a kind of “crowd think.” People tend to move in swarms.  (When I’m feeling snarky, I say people tend to move in herds.)

In either case, these crowd movements can offer hints on how society and the economy is moving. According to an article from Kiplinger.com, changes in the nation’s economic climate might be revealed in some weird collective ways.

These are probably indicators you never considered, unless you sell alligator skins. Here are a few weird ways you can check the economic climate:

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Investing, Money, Online Investing AI, US Economy , , , , ,

StudyBlue and The Creation of Binge Thinking

January 30th, 2009

Study BlueWhen I was in school, lots of people borrowed my notes. It wasn’t that my handwriting was great… I enjoyed going to classes–for the most part–and was able to condense a lot of knowledge and categorize the lecture.

I also had an ability to understand the professor or teacher’s vocal cues to recognize what information might be included on a test. And I would note that with a star or underline that statement.

My friends usually hated taking notes.

Now, Study Blue, an online company, is rewarding students that can take notes. Students get paid to take notes and share these notes with other members of Study Blue.

Study Blue is a great idea for students, but it also may represent a step in the direction of collaborative intelligence and collective intelligence, which we call “CI” at Online Investing AI.

Collective intelligence, CI, crowdsourcing, or whatever else you want to call it, is a way to tap the massive potential among groups of people, especially people directed toward one goal. And, before I start sounding like some type of Maoist collectivist, the idea uses some of Adam Smith’s primary directives, like the division of labor.

By breaking tasks into specific, small duties, crowdsourcing starts to resemble an army of ants that can dissect a picnic in no time at all.

Study Blue might just be a brief glimpse into the synergistic power of collective intelligence and technology in the future.

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