to explore how broad-scope problems can be tackled using social networking tools. The Challenge explores basic research issues such as mobilization, collaboration, and trust in diverse social networking constructs and could serve to fuel innovation across a wide spectrum of applications. DARPA plans to meet with teams to review the approaches and strategies used to build networks, collect information, and participate in the Challenge.Well, you might imagine that incentives were a big part of the winning team’s formula. The MIT Red Balloon Challenge Team offered $2,000 to any individual who sent them a correct location of a balloon. But, to exploit the networks of individuals, they offered additional incentives. If you invited someone to participate in the MIT group and that person found a balloon, you would receive $1,000. If someone invited you (and you invited someone who found the balloon), that person would receive $500 and so on.
How effective was the approach? It took the MIT team less than 9 hours to submit the location of all ten balloons.
Amazing what some social networking, nerds and money will accomplish. Apparently the value of social networking and cash is greater than the opportunity cost of playing Xbox live.ReplyDelete
Blogs are so informative where we get lots of information on any topic. Nice job keep it up!!ReplyDelete