Comments on: Revisiting MyFootBallClub and the Wisdom of Crowds http://www.wikinomics.com/blog/index.php/2008/07/25/revisiting-myfootballclub-and-the-wisdom-of-crowds/ Exploring How Mass Collaboration Changes Everything Sun, 28 Aug 2011 14:21:24 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Keith Handley http://www.wikinomics.com/blog/index.php/2008/07/25/revisiting-myfootballclub-and-the-wisdom-of-crowds/comment-page-1/#comment-429335 Keith Handley Mon, 18 Oct 2010 23:46:08 +0000 http://www.wikinomics.com/blog/?p=1780#comment-429335 Anybody can get a free 30 day trial of the myfootballclub website by going to myfctrial.com Anybody can get a free 30 day trial of the myfootballclub website by going to myfctrial.com

]]> By: Goal # 27 – Own a professional sports team (Completed) « The Eighty-Eight http://www.wikinomics.com/blog/index.php/2008/07/25/revisiting-myfootballclub-and-the-wisdom-of-crowds/comment-page-1/#comment-362190 Goal # 27 – Own a professional sports team (Completed) « The Eighty-Eight Sun, 04 Apr 2010 04:12:46 +0000 http://www.wikinomics.com/blog/?p=1780#comment-362190 [...] More Information: Own A Part of the Team at MyFootballClub Time Article Revisiting MyFootballClub and the Wisdom of the Crowds [...] [...] More Information: Own A Part of the Team at MyFootballClub Time Article Revisiting MyFootballClub and the Wisdom of the Crowds [...]

]]> By: twohundredpercent http://www.wikinomics.com/blog/index.php/2008/07/25/revisiting-myfootballclub-and-the-wisdom-of-crowds/comment-page-1/#comment-251327 twohundredpercent Fri, 20 Feb 2009 16:26:40 +0000 http://www.wikinomics.com/blog/?p=1780#comment-251327 Looks like my leap of logic wasn't quite so "quantum" after all, doesn't it? http://soccernet.espn.go.com/news/story?id=620497&cc=5739 Looks like my leap of logic wasn’t quite so “quantum” after all, doesn’t it?

http://soccernet.espn.go.com/news/story?id=620497&cc=5739

]]> By: James Pruett http://www.wikinomics.com/blog/index.php/2008/07/25/revisiting-myfootballclub-and-the-wisdom-of-crowds/comment-page-1/#comment-248444 James Pruett Wed, 11 Feb 2009 09:01:07 +0000 http://www.wikinomics.com/blog/?p=1780#comment-248444 The bigger idea is that the model for ownership is changing. Excessive compensation and reckless risk taking by corporate executives reflects a system that has seperated ownership from control. Shareholder control is key in maintaining social equity and attention to stakeholder interest. I have authored articles and proposals on this topic. Large buying pools may be very effective across a number of high dollar, high margin asset and investment classes. http://knol.google.com/k/james-pruett/group-buying-power-in-numbers/806cui3nlxoq/4# Group Buying for Housing... http://knol.google.com/k/james-pruett/an-alternative-approach-to-buying-a/806cui3nlxoq/13# The bigger idea is that the model for ownership is changing. Excessive compensation and reckless risk taking by corporate executives reflects a system that has seperated ownership from control. Shareholder control is key in maintaining social equity and attention to stakeholder interest.

I have authored articles and proposals on this topic. Large buying pools may be very effective across a number of high dollar, high margin asset and investment classes.

http://knol.google.com/k/james-pruett/group-buying-power-in-numbers/806cui3nlxoq/4#

Group Buying for Housing…
http://knol.google.com/k/james-pruett/an-alternative-approach-to-buying-a/806cui3nlxoq/13#

]]> By: Dredwood http://www.wikinomics.com/blog/index.php/2008/07/25/revisiting-myfootballclub-and-the-wisdom-of-crowds/comment-page-1/#comment-204210 Dredwood Tue, 11 Nov 2008 19:59:10 +0000 http://www.wikinomics.com/blog/?p=1780#comment-204210 http://www.freemyfc.co.uk Lots of chat about myfc at the above site, mostly by people who have been banned by myfc for asking too many questions. Make your own minds up.... http://www.freemyfc.co.uk

Lots of chat about myfc at the above site, mostly by people who have been banned by myfc for asking too many questions. Make your own minds up….

