The Wisdom of Crowds
- Danna Zylka
- Jun 27, 2020
- 1 min read
Updated: Jul 6, 2020
Author: James Surowiecki
Gist: Large groups of people are smarter than an elite few. Instead of searching for the one expert advisor, gather wisdom from many and make better decisions.
Lenght: 336 pages
Year of Publication: 2005
Language(s): English
Did you read The Wisdom of Crowds? Leave your comment below about how this book helped you in your self improvement journey. If you found it helpful, click the like button.
This book is my inspiration for this website, so I would say it is a pretty impactful read. I find our collective ability to effectively and accurately assess a situation or find a solution, very fascinating. Even though individually we may only contain certain pieces of information, when combined together, collective wisdom approaches extremely high levels of accuracy. That is the reason why almost all companies seek feedback on their products or services. This is a very encouraging phenomena as it supports the idea of innate or evolutionary need for humans to collaborate to solve problems and move ahead.