Keeping with this week s theme of prediction, I just finished reading The Wisdom of Crowds written by New Yorker writer James Surowiecki. The book makes theMessage 1 of 1 , Aug 12, 2004View Source
Keeping with this week's theme of prediction, I just finished reading The Wisdom of Crowds written by New Yorker writer James Surowiecki. The book makes the case that large groups can make great decisions, often better than any individual in a group, if three conditions occur:
- diversity of the members of the group,
- independent opinions of the group members, and
- a method for aggregation of the opinions.
Chapter 8 is devoted to science and how many widely spread scientists developing and criticizing various theories lead to explosive growth in our understanding. He also notes that this ideal world has its flaws as unknown researchers have a harder time selling their work than more established scientists.
I don't agree with all the conclusions drawn by Surowiecki but he does lay out what we need to do and not do to benefit from the pooled knowledge of a group. We can also draw lessons in computer science as computation and information gets more distributed that we need to integrate to find the best solutions we can.
Posted by Lance to My Computational Complexity Web Log at 8/12/2004 09:13:05 PM