Convos

The Wisdom of Crowds by James Surowiecki


Listen Later

 James Surowiecki's book, The Wisdom of Crowds, which explores the concept of collective intelligence. Surowiecki argues that the decisions of large, diverse groups of individuals can often be more accurate and insightful than the decisions of experts. The book examines various examples, ranging from market dynamics and political decision-making to the behavior of social groups and organizations, to illustrate how collective wisdom can emerge from seemingly random and decentralized interactions. The author challenges the conventional wisdom that expertise is always superior to collective intelligence and instead proposes that we should embrace the power of crowds and their ability to generate innovative solutions and accurate predictions.

...more
View all episodesView all episodes
Download on the App Store

ConvosBy Convos Media