Idea Markets

Predictive markets, knowledge exchanges and value networks are exploding. They will have a monumental impact on communities, KM, science, society and the 'fill-in-the-blank' Economy, e.g., Information, Knowledge, Attention, Service, etc.

""We are talking about the democratization of science," said Alpheus Bingham, who spent 28 years as a scientist and senior research executive at Eli Lilly & Company before becoming the president and chief executive of InnoCentive. "What happens when you open your company to thousands and thousands of minds, each of them with a totally different set of life experiences?"" (Here's an Idea: Let Everyone Have Ideas, NYT, WILLIAM C. TAYLOR, Published: March 26, 2006) See: http://tinyurl.com/ftrr2

The next prediction markets community event is: http://www.pmcluster.com/CHI.htm

Note: Article surfaced by Robin Hanson on http://groups.google.com/group/Prediction-Markets