And you were expecting what...
Even if it "went right" I still think the concept needs work.
999 out of 1000 projects are going to fail. They won't get done, some roadblock will be encountered. Or it will get done and someone else will have already produced it cheaper. I saw this happen with the "Android TV" idea. The crowdsourcing...uh, crowd...was touting this "really cool idea" of an Android TV stick for $200. Meanwhile, everyone and his brother started selling them for $69 on Amazon!
Don't get me wrong. Those are just the problems of work and business in general, not just crowdsourcing. I believe that the one thing that will solve our Recession and unemployment is ready access to capital...however, what people really need is the democritization of the big money so anyone can just go and get see money even without "the crowd" standing by. In return, the few winners will return profit to the pool -- just like in typical investment venture capital.
So many more people could be working on independent ideas and businesses. Even if most fail they will advance technology, keep people employed and off the welfare lines...
