Friday, November 04, 2005

 

The Wisdom of Crowds

I recently finished listening to James Surowieki's Wisdom of Crowds on my iPod. He mentions three critical components to extract wisdom out of a crowd.
  1. Cognitive diversity
  2. Independent thought, and
  3. Efficient aggregation
He goes on to analyze what happens when one or more of these charactertics is missing. Great book--five stars.

[PermaLink] posted by acadac @ 6:45:00 PM
Comments: Post a Comment

<< Home

This page is powered by Blogger. Isn't yours?