Google + The Wisdom Of Crowds = Ownage
By Daniel Miessler on September 22nd, 2005: Tagged as Fanboy | Google
An awesome book came out a while back called “The Wisdom of Crowds”. It was basically about the fact that groups of people making independent decisions have a highly accurate, nearly uncanny predictive ability.
In other words, if you take a group of 1000 people and ask them to guess about something, their collective guess is likely to be far more accurate than even people who are supposedly good at guessing. Or, to put it another way, the wisdom of a crowd can often exceed that of trained professionals when it comes to making predictions.
Anyway, very cool concept. So the news now is that Google is now using this very concept to decide how to shape their business. Be afraid. Be very afraid.
Google pwns joo.
By the way, hasn’t it been too long since a good “Google = NSA” meme got started? I thought so too.