Crowdsourcing, as we know, is engaging a crowd for a common goal. With exponential technological growth, crowdsourcing is emerging as a mainstream innovation medium. Theoretically, the proposition of it is to incorporate fresh perspectives and ideas from the larger crowd for innovation.
However, it comes with its own set of challenges, ranging from confidentiality to exploitation.
Today, we have with us a special guest, who coined the term “Crowdsourcing”. He delves into the topic right from its inception to its good and not-so-good impacts.
Jeff Howe is a journalist and a contributing editor at Wired magazine. He coined the term “crowdsourcing” in 2006 for the magazine. He has also written a book, translated into 12 languages, that explores the crowdsourcing subject in depth. Furthermore, he is also a visiting scholar at MIT Labs in Boston.