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August 21, 2004
Dave Pollard on Surowiecki's The Wisdom Of Crowds
Posted by Stowe Boyd
Dave has a long post about James Surowiecki's The Wisdom of Crowds, which is obviously a must read, and great confirmation of the value of swarm intelligence.
Jame Surowiecki
There is no evidence that one can become expert in something as broad as decision-making, policy, or strategy...or perhaps even management. ... Large groups of diverse individuals will make more intelligent decisions than even the most skilled decision-maker.
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