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 :: Mailing Lists

[ILUG] OT: Wisdom of Crowds Applied

[ILUG] OT: Wisdom of Crowds Applied

Michael Watterson watty at eircom.net
Wed Jun 27 10:25:29 IST 2007


oscar cassetti wrote:
> First of all sorry for the off topic:
>
> We have decided to run an experiment based on The Wisdom of Crowds by
> James Surowiecki relating to the technical direction of our company,
> Phorest (www.phorest.com). The concept for the experiment came from an
> idea we had, that if the opinion of a crowd is smarter than the
> smartest people in it - what would happen if the strategic direction
> of our company was decided by the crowd? Surely with enough
> information they would do a better job than we could? 
 From the French Revolution to Big Brother/Reality TV to Web2.0 every 
indication is that the smartness of a crowd is less than its stupidest 
person.

Pick a smart person with vision. It's vision and leadership that makes 
success.

-- 
Mike




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