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The Wisdom of Crowds
- Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations
- Narrado por: Grover Gardner
- Duración: 9 h y 29 m
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Resumen del Editor
This seemingly counterintuitive notion has endless and major ramifications for how businesses operate, how knowledge is advanced, how economies are (or should be) organized, and how we live our daily lives. With seemingly boundless erudition and in delightfully clear prose, Surowiecki ranges across fields as diverse as popular culture, psychology, economic behaviorism, artificial intelligence, military history, and political theory to show just how this principle operates in the real world.
Despite the sophistication of his arguments, Surowiecki presents them in a wonderfully entertaining manner. The examples he uses are all down-to-earth, surprising, and fun to ponder. Why is the line in which you're standing always the longest? Why is it that you can buy a screw anywhere in the world and it will fit a bolt bought ten-thousand miles away? Why is network television so awful? If you had to meet someone in Paris on a specific day but had no way of contacting them, when and where would you meet? Why are there traffic jams? What's the best way to win money on a game show? Why, when you walk into a convenience store at 2:00 A.M. to buy a quart of orange juice, is it there waiting for you? What do Hollywood mafia movies have to teach us about why corporations exist?
The Wisdom of Crowds is a brilliant but accessible biography of an idea, one with important lessons for how we live our lives, select our leaders, conduct our business, and think about our world.
Reseñas de la Crítica
"Surowiecki's style is pleasantly informal, a tactical disguise for what might otherwise be rather dense material. He offers a great introduction to applied behavioral economics and game theory." (Publishers Weekly)
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The Money Formula takes you inside the engine room of the global economy to explore the little-understood world of quantitative finance, and show how the future of our economy rests on the backs of this all-but-impenetrable industry. Written not from a post-crisis perspective - but from a preventative point of view - this book traces the development of financial derivatives from bonds to credit default swaps, and shows how mathematical formulas went beyond pricing to expand their use to the point where they dwarfed the real economy.
De: Paul Wilmott, y otros
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The Click Moment
- Seizing Opportunity in an Unpredictable World
- De: Frans Johansson
- Narrado por: Erik Synnestvedt
- Duración: 7 h y 41 m
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On the one hand we aren’t surprised by the uncertainty of everyday life, but on the other we believe that success can be analyzed and planned for. It is a revealing paradox. The implications are explosive and they obliterate every common-sense notion we have about strategy and planning. The Click Moment is about two very simple but highly provocative ideas.
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Outstanding book!
- De Anilyn Karel en 08-26-24
De: Frans Johansson
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Success and Luck
- Good Fortune and the Myth of Meritocracy
- De: Robert H. Frank
- Narrado por: Robert H. Frank
- Duración: 5 h y 19 m
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How important is luck in economic success? No question more reliably divides conservatives from liberals. As conservatives correctly observe, people who amass great fortunes are almost always talented and hardworking. But liberals are also correct to note that countless others have those same qualities yet never earn much. In recent years, social scientists have discovered that chance plays a much larger role in important life outcomes than most people imagine.
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Not what is advertised
- De Andre en 04-18-17
De: Robert H. Frank
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Machine, Platform, Crowd
- Harnessing Our Digital Future
- De: Erik Brynjolfsson, Andrew McAfee
- Narrado por: Jeff Cummings
- Duración: 10 h y 57 m
- Versión completa
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In The Second Machine Age, Andrew McAfee and Erik Brynjolfsson predicted some of the far-reaching effects of digital technologies on our lives and businesses. Now they’ve written a guide to help listeners make the most of our collective future. Machine | Platform | Crowd outlines the opportunities and challenges inherent in the science fiction technologies that have come to life in recent years, like self-driving cars and 3D printers, online platforms for renting outfits and scheduling workouts, or crowd-sourced medical research and financial instruments.
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Both How AND Why for Techies
- De Dan Collins en 08-11-17
De: Erik Brynjolfsson, y otros
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Perfect Bet
- How Science and Math Are Taking the Luck out of Gambling
- De: Adam Kucharski
- Narrado por: Jonathan Yen
- Duración: 8 h y 34 m
- Versión completa
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From the simple to the intricate and the audacious to the absurd, Adam Kucharski reveals the long and tangled history between betting and science and explains why gambling continues to generate insights into luck and decision making today. Covering exploits and ideas from across the globe, he meets the teams behind hedge funds that capitalize on inaccurate sports betting odds and explains how PhD-level pundits are using methods originally developed for the US nuclear program to predict sports results.
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Nontechnical, wandering far beyond "gaming"
- De Philo en 04-02-16
De: Adam Kucharski
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Good to Great
- Why Some Companies Make the Leap...And Others Don't
- De: Jim Collins
- Narrado por: Jim Collins
- Duración: 10 h y 1 m
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Built To Last, the defining management study of the 90s, showed how great companies triumph over time and how long-term sustained performance can be engineered into the DNA of an enterprise from the very beginning. But what about companies that are not born with great DNA? How can good companies, mediocre companies, even bad companies achieve enduring greatness?
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Good info, over-the-top narration
- De Anaxamaxan en 08-31-10
De: Jim Collins
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Adapt
- Why Success Always Starts with Failure
- De: Tim Harford
- Narrