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By Jimmy Guterman
Publisher: Radar
Released: April 2007
Web 2.0 and financial markets have a lot in common. Both are highly networked information markets driven by collective intelligence. Both have a lot of money at stake. But financial markets have been around a lot longer and are much bigger and more mature, so they might give us insight into possible futures for the Web 2.0 economy. And when you look closer, you can see that Wall Street is learning from Web 2.0, too.
We've barely begun studying the implications of this analogy and the crosstalk between these two marketplaces, but we've already uncovered so much of value that we decided to share what we've learned so far in order to start a broader conversation. |
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Description
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Web 2.0 and financial markets have a lot in common. Both are highly networked information markets driven by collective intelligence. Both have a lot of money at stake. But financial markets have been around a lot longer and are much bigger and more mature, so they might give us insight into possible futures for the Web 2.0 economy. And when you look closer, you can see that Wall Street is learning from Web 2.0, too.
We've barely begun studying the implications of this analogy and the crosstalk between these two marketplaces, but we've already uncovered so much of value that we decided to share what we've learned so far in order to start a broader conversation.
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