Comments on: Ignoring the wisdom of crowds http://www.building43.com/blogs/2009/09/19/ignoring-the-widsdom-of-crowds/ We're building43 - what are you building? Sat, 05 Nov 2011 03:01:57 +0000 hourly 1 By: “Chicken and Rice” Public Relations http://www.building43.com/blogs/2009/09/19/ignoring-the-widsdom-of-crowds/comment-page-1/#comment-593 “Chicken and Rice” Public Relations Thu, 15 Oct 2009 07:50:05 +0000 http://www.building43.com/?p=1481#comment-593 [...] catching up on a great post by Jason Cohen on Building 43 a few weeks back.  You can read “Ignoring the wisdom of crowds” in its entirety for yourself; what struck me is how instructive Cohen’s post is not just for [...] [...] catching up on a great post by Jason Cohen on Building 43 a few weeks back.  You can read “Ignoring the wisdom of crowds” in its entirety for yourself; what struck me is how instructive Cohen’s post is not just for [...]

]]> By: Karl Craig-West http://www.building43.com/blogs/2009/09/19/ignoring-the-widsdom-of-crowds/comment-page-1/#comment-445 Karl Craig-West Mon, 28 Sep 2009 20:09:14 +0000 http://www.building43.com/?p=1481#comment-445 The biggest problem with the wisdon of crowds is that when they get it wrong the results can be catastrophic. The current economic state is a classic example of where the crowd thought that the debt-fuelled good times would never end. They failed to take into account that all debts will eventually need to be paid back with real money that has to be earned. The biggest problem with the wisdon of crowds is that when they get it wrong the results can be catastrophic.

The current economic state is a classic example of where the crowd thought that the debt-fuelled good times would never end. They failed to take into account that all debts will eventually need to be paid back with real money that has to be earned.

]]> By: Captured Brainwaves – 23 Sept 2009 | Broadcasting Brain http://www.building43.com/blogs/2009/09/19/ignoring-the-widsdom-of-crowds/comment-page-1/#comment-428 Captured Brainwaves – 23 Sept 2009 | Broadcasting Brain Thu, 24 Sep 2009 01:10:59 +0000 http://www.building43.com/?p=1481#comment-428 [...] Ignoring the widsdom (sp) of crowds – an interesting rebuttal to the “wisdom of crowds” concepts.  Jason Cohen looks at some well touted examples of the power of group decision making (e.g.  a crowd’s average guess of the number of jellybeans in a jar being incredibly close to being accurate; the accuracy of the audience polls during an episode of Who Wants to be a Millionaire) and pokes holes in them. [...] [...] Ignoring the widsdom (sp) of crowds – an interesting rebuttal to the “wisdom of crowds” concepts.  Jason Cohen looks at some well touted examples of the power of group decision making (e.g.  a crowd’s average guess of the number of jellybeans in a jar being incredibly close to being accurate; the accuracy of the audience polls during an episode of Who Wants to be a Millionaire) and pokes holes in them. [...]

]]> By: Slacy’s Blog » Blog Archive » Ignoring the widsdom of crowds - This site is solar powered! http://www.building43.com/blogs/2009/09/19/ignoring-the-widsdom-of-crowds/comment-page-1/#comment-420 Slacy’s Blog » Blog Archive » Ignoring the widsdom of crowds - This site is solar powered! Mon, 21 Sep 2009 17:43:49 +0000 http://www.building43.com/?p=1481#comment-420 [...] via Ignoring the widsdom of crowds. [...] [...] via Ignoring the widsdom of crowds. [...]

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