The Power Of Many Minds -Mental Model 067

Wisdom of the Crowd

A large group’s aggregated answers to questions involving quantity estimation, general world knowledge, and spatial reasoning has generally been found to be as good as, and often better than, the answer given by any of the individuals within the group.

 

Example: In our judicial system, it is not the judge who determines the innocence or guilt of a person. We trust in the wisdom of a crowd; jurors.

 

Wisdom: “The only true wisdom is in knowing you know nothing.” ― Socrates

 

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