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Home Technology Artificial Intelligence

Streamlining Crowdsourcing with Artificial Intelligence: A Promising Study

Using AI in idea screening for crowdsourcing contests can improve efficiency and eliminate bias, leading to better selection of innovative ideas.

by Lilu Anderson
Thu, Jan 4, 2024 12:05am
in Artificial Intelligence
• 3 mins read
14.8k
Streamlining Crowdsourcing with Artificial Intelligence: A Promising Study | FinOracle

Photo: Finoracle.me

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Leveraging AI to Improve Idea Screening in Crowdsourcing Contests

Recent research has explored how artificial intelligence (AI) can be utilized to enhance the ideation process in crowdsourcing contests. Traditionally, managers and their teams have had to manually sift through a multitude of ideas to identify the most promising ones. This is not only time-consuming but also lacks consistency and continuity in evaluation. To address this challenge, researchers have developed a model that leverages AI to screen out “bad” ideas while preserving the good ones. This model allows managers to customize the screening process to determine how many bad ideas to eliminate without losing potentially valuable contributions.

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Tags: AIARArtificial IntelligenceAutomationBiasBusinessCESCrowdsourcingDataEfficiencyIdeaInnovationIntelIntellectual propertyLeverMarketMarketingNew product developmentPotentialResourceTheoryTimeUS
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