The Wisdom Of Crowds by Joe Abercrombie

The book explores the idea that large groups of people are collectively smarter than individual experts when it comes to problem-solving, decision-making, innovation, and predicting outcomes. The author delves into various case studies and anecdotes to illustrate how the aggregation of information in groups results in decisions that are often better than those made by any single member of the group. The text also discusses the conditions necessary for crowd wisdom to prevail, such as diversity of opinion, independence of members from one another, decentralization, and a method for aggregating opinions. The insights provided challenge the conventional wisdom that only experts can provide solutions to complex problems and instead highlight the potential of harnessing the collective intelligence of the masses.

The 11298th greatest book of all time

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Total Points: 3

Since this book was first published in 2021, there is a penalty of 75.2%. The age adjusted score is 0.74.

This is to prevent newer books from reaching super high on the ranked list of the greatest books of all time. The greatest books should also stand the test of time.