To quote the description on The Pool’s site:
Distraught over term papers downloaded from the Internet, English departments are budgeting for anti-plagiarism software like Turnitin and EduTie.com. Columbia University has restricted its students’ downloads to 1 megabyte per week. And the Recording Industry Association of America is slapping thousands of file-sharing undergraduates with million-dollar lawsuits. The lesson for students is clear: sharing information is bad.
The Pool offers a very different message. This online environment is an experiment in sharing art, text, and code–not just sharing digital files themselves, but sharing the process of making them. In place of the single-artist, single-artwork paradigm favored by the overwhelming majority of studio art programs and collection management systems, The Pool stimulates and documents collaboration in a variety of forms, including multi-author, asynchronous, and cross-medium projects.
The video above is an introduction to The Pool by another of its principle creators, Jon Ippolito.