The wisdom of crowds…
A recurring theme these years is the Wisdom of Crowds meme, from the eponymous book by James Surowiecki: the average opinion of a great number of uninformed people is often better than the informed opinion of a few experts. .
The book is not short on examples to support its point of view, from
the weight of a cow at a farm show to the sales forecast at an IT
manufacturer. It even led to the creation of a wealth of companies
dabbling in prevision…