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Posted by Matthew Brown on September 10, 2008
So before my flight West today, I picked up the recent Jeff Howe book Crowdsourcing. I was looking for a little inspiration for a speech I'm giving at Forrester's Business & Technology Leadership Forum on a trend we call "Technology Populism." Like other edgy, Web 2.0-ey books of our era (Groundswell, Wisdom of Crowds, Tipping Point, The Long Tail, and many others), Crowdsourcing is packed with examples of how companies are leveraging networks of people on the Internet to innovate, collaborate, disrupt business models, and solve real business problems. All great stuff.
Then I land and my phone rings. It's a reporter who's asks me about the latest United Airlines story. Since I'm not yet monitoring news feeds from several thousand feet, I say "What story?" He explains that at 1am on Sunday of this week a story with the headline "UAL Files for Bankruptcy" appeared on the "most popular" list of the Florida Sun Sentinel newspaper Web site. It then got picked up by Google News, summarized by a securities analyst, and United Airlines stock proceeded to tank by 75%. The problem: the story was from 2002.
I've never claimed that Technology Populism - a trend in which individual people provision the technology tools, information, and networks they need - is all positive. If anything, this example would say it's making business more fragile. But I'm also pretty confident no person or company can control the trend completely. And this incident does make me ask two questions:
Somehow I doubt we'll solve these quickly. I've got my own theories, but comments are welcome.
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