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On further reflection, I have to concede that it is not a particularly good example of the wisdom of crowds idea. Whilst I still think you can interpret his ex
by mrow84 13y ago
On further reflection, I have to concede that it is not a particularly good example of the wisdom of crowds idea.
Whilst I still think you can interpret his experiment as showing something about how and why WoC can go wrong, essentially along the lines I previously argued, it is not obvious, and there is some subtlety in the interpretation.
Your original phrasing "the "wisdom of crowds" part of the title is a bit unfortunate" seems most appropriate; indeed the word "crowd" doesn't appear in the rest of the piece.