4 ms·
The opinion of a crowd is "real and highly accurate"? The opinion of crowds is frequently completely disconnected from reality. Crowds are often an amplifier of
by discreteevent 3y ago
The opinion of a crowd is "real and highly accurate"? The opinion of crowds is frequently completely disconnected from reality. Crowds are often an amplifier of individual delusion. As for accuracy, the only thing the opinion of a crowd is accurate about is the opinion of that particular crowd (not even "the crowd" - look at election polling)
- naasking 3y agoThe wisdom of the crowds works given a large and diverse sample of independent predictors. People who don't know anything about a topic will vote randomly so their votes effectively cancel each other out, but people who know more about a particular topic will be biased towards correct answers.