How Hashtagging the Web Could Improve Our Collective Intelligence - 0 views
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Judy O'Connell on 12 Nov 11I rolled my eyes when the Library of Congress announced in the spring of 2010 that it would be archiving Twitter. Great, I thought - drunken tweets about burritos preserved for eternal posterity. But the Library of Congress, as it turns out, was more forward thinking than I could have imagined. Twitter data, presumed to represent the pulse - and sometimes the future - of popular consciousness, now commands big bucks from hedge funds that in turn use Twitter data to make investment predictions. Even scientists are tapping into Twitter data for research purposes.