With the 2008 election primaries getting earlier and earlier - New York just moved theirs to February 5th - it's going to be crucial for the candidates to have a tight feedback loop with their supporters.
This is the first election where interaction between candidates and their supporters - and detractors - is truly possible. User-generated content will help drive that interaction. But the key to that interaction is to provide tools so that crowds become wise ones, not unruly mobs. Those tools are not present on the current crop of social networks and video uploading sites.
For example, on MySpace top rock bands can get thousands of friend requests per day; these "friends" have no meaningful way of interacting with each other or their favorite band. They're merely a collection of id's that cannot be forged into a collective. Which is a real shame, because asking to be a friend expresses a need to connect and participate. So new tools are emerging outside of the current social network structure to allow interaction and consensus within the crowd, and to leverage the collective intelligence of those who share common goals. That's where the real power will emerge.
If you're a rock band, finding out what your crowd collectively thinks is important, but not profound. If you're a political candidate, it's sheer profundity. The quicker the feedback loop, the more agile the candidate. Collective intelligence is all about providing tools to enable crowds to self-organize and make decisions.
The theory is that collective intelligence applied to user generated content will make for a well-informed voting public. That's just what CrowdRules is all about. Let's see what happens!
DM