Ed Cotton of Butler Shine and Stern wants social networks to deliver on the wisdom of crowds promise.
Facebook is attracting a ton of people and it’s doing a great job with the basics, but the real “win” is leveraging the collective wisdom and power of crowds to do something interesting; to buy goods at a discount, to give loans, change the political system, raise environmental standards, reduce poverty and yes, even keep interesting business magazines afloat.
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You are the winner of my best blog headline of the year contest. I need to think of a suitable prize.
Thanks Ed. A trip to Sausalito is always nice.