The Wisdom of Crowds

James Surowiecki’s exploration into the collective intelligence of groups offers a compelling argument that, under the right circumstances, groups can be smarter than even the most informed individuals. By dissecting a variety of real-world examples—from markets and elections to trivia contests and disaster response—Surowiecki demonstrates how the aggregation of diverse perspectives often leads to remarkably accurate decisions, predictions, and innovations. The book challenges conventional wisdom about expertise, groupthink, and the pitfalls of majority rule, making it essential reading for anyone interested in decision-making, management, or group dynamics.

• Diversity of opinion is crucial:...

  Full summary available for members.

  Log in or create a free account to view.