Crowdfunding Review: Exploding Kittens; Bankrupt Zano; Will Crowdsourcing Ever Work?

Crowdsourcing HypeRobots and artificial Intelligence will destroy 5.1 million jobs by 2020 says a study on the “Future of Jobs”.Crowdsourcing was one of the big factors noted in the study.My comment last Friday was “I suspect crowdsourcing is one of those things with huge potential that never really flies because there is no money in it for anyone.”More accurately, I should have said “no net money for anyone but the promoters”.This weekend, readers emailed a series of article on a cwowdsourcing that I had not seen.Crowdsourced Zano ImplodesPlease consider the January 18 Media.Com article How Zano Raised Millions on Kickstarter and Left Most Backers with Nothing.The gist of the story is one of Zano, a drone-maker that sought to raise $190,000 to put a prototype into production. The company raised…


Link to Full Article: Crowdfunding Review: Exploding Kittens; Bankrupt Zano; Will Crowdsourcing Ever Work?