by Pete Abilla September 8, 2006Update: This article was dugg and made it to the Digg front page. The traffic came and I discuss the aftermath here. Below is the voting chart for that story: +++++ Inspired by Greg’s insightful post, I thought I’d take a minute (or more) on explaining how Digg is a game. Elements of a Game [...]
continue reading by Pete Abilla June 29, 2006The book "The Wisdom of Crowds" by James Surowiecki explains how the aggregation of information in groups can result in outcomes better than if the decision was made by any single person in the group. He argues that there are 3 types of Crowd Wisdom: Cognition: Market judgment, which he argues can be much faster, [...]
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