09
Mar
We see tons of startups predicated on the so-called “wisdom of crowds”, an idea that’s been so thoroughly internalized by people, the actual premise, that crowds are wise, are rarely questioned. But maybe when the individuals within the crowd don’t know anything, the crowd doesn’t either.
SxSW: Bryan Caplan: Questioning The Wisdom Of Crowds via paidContent.org
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marco) Anyone who is interested in ideas related to “the wisdom of crowds” or emergence theory should check out this...
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