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	<title>Richard's Blog &#187; wisdom_of_crowds</title>
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		<title>Wisdom of the Crowds</title>
		<link>http://richardshow.org/blog/2008/01/31/wisdom-of-the-crowds/</link>
		<comments>http://richardshow.org/blog/2008/01/31/wisdom-of-the-crowds/#comments</comments>
		<pubDate>Thu, 31 Jan 2008 18:10:24 +0000</pubDate>
		<dc:creator>Richard</dc:creator>
				<category><![CDATA[web and new media]]></category>
		<category><![CDATA[wisdom_of_crowds]]></category>

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		<description><![CDATA[Our theme for this week is virtual communities/crowds/mobs. As far as the crowds, I saw an excellent talk at the 2006 SXSW interactive conference given by James Surowiecki. This whole 1 hour talk is on line on the sxsw site. The talk is loaded with many examples that support his ideas, and theories/research from a [...]]]></description>
			<content:encoded><![CDATA[<p>Our theme for this week is virtual communities/crowds/mobs. As far as the crowds, I saw an excellent <a href="http://2006.sxsw.com/interactive/programming/panels/?action=show&amp;id=IAP060051">talk at the 2006 SXSW interactive conference</a> given by <a href="http://en.wikipedia.org/wiki/James_Surowiecki">James Surowiecki</a>. This <a href="http://server1.sxsw.com/2006/coverage/SXSW06.INT.20060311.WisdomOfCrowds.mp3">whole 1 hour talk</a> is on line on the sxsw site. The talk is loaded with many examples that support his ideas, and theories/research from a number of sources. If we accept these things, the most important question becomes: what factors are important in determining when &#8220;crowd wisdom&#8221; will be more accurate than expert wisdom, so <a href="http://webandnewmedia.org/audio/wisdom_clips.mp3">I made a seven minute clip</a>, from different places in his talk, that focus on these important factors: objective aggregation (my term), diversity, independence.</p>
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