The “crowdsourcing” article kind of goes against what we have read so far. In this case, one artist was benefiting from the use of the new social media, but on the other hand, the internet was causing a loss in profit and clients for an artist whom had already made it big in the real world. So many new artists are benefiting from social media and the rise of the internet there are the artist that are struggling since the internet’s fame those who have been doing things a certain way for years but now all of a sudden its considered outdated.
Crowdsourcing provides an inexpensive and simple way to find exactly the type of media you need. It is organized in a way that both the seller and the buyer are benefiting from it. Through these cheaper businesses the bigger corporations struggle. For example, Harmel, a typically well-off photographer lost business and profit due to the stock photography website. Lower status artists were selling there work and making a profit, while buyers were getting high quality photos for an extremely lower price. In this case, there is really only one way for the larger companies to benefit from this so called “crowdsourcing”… they must by out the company or website. An example of this is theVH1 television show titled Junk 20which was able to use cheep video clips from a website that their parent company purchased. They no longer had difficulty licensing clips thanks to the large amount of clips they received form their crowd. I feel that this is the only way in which all people will benefit. The audience see’s what they want, smaller artist’s work is being used, and the big company benefits from the cheaper purchases. Thus, I see “crowdsourcing” becoming more and more useful as time goes on.
Crowdsourcing is I believe just showing us another venue that social media and technology has opened up for us. Crowdsourcing is extremely helpful college students who are doing class project i.e us with the ebook project. By far the most important benefits is cost wise, opportunity wise for small business and the fact that it is doing something original.