Netflix Prize
Netflix wants to improve the accuracy of movie recommendations by 10%. What do they do? Hire consultants? Programmers? Team up with a university? No, in a new twist on the practice of crowdsourcing, they offer a $1 million grand prize to the first team to succeed.
An interesting idea that scored a publicity coup in the bargain.
More: Chris Anderson explains why more accurate DVD recommendations are worth $1 million.
Technorati Tags: Netflix, crowdsourcing


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