With boundless erudition and in delightfully clear prose, Surowiecki ranges across fields as diverse as popular culture, psychology, ant biology, behavioral economics, artificial intelligence, military history, and politics to show how this simple idea offers important lessons for how we live our lives, select our leaders, run our companies, and think about our world.
Crowds vs. Experts GovExec.com The theory of collective intelligence—the rationale for paying attention to sites such as Intrade—was made by James Surowiecki in his 2004 book, The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, ... |
Facebook flop underscores questions over valuation Euromoney Magazine “Other social network-type businesses will try to list and the wisdom of crowds will become the madness of crowds: people will just want to be part of the next big IPO.” Given such a fever, it might have been responsible to stick to the original deal ... and more » |
GenCrowd Leverages "The Wisdom of Crowds" to Help People Get Ideas, Content ... San Francisco Chronicle (press release) Based on crowdsourced ideation, GenCrowd launches an online marketplace for startups and small businesses to brainstorm, generate, and refine Ideas for their business. San Francisco, California (PRWEB) May 01, 2012 GenCrowd (www.gencrowd.com) today ... and more » |
Marketing magazine Australia (blog) | 2011 forecast series… Social media Marketing magazine Australia (blog) The web is changing from an information web to a social web, from the wisdom of crowds to the wisdom of friends. When you think about how most of the web has historically been used, not only were we anonymous, but we were searching for specific ... and more » |
Facebook IPO: Did Twitter Crowdsourcing Just Give Us Closing Price? Mashable Anyone who has read the James Surowiecki business science classic The Wisdom of Crowds, and a host of corroborating authors such as Malcolm Gladwell, knows that. So what if you applied that brave new world of expert prediction markets, of crowdsourcing ... and more » |
Forbes | Statistical Proof The Facebook IPO Will Be As Euphoric As Predicted Forbes The offering remains hopelessly oversubscribed, and Facebook has been wisely inching up the offering price so that the company and its insiders get extra money, versus Goldman's favorite customers Even if the wisdom of crowds isn't always so wise, ... and more » |
Big Data and a Brave New World Huffington Post Alex Howard of O'Reilly Media, who also spoke before the Living Cities board recently, articulated a great formula for working with Big Data in this Brave New World: use the wisdom of crowds, power of algorithms and intuition of experts. by Ben Hecht. |
Forbes | The Ins And Outs Of Open Innovation Forbes Crowdsourcing and prediction markets (aka the wisdom of crowds). Crowdsourcing is a great way to access a wide range of ideas that are candidates for development. Proctor and Gamble's “connect and develop” process, which allows anyone in the world to ... |
TechCrunch | Amazon Killed The Book Reviewer Star TechCrunch The likely explanation is what social scientists call the “wisdom of crowds.” A randomly selected consumer reviewer is no match for a professional reviewer, but the average opinion of all laymen is less biased than an expert. and more » |
Twitter is customizing your Who-to-Follow experience VentureBeat In other words, Twitter is harnessing the wisdom of crowds to drive personalized, targeted who-to-follow suggestions that are highly likely to be interesting to you … because people who visit technology-centric sites are more likely to follow ... and more » |
