Communication & Collaboration Tools Rose M. Baker David L. Passmore
Penn State Workforce Education & Development Initiative Rose Baker David Passmore Program Manager Workforce Assessment Cen...
What do you do to collaborate & communicate?
OPPORTUNITY
Two little words for you… <ul><li>Dictyostelium Discoideum </li></ul>
Collective intelligence… <ul><li>Oecophylla </li></ul><ul><li>OR </li></ul><ul><li>Weaver ant </li></ul>
Wisdom in the “Wisdom of Crowds”… Why the Many Are  Smarter Than the Few  and How Collective Wisdom Shapes Business, Econo...
Wisdom in the “Wisdom of Crowds”… Aggregation of information in groups often results in better decisions than could be mad...
Wisdom in the “Wisdom of Crowds”… <ul><li>Crowd at fair accurately guessed the weight of an ox when their guesses were ave...
What we learned…
OPPORTUNITY
Web 2.0… <ul><li>We all have experienced the first generation of the Internet </li></ul><ul><ul><li>Web 1.0 , as some call...
Web 2.0 example—Google docs
Web 2.0 example—blogs
OPPORTUNITY
Information futures markets
An information futures market:  Newsfutures … http://us.newsfutures.com
A  NewsFutures  market:   IRANBOOM…
IRANBOOM price-volume  history…
IRANBOOM price-volume  history… Contract Payoff  =  $100 if event happens, nothing otherwise Contract Price  = estimated p...
How an information market works… <ul><li>The market sells contracts on ideas -- an  idea future ! </li></ul><ul><li>Contra...
A  NewsFutures  market: Outcome of Super Bowl…
Price/volume plot history…
Price/volume plot history…
Price/volume plot history…
Price/volume plot history…
Closing details…
Communication & Collaboration Tools Rose M. Baker David L. Passmore
Upcoming SlideShare
Loading in …5
×

Communication & Collaboration

586 views

Published on

Presentation by Rose Baker & David Passmore at Living the Vision of a Student-Centered University Conference at Penn State, 27 November 2007.

Published in: Education, Economy & Finance
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
586
On SlideShare
0
From Embeds
0
Number of Embeds
23
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • Communication & Collaboration

    1. 1. Communication & Collaboration Tools Rose M. Baker David L. Passmore
    2. 2. Penn State Workforce Education & Development Initiative Rose Baker David Passmore Program Manager Workforce Assessment Center & Assistant Professor of Education Professor & Director Penn State Institute for Research in Training & Development
    3. 3. What do you do to collaborate & communicate?
    4. 4. OPPORTUNITY
    5. 5. Two little words for you… <ul><li>Dictyostelium Discoideum </li></ul>
    6. 6. Collective intelligence… <ul><li>Oecophylla </li></ul><ul><li>OR </li></ul><ul><li>Weaver ant </li></ul>
    7. 7. Wisdom in the “Wisdom of Crowds”… Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations
    8. 8. Wisdom in the “Wisdom of Crowds”… Aggregation of information in groups often results in better decisions than could be made by any single person
    9. 9. Wisdom in the “Wisdom of Crowds”… <ul><li>Crowd at fair accurately guessed the weight of an ox when their guesses were averaged </li></ul><ul><li>Average closer to true weight, and closer than any cattle expert estimates </li></ul>Francis Galton
    10. 10. What we learned…
    11. 11. OPPORTUNITY
    12. 12. Web 2.0… <ul><li>We all have experienced the first generation of the Internet </li></ul><ul><ul><li>Web 1.0 , as some call it. Experiences delivered on the net. </li></ul></ul><ul><li>Web 2.0 —the second generation of the Internet </li></ul><ul><ul><li>Applications delivered and shared on the net. </li></ul></ul>
    13. 13. Web 2.0 example—Google docs
    14. 14. Web 2.0 example—blogs
    15. 15. OPPORTUNITY
    16. 16. Information futures markets
    17. 17. An information futures market: Newsfutures … http://us.newsfutures.com
    18. 18. A NewsFutures market: IRANBOOM…
    19. 19. IRANBOOM price-volume history…
    20. 20. IRANBOOM price-volume history… Contract Payoff = $100 if event happens, nothing otherwise Contract Price = estimated probability of event
    21. 21. How an information market works… <ul><li>The market sells contracts on ideas -- an idea future ! </li></ul><ul><li>Contracts are bought and sold through an exchange </li></ul><ul><li>Value of contracts can range from $ 0.00 to $1.00 (or some multiple) </li></ul><ul><li>Buyers and sellers seek information about the future of the idea </li></ul><ul><li>Price changes as belief in future of idea changes </li></ul>
    22. 22. A NewsFutures market: Outcome of Super Bowl…
    23. 23. Price/volume plot history…
    24. 24. Price/volume plot history…
    25. 25. Price/volume plot history…
    26. 26. Price/volume plot history…
    27. 27. Closing details…
    28. 28. Communication & Collaboration Tools Rose M. Baker David L. Passmore

    ×