Power of Web 2.0 mass collaboration in computational intelligence and its’ uses, an example from finance

One of the main issues of concern within world wide web is the emergence of web 2.0 mass collaboration systems and our understanding of this new phenomenon. Web 2.0 systems have gained enormous popularity in recent years, however as is often case with novel technologies, the real merits sometime stay somewhat obscured to many researchers. In this short paper web 2.0 applications are lightly introduced, with parallels to computational intelligence being drawn and some experimental results from the financial markets presented, to illustrate value of web 2.0. This paper highlights a number of important issues that deserve academic attention. We hope this paper will serve as a light and not too technical introduction towards encouraging others in computational intelligence to consider leveraging web 2.0.