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The Rise of Collective Intelligence: Decentralized Co-Creation of Value as a New Paradigm of Commerce and Culture

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dc.contributor.author Bollier, David
dc.date.accessioned 2009-09-02T20:39:44Z
dc.date.available 2009-09-02T20:39:44Z
dc.date.issued 2007 en_US
dc.identifier.uri https://hdl.handle.net/10535/4728
dc.description.abstract "Every year, the Information Technology Roundtable of the Aspen Institute Communications and Society Program examines a timely issue that is posing perplexing new challenges for business, culture and society. In 2007, the gathering met to explore the many ways in which network-based communities are becoming socially and economically significant. The phenomenon has been called 'decentralized co-creation of value' — the process by which social communities and loose networks of people use Web 2.0 platforms to generate useful new types of collective intelligence. Although the value that is created tends to be social in origin, it has far-reaching economic implications for business and nations. Online communities are often rich sources of innovative ideas, specialized knowledge, timely and sophisticated market intelligence and niche consumer demand. Moreover, because this decentralized value-creation is occurring online - and therefore is widely available — it is capable of diffusing rapidly and disrupting entrenched institutions and societal practices." en_US
dc.language English en_US
dc.subject information technology en_US
dc.title The Rise of Collective Intelligence: Decentralized Co-Creation of Value as a New Paradigm of Commerce and Culture en_US
dc.type Conference Paper en_US
dc.type.published unpublished en_US
dc.type.methodology Case Study en_US
dc.subject.sector Information & Knowledge en_US
dc.identifier.citationconference Sixteenth Annual Aspen Institute Roundtable on Information Technology en_US
dc.identifier.citationconfdates 2007 en_US
dc.identifier.citationconfloc Aspen Institute Communications and Society Program, Washington, DC en_US


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