]]> By: Matt http://www.wikinomics.com/blog/index.php/2008/07/25/revisiting-myfootballclub-and-the-wisdom-of-crowds/comment-page-1/#comment-156719 Matt Tue, 29 Jul 2008 12:36:00 +0000 http://www.wikinomics.com/blog/?p=1780#comment-156719 Great post. And spot on comments regarding the voting participation changing according to ease of input, and different motivations for joining We've had great input at A Swarm of Angels on poster designs for example, but less so for more crucial story decisions. This is because it takes more time to evaluate this also, and indeed many participants don't want to get involved in hardcore story evolution, but will willingly get involved to download and spread finished media. Great post. And spot on comments regarding the voting participation changing according to ease of input, and different motivations for joining

We’ve had great input at A Swarm of Angels on poster designs for example, but less so for more crucial story decisions. This is because it takes more time to evaluate this also, and indeed many participants don’t want to get involved in hardcore story evolution, but will willingly get involved to download and spread finished media.

]]> By: Denis http://www.wikinomics.com/blog/index.php/2008/07/25/revisiting-myfootballclub-and-the-wisdom-of-crowds/comment-page-1/#comment-155043 Denis Fri, 25 Jul 2008 14:45:54 +0000 http://www.wikinomics.com/blog/?p=1780#comment-155043 Great comments - Dan, you certainly hit the nail on the head on the 'power user' point. I just find it fascinating how people can find that the 'crowd' being wise enough to let their appointed expert (who they know have better 'immediate' information) select the squad is seen as a negative for the "crowdsourcing" idea. Jim- thanks for bringing up the power-law distribution, I didn't think of it when writing the post. For those that might be interested, check out this post from Shirky - an oldie but a goodie: http://www.shirky.com/writings/powerlaw_weblog.html Great comments – Dan, you certainly hit the nail on the head on the ‘power user’ point. I just find it fascinating how people can find that the ‘crowd’ being wise enough to let their appointed expert (who they know have better ‘immediate’ information) select the squad is seen as a negative for the “crowdsourcing” idea.

Jim- thanks for bringing up the power-law distribution, I didn’t think of it when writing the post. For those that might be interested, check out this post from Shirky – an oldie but a goodie:

http://www.shirky.com/writings/powerlaw_weblog.html

]]> By: Jim Walker http://www.wikinomics.com/blog/index.php/2008/07/25/revisiting-myfootballclub-and-the-wisdom-of-crowds/comment-page-1/#comment-155036 Jim Walker Fri, 25 Jul 2008 14:35:41 +0000 http://www.wikinomics.com/blog/?p=1780#comment-155036 Clay Shirky uses the power-law distrubtion to explain this seeming failure of the wisdom of the crowed. As Dan says above voting for a uniform costs less in expertise than deciding the weekly lineup. Who in the crowd want to be in the pub after a game and be chided by their peers for making the wrong linup choice. Clay Shirky uses the power-law distrubtion to explain this seeming failure of the wisdom of the crowed. As Dan says above voting for a uniform costs less in expertise than deciding the weekly lineup. Who in the crowd want to be in the pub after a game and be chided by their peers for making the wrong linup choice.

]]> By: Dan Thornton http://www.wikinomics.com/blog/index.php/2008/07/25/revisiting-myfootballclub-and-the-wisdom-of-crowds/comment-page-1/#comment-155007 Dan Thornton Fri, 25 Jul 2008 13:14:49 +0000 http://www.wikinomics.com/blog/?p=1780#comment-155007 Just thought of another point. I'd expect more people to vote on the uniform because it carries less requirements for expertise = lower barrier to entry. Just the same as more people will enter a competition for a lower value prize, even if everything else is equal, because they assume there's more chance of winning. Just thought of another point.

I’d expect more people to vote on the uniform because it carries less requirements for expertise = lower barrier to entry.

Just the same as more people will enter a competition for a lower value prize, even if everything else is equal, because they assume there’s more chance of winning.

]]> By: Dan Thornton http://www.wikinomics.com/blog/index.php/2008/07/25/revisiting-myfootballclub-and-the-wisdom-of-crowds/comment-page-1/#comment-155006 Dan Thornton Fri, 25 Jul 2008 13:12:25 +0000 http://www.wikinomics.com/blog/?p=1780#comment-155006 Is this not just the 90:9:1 rule? 1 person will vote every week on team selection. ( people might get involved less. And 90 are content to watch from the sidelines? Plus I don't know exactly how the team selection process works, but 30,000 people can't be at the training ground every day, so they decide to let the 'power user' make the ultimate choices. Just the same as Wikipedia admins or forum moderators volunteer to take on a greater role, while the rest of us sit back and interact/consume what's there? Is this not just the 90:9:1 rule? 1 person will vote every week on team selection. ( people might get involved less. And 90 are content to watch from the sidelines?

Plus I don’t know exactly how the team selection process works, but 30,000 people can’t be at the training ground every day, so they decide to let the ‘power user’ make the ultimate choices. Just the same as Wikipedia admins or forum moderators volunteer to take on a greater role, while the rest of us sit back and interact/consume what’s there?

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