If you’ve got a few minutes to burn, head over the WhiteGloveTracking.com to take part in a hilarious crowdsourcing experiment.

The site asks 10,060 visitors to each do one tiny part of a large project — isolating Michael Jackson’s famous white glove in a video performance of Billy Jean. You are given one still from the video, and you simply draw a box around the glove. Simple.

The content is meaningless, but the process illustrates one of Web 2.0’s most exciting concepts: crowdsourcing. The flatness of the web has created a vast, largely untapped pool of human resources. Millions of brains connected to the Internet. Some of those brains are willing to put in small amounts of simple work, for no tangible profit. Add up the efforts of the crowd, and you can accomplish big projects. Many hands make light work, and all that jazz.

Hats off to the Eyebeam Labs guys for cooking up another good – if entirely too silly – example of Web 2.0 fun. (And thanks to Matthew Willse for sending me the link!)