But Daniel, while I agree with the tendency of crowds to be dumb, there was a book written called The Wisdom of Crowds and it showed that crowds can be smarter than experts. In one instance, the crowd of average people guessed the weight of an ox at a carnival to within 1%.
But cattle experts cannot achieve that much accuracy. Over time, crowds can learn -- like they did in Italy.
This is why "they" always have to create a new emergency.
1 in 5,000. That’s great news for the 4,999.
Yes.
The >actions< and/or >commentary< of crowds/groups always default to their "least common denominator" - the stupidest of the stupid.
"Individuals"/high-level "critical-thinkers"/"lone-wolves", without intention, do not participate in "crowds".
But Daniel, while I agree with the tendency of crowds to be dumb, there was a book written called The Wisdom of Crowds and it showed that crowds can be smarter than experts. In one instance, the crowd of average people guessed the weight of an ox at a carnival to within 1%.
But cattle experts cannot achieve that much accuracy. Over time, crowds can learn -- like they did in Italy.