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The wisdom of the crowd is the collective opinion of a diverse and independent group of individuals rather than that of a single expert. This process, while not new to the Information Age, has been pushed into the mainstream spotlight by social information sites such as Quora, Reddit, Stack Exchange, Wikipedia, Yahoo!
Jul 31, 2022 · Wisdom of crowds is the idea that large groups of people are collectively smarter than individual experts when it comes to problem-solving, decision-making, innovating, and predicting.
The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations, published in 2004, is a book written by James Surowiecki about the aggregation of information in groups, resulting in decisions that, he argues, are often better than could have been made by any single member ...
- James Surowiecki
- 2004
Jan 31, 2013 · The Real Wisdom of the Crowds. By Ed Yong. January 31, 2013. • 6 min read. In 1907, Sir Francis Galton asked 787 villagers to guess the weight of an ox. None of them got the right answer, but...
Jul 8, 2014 · The notion that a group’s judgement can be surprisingly good was most compellingly justified in James Surowiecki’s 2005 book The Wisdom of Crowds, and is generally traced back to an observation by...
Aug 16, 2005 · In this fascinating book, New Yorker business columnist James Surowiecki explores a deceptively simple idea: Large groups of people are smarter than an elite few, no matter how brilliant—better at solving problems, fostering innovation, coming to wise decisions, even predicting the future.
Mar 12, 2018 · No Man Is An Island: The Wisdom Of Deliberating Crowds. On March 7, 1907 — almost 111 years ago to the day — the English statistician Francis Galton published a peculiar observation. At a ...
