Albert Einstein purportedly said “The secret to creativity is knowing how to hide your sources.” We want to share our inspiration to better understand and justify the choices of the spime birthday story.
Introduction to Prediction Markets
When you gather a suitably diverse group of people together, ask them a question and average their answers, the result tends to be more accurate than the result of any one person including experts. The implication of this, is that the crowd as a whole can make better informed judgements than traditional experts. There just needs to be an ideal way to extract those tiny bits of relative information from individuals in a consistent manner. Enter the prediction market.
Future predicting: What might happen in the next hundred years?
This is an article that ran in the December 1900 issue of Ladies Home Journal. It was predicting life 100 years into the future in the year 2001. The following is that article annotated with notes about how close or far off they really were with their predictions.
Near future of sports from a spectator’s point of view
How we attend and watch sporting events will change due to the use and prevalence of technology and the ubiquitousness of connectivity. As we carry around more and more sophisticated mobile phones that are always on and always connected to the Internet, the way we as spectators will view sporting events, gather information and make decisions is going to change drastically.
This is an exploration of some technological changes and challenges in the near future framed within the contexts of being a spectator at sporting events. At the end of the day, the biggest advances needed won’t be in the hardware realm, but instead with interface design. The shear amount of data available to be mined needs to be done in a fast and simple way and on small devices the task gets even harder.