Tapping the Wisdom of the Crowd

More on co-creation and crowdsourcing in Business Week, pointing out collaborative communities like e.g. Aswarmofangels.com:

This British open source film project takes on Hollywood’s traditional business model, aiming to create cult cinema for the digital age. Subscribers—the “angel” investors that “swarm” to create the site’s name—pay roughly $50 (£25) each to join. The site aims to draw 50,000 angels to create a film with a $1.8 million budget. Project founder Matt Hanson has written two separate movie screenplays that will be edited and refined based on feedback from the subscriber community.

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