Information markets have become increasingly popular over the last decade as their ability to accurately forecast future events including election results and Oscar winners have been publicized (Berg and Rietz, 2003; Elberse and Anand, 2007…Through its adaptive crowd sourcing, the HSX is capable of “predicting movie box office results and entertainment award outcomes—as accurate, or more accurate than expert opinions” (Pennock, Lawrence, Nielsen, Giles; 2001). Wolfers and Zitz…Hollywood Stock Exchange. Traders Correctly Pick 7 out of 8 Top Category Oscar Winners Continuing Its Stellar Record. HSX. Hollywood Stock Exchange, 2007. Web. 21 Feb. 2013. <http://www.hsx.com/about/proscar2007.pdf>.
"Motion Picture Produ…
Steve Lawrence
scientist · 3 mentions across 1 reading
In this course
Steve Lawrence appears in these course readings as co-author of a foundational 2001 paper on the Hollywood Stock Exchange (HSX) that demonstrated how distributed computational systems and crowdsourced prediction markets could outperform expert judgment—a key example of how algorithmic aggregation of collective intelligence challenges traditional authority. The citations use his work to ground arguments about emergent prediction capabilities and market-driven forecasting as alternatives to centralized decision-making, themes relevant to understanding how AI systems distribute cognition across networks rather than concentrating it. This is primarily a technical reference rather than a substantive presence in course arguments about art, society, or cybernetics.
Background
Steve Lawrence was an American singer, comedian, and actor. He was best known as a member of the pop duo Steve and Eydie, with his wife Eydie Gormé. Lawrence also played the featured role of Maury Sline, the manager and friend of the main characters in the 1980 blockbuster film The Blues Brothers and its sequel. Lawrence and Gormé first appeared together as regulars on Tonight Starring Steve Allen in 1954 and continued performing as a duo until Gormé's retirement in 2009.
Wikipedia →Mentioned in 1 reading
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