The Wisdom of Crowds
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. With boundless erudition and in delightfully clear prose, S...
Was a big one for me. That meant a lot to me and there are still some great little tidbits in there. – source
Apr 16, 2008Mind-blowing examples of how groups of diverse people acting independently are smarter than any one person in the group. Has huge implications for management, markets, decision-making, and more. – source
Jun 16, 2021@Fxflow There are some wonderful examples of that in @JamesSurowiecki's book. But there are times when even the crowds get it wrong – source