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This page contains all of the posts and discussion on MemeStreams referencing the following web page: The Wisdom of Crowds. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.
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The Wisdom of Crowds
by Jeremy at 12:31 pm EDT, May 22, 2004 |
Generations have banked on the premises of Sigmund Freud ... The crowd is considerably dumber than its smartest members. This explains, for example, Britney Spears. In "The Wisdom of Crowds," James Surowiecki marshals evidence from the social sciences indicating that people in large groups are, in effect, better informed and more rational than any single member might be. |
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RE: The Wisdom of Crowds
by IconoclasT at 8:37 am EDT, May 24, 2004 |
Jeremy wrote:
] Generations have banked on the premises of Sigmund Freud
] ... The crowd is considerably dumber than its
] smartest members. This explains, for example, Britney
] Spears.
]
] In "The Wisdom of Crowds," James Surowiecki marshals
] evidence from the social sciences indicating that people in
] large groups are, in effect, better informed and more
] rational than any single member might be. Never underestimate the power of stupid people in large groups. |
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