[FRIAM] Amazon.com: The Wisdom of Crowds: Books: James Surowiecki
Giles Bowkett
gilesb at gmail.com
Thu Jun 8 16:47:59 EDT 2006
I haven't read it but Surowiecki presented at South By Southwest this
year (because of the Web 2.0 connection) and I've listened to the
podcast of this presentation a couple times while working out. I
definitely recommend it and the book's on my list to read.
Judging from that presentation, it sounds as if the book would have
probably had a more accurate but less catchy title if he had called it
"The Wisdom Of Decision-Making Markets," because what he says in the
speech is that it's really about how aggregate decisions, summed from
the decisions made by all individuals in a large group of people
competing against each other, consistently outperform the decisions of
the best-informed experts in those groups.
--
Giles Bowkett
http://www.gilesgoatboy.org
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