The Wisdom of Crowds Paperback | Pages: 306 pages

List Based On Books The Wisdom of Crowds

Title	:	The Wisdom of Crowds
Author	:	James Surowiecki
Book Format	:	Paperback
Book Edition	:	First Edition
Pages	:	Pages: 306 pages
Published	:	August 16th 2005 by Anchor (first published May 19th 2004)
Categories	:	Nonfiction. Business. Psychology. Economics. Sociology. Science

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In this fascinating book, New Yorker business columnist James Surowiecki explores a deceptively simple idea: Large groups of people are smarter than an elite few, no matter how brilliant–better at solving problems, fostering innovation, coming to wise decisions, even predicting the future.

With boundless erudition and in delightfully clear prose, Surowiecki ranges across fields as diverse as popular culture, psychology, ant biology, behavioral economics, artificial intelligence, military history, and politics to show how this simple idea offers important lessons for how we live our lives, select our leaders, run our companies, and think about our world.

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Original Title:	The Wisdom of Crowds
ISBN:	0385721706 (ISBN13: 9780385721707)
Edition Language:	English URL http://www.randomhouse.com/features/wisdomofcrowds/

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Ratings: 3.81 From 21956 Users | 717 Reviews

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The book is highly listenable but suffers greatly from events which have transpired in the years since its original publication (2005 vs. today 2013). The financial crisis and stock market crash really do poke holes in a lot of his narrative on how groups out perform individuals.I would not recommend using a credit today for this book because it is outdated by recent events and we have evolved technologically since those days. I do like the authors main theme that groups out perform individuals

Im trying to remember the first time I heard the phrase: Group Think. It might have been when a teacher pointed out a logical fallacy during a group presentation, or from a judge in a debate tournament, but I definitely remember hearing the phrase in reaction to the second gulf war and all the accusations and recriminations associated with it. Like many people, I heard that phrase and wondered: is that the polite way of saying: we all screwed up? Though he writes as part of the aftermath of the

Two heads are better than one. And a hundred heads are even better. And a thousand are almost perfect. Watch the asymptote as it approaches infinity... You are getting veeeerrrry sleeeeepy...This is a very interesting concept, fleshed out into a very boring book. It seems like a graduate thesis that got stretched to book length for publication in hopes of drafting the popular slipstream of writers such as Malcolm Gladwell.The premise is fascinating, and the first chapter delivers. After that it

Maybe somewhere inside this poorly written, incoherent book, there's a decent short article waiting to be written. Who knows, maybe that article has already been written, and that's why this foolishness has been perpetrated. My heart goes out to the poor fool who had to edit this thing; that's assuming it was edited, because you really can't tell by reading it. What must it have been like before the editing? Fortunately, the basic idea isn't hard to understand, and certainly it's repeated often

One of our VPs asked if I had read this and would recommend it for our company's global book club. I said no but jokingly added that I could read it tonight and let her know tomorrow. She didn't realize I was joking, so...now I'm reading it tonight.Sometimes these things happen.-----This book does get dry at times, but it has a lot of information in it. What I particularly liked about it is that it referenced all kinds of studies. This is not a book of opinions or a representation of a speakers

In reading Surowieckis The Wisdom of Crowds, I found myself finally patting myself on the back for being what Ive always been: average. Finallysomeone championing the wisdom of the little guy. The entire book is built around the idea of a crowd knowing whats best. From figuring out how to maneuver a crowded street to finding lost submarines and judging economics, the crowd has got it down. Surowiecki makes an easily compelling case for the crowd, and he manages to do it in an entertaining way.

The Wisdom of Crowds is not an argument against experts, but against our excessive faith in the single individual decision maker. I think there are two big problems with relying on a single individualno matter how well-informed. The first is that true expertsthat is, the real titansare surprisingly hard to identifyThe second, and more important, problem is that even brilliant experts have biases and blind spots, and so they make mistakes. And what's troubling is that, in general, they don't know