Apply Dakota tribal wisdom to identify 'dead horse' projects. Instead of buying a stronger whip, reclassifying the horse, or hiring consultants to ride it, learn to recognize when a project has failed and simply dismount.
I examine Paul Graham's distinction between wisdom, which means being right frequently, and intelligence, which means being right where others aren't. I find that creativity increasingly demands intelligence over traditional wisdom for unique results.
I'm looking at how Google uses internal prediction markets to leverage the wisdom of crowds. By letting employees trade on project outcomes, they gather more accurate forecasts than traditional top-down management estimates.
I highlight prediction markets like Hollywood Stock Exchange, Innovation Futures, and Blogshares. These platforms leverage the wisdom of crowds to generate remarkably accurate forecasts across entertainment, technology, and blogging domains.
I'm sharing a Slashdot discussion where Project Gutenberg explains their proposed organizational and technical changes. It provides insight into how the project aims to evolve its digital library and distribution methods.
I explored the Forbes list of high-earning dead celebrities, noting Elvis Presley's continued dominance at the top. It is particularly satisfying to see the enduring commercial legacies of creators like Charles Schulz and J.R.R. Tolkien.