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One part people, one part machine. Is that a formula for more effective decision making? A number of high-profile entrepreneurs believe it is, and they are starting companies based on the idea.
In the following post we take a look at three of the most exciting startups entering this emerging market. The movement is a logical development now that millions of people are comfortable posting information online. The web's next step is to leverage machine learning. These are three companies to watch who are doing just that - combining user input with technology that improves its performance by gathering and processing data. In this case they are doing it in order to help people make better decisions, but these are just some of the first consumer technologies that will enter the cyborg-like space that combines people and machines in order to better serve people.
People have been whispering about a new web application in development called Hunch. Today, Flickr co-founder and Hunch head honcho Caterina Fake divulged some more details about the new project on her blog.
The new project aims to become a site that can help anyone make a decision about anything. The way it will do this is through the application of decision trees that are created by contributing users. Using decision trees in expert systems is nothing new, but applying that idea to a crowdsourcing model might possibly be a stroke of genius. Think Aardvark meets Wikipedia and you start to get the idea.