
First off, I'm not dissing
this book.
It's a good book, and Surowiecki was trying to tackle the same question I am:
“why do some crowds turn to madness, or wisdom?”
Surowiecki's answer: crowds make good decisions when everybody is as independent as possible.
He gives the story of a county fair,
where the townsfolk were invited to guess the weight of an ox.
Surprisingly, the average of
all their guesses was better than any
one guess.
But, here's the rub: the people have to guess
independently of each other.
Otherwise,
they'd be influenced by earlier incorrect guesses,
and the average answer would be highly skewed.
But... I don't think "make everyone as independent as possible" is the full answer.
Even geniuses, who we mischaracterize as the most independent thinkers,
are deeply influenced by others. As Sir Isaac Newton said,
“If I have seen further, it is by standing on the shoulders of Giants.”
So, which idea is correct?
Does wisdom come from thinking for yourself, or thinking with others?
The answer is: "yes".
So that's what I'll try to explain in this explorable explanation:
how to get that sweet spot between independence and interdependence —
that is, how to get a wise crowd.