The dramatic rise in social media during the past decade has empowered people to easily create and maintain an ongoing dialogue with friends and family regardless of their locations. Today, it is almost impossible to escape posts, Tweets, texts, chats, and even the old school SMS. For the upcoming…

While the first part of “The Power of Crowds” was dedicated to the different forms of crowdfunding, the second part will explore how crowdsourcing can be used to collect intellectual contributions from a large community for the purpose of completing a difficult task. Once again, it has been…