Submitted by Can Koklu03.24.2008
I feel bad for doing this, but so many of the suggestions are vague in terms of measurement and deadlines that it had to be done.
This is a prediction that by 2009, more than 90% of the active predictions at the site (www.thestandard.com) will:
- have category tags;
- be properly capitalized (as per tinyurl.com/2pb6u5 );
- be measurable;
- have a prediction close date at least a couple of days before the prediction's end date (to prevent last second dumping);
- clearly state the way the prediction is going to be measured.
Suggested Odds50.00%
Prediction Close Date:12.25.2008 (EST)
Members will be rewarded with S$25,000.00 Standard Dollars for successfully submitting Suggestions which are popularly accepted by the community, vetted by The Industry Standard and added to the site.
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btw, if this does make it as a legitimate prediction, I will be betting against it.
I think the active predictions already meet this criteria. And if they don't it's the fault of the editorial staff.
Many of the SUGGESTIONS don't fit these criteria.
I've seen a few predictions that don't meet these criteria, you are right in saying that it's the fault of the editorial staff. The thing is, I think it is the fault of the editorial staff that they do not explain these rules clearly enough.
BTW, here are a couple of predictions that are not really clear:
www.thestandard.com/predictions/apples-itunes-displace-wal-mart-largest-...
Problem: Not clear what metric is going to be used.
www.thestandard.com/predictions/ad-spending-will-shift-impression-perfor...
Problem: Just read it and you'll see.
This has been a tough one in the early goings, guys. We are in the process of completely revamping the predictions/suggestions right now. A part of that update will involve many things, including how suggestions are submitted by the community.
First and foremost, we're want to make Suggestions EDITABLE after posting. Certain site members with high ranks will actually be allowed to edit Suggestions as they see fit, showing an audit trail.
Also, per categories, this is being overhauled as well. As we roll out each of the major upgrades, you'll see new changes to how categories are picked and chosen.
Having the prediction/closing date end prior to the actual judgment would be fabulous, although trying to explain the value of this to the mass majority of users is something we are still working through. The form has to be completely bullet proof. You guys are obviously pros in this market, so your opinions are highly valued. All of your contributions are noted, and appreciated.
Let me just reassure you that we're working on a lot of things in the background, and while this product is in Beta, it's just the beginning.
Obviously, we can't control what the community submits. But, we might be able to "lead" them in the right direction, or overwrite them (as long as the spirit of their contribution stays intact). How that impacts the award system when Suggestions are approved is TBD.
A couple of thoughts...
You could just not bother to (directly) incentivize language suggestions. I'll continue to toss them out there because it makes the predictions more playable. That's enough reward for me.
If you DID want to then just have the editors be able to toss S$5,000 to the first person to post a suggestion/improvement which the editor incorporates into an accepted suggestion. Perhaps it could be an editor's discretion type of thing. If it's a significant contribution then it gets the additional award, otherwise it's just a minor tweak and we carry on as now.
If you want to incentivize proper suggestion creation in the first place, have the S$5,000 come out of the S$25,000 bounty for an accepted suggestion.
I'd favor it being an additional award, with no cost to the suggester, but that does somewhat allow people to continue being sloppy when they first set suggestions up.
Gets a bit harder if you start allowing users (even a select group of non-staffers) edit directly.
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