Mathew's comments - Latest Comments in Is “crowdsourcing” just cost-cutting 2.0?

Re: Is “crowdsourcing” just cost-cutting 2.0?

Mathew — Tue, 13 Feb 2007 22:57:24 -0000

That's a great idea. Thanks for the comment, Rich.

Re: Is “crowdsourcing” just cost-cutting 2.0?

Rich — Tue, 13 Feb 2007 21:12:10 -0000

Business 2.0 did a story about this in December and mentioned how businesses are "crowd-sourcing" at MBA schools by hosting case competitions. It's really funny how these work: a business provides a school with financial data and a problem; then says "GO!" Later that day, the exec has 10 possible ideas to take back to the board. I think it's pretty clever in a time when budgets are being slashed and scrutinized. What's more, if a team of students comes up with a great idea, you may have a recruit at your disposal who really "gets it." I have never participated in one of those competitions but I know people who say they're both fun and great networking events.

Re: Is “crowdsourcing” just cost-cutting 2.0?

Mathew — Tue, 13 Feb 2007 08:08:48 -0000

Thanks for the comment, Bronwen. That's a very revealing quote.

Re: Is “crowdsourcing” just cost-cutting 2.0?

Bronwen Clune — Tue, 13 Feb 2007 02:10:13 -0000

I blogged about a similar comment from the The New York Times executive Nicholas Ascheim, who said that
“The most expensive thing is the journalists themselves. That’s why user-generated content is interesting."
Mainstream media will aalways be shackled by its own business model.