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This page contains all of the posts and discussion on MemeStreams referencing the following web page: The Ignorance 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.

The Ignorance of Crowds
by noteworthy at 6:54 pm EDT, Jun 2, 2007

Nicholas "IT Doesn't Matter" Carr weighs in on Wikipedia.

Now that we’ve arrived at the 10th anniversary of the first appearance of “The Cathedral and the Bazaar,” it seems like an opportune moment to take a closer look at both the benefits and the limitations of peer production as a means of business innovation. What’s the bazaar good for, and what isn’t it good for?

Here's a nugget:

It seems fair to say that although the bazaar should be defined by diversity, the cathedral should be defined by talent. When you move from the bazaar to the cathedral, it’s best to leave your democratic ideals behind.


 
 
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