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RE: The Wisdom of Crowds

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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.

RE: The Wisdom of Crowds


 
 
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