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I have been working at Wikistrat part-time (more than an year)Pros
The great thing that draws analysts to Wikistrat is the opportunity it provides to interact with dozens, perhaps hundreds, of other analysts. There is constant dialogue with freelance journalists, tenured profs at leading universities, staff at think tanks both small and large, and retired government officials.
For many analysts Wikistrat is a hobby: They contribute in their spare time. As such, the network is a sort of talking shop, with people forecasting events based on their own training and experience. Analysts who opine once a week with 1-2 comments do not get paid, though those with consistently perceptive observations usually do. So, I suspect some of the above mentioned claims of "slavery" are from people who missed the basic point of Wikistrat, and who, without hanging around to see how the outfit works, thought their opinions were intellectual gold and therefore they deserved payment in specie. It doesn't work that way. Like any other professional enterprise, you have to build a reputation by saying things that impresses other people.
Once I made a serious, albeit part-time, commitment to analyzing for Wikistrat my efforts were quickly rewarded. After 3-4 months of contributing regular analysis I started receiving cash prizes; a few months after that I was asked to join simulations where the cash payment was declared up front.Cons
The analyst base skews toward security and terrorism-related issues, and often analysts "reach" when it comes to other domains (economics, energy) and regions (China, Japan, ) where their knowledge base is flimsy. As a result, specific and sophisticated analysis sometimes gets temporarily drown out by analysts who offer long-winded generalities about a topic.Advice to ManagementAdvice
By focusing largely on security issues, Wikistrat neglects other realms where its crowd-sourced model would work to its advantage, such as economic forecasting.RecommendsPositive OutlookApproves of CEO