Crowd Wisdom Principles
Hypermind
Why leaders watch it
Explains why aggregated independent judgments beat individual experts, and why diversity matters in group decisions.
A ten-minute explainer from Hypermind on the wisdom of crowds, covering Galton's discovery and the diversity theorem. It argues that collective intelligence comes from diversity, independence and aggregation.
Takeaways
- Aggregate independent estimates beat most individuals
- Diversity of views reduces collective error
- Independence prevents herding
Topics: Decision making & mental models, Building teams & trust
Related
- BBC - The Code - The Wisdom of the Crowd · timb6
- Resilience is a Choice | Jeff Harmon | TEDxHarvard Square · TEDx Talks
- Days to Seconds: Harnessing Confidential AI Agents with Kellie Romack · Opaque Systems, Inc.
- Richard Feynman Messenger Lectures at Cornell, The Character of Physical Law, Part 7: Seeking New Laws (1964) · Arindam Kumar Chatterjee
- Social Physics: How Good Ideas Spread | Sandy Pentland | Talks at Google · Talks at Google
- Teddy Talks - Citizenship in a Republic (includes The Man in the Arena) · MedoraND
- Why Being Delusional is a Superpower · Veritasium
- Climbing Kilimanjaro in a Wheelchair: Jeff Harmon on Leadership, Courage & Kindness · Michael G Neece
- Kellie Romack on how ServiceNow Generated $355M in AI Value | Technovation 1062 · Metis Strategy
- Leadership, Culture, and Ethics in Cybersecurity · Dr. Mansur Hasib - #DrCybersecurity
- Walt Disney's E.P.C.O.T. Film (1966) · The Original EPCOT
- AI Ethics, Impossibility Theorems and Tradeoffs - Chris Stucchio | Crunch 2018 · CraftHub Events