Tuesday, January 27, 2009

The Wisdom of Crowds

James Surowiecki
Mr. Surowiecki gives a compelling talks about the power and collective wisdom of crowds. He believes we can arrive at superior decisions by aggregating our collective intelligence in groups.

Surowiecki explores a deceptively simple idea that has profound implications: 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.

A basic summary of The Wisdom of Crowds.

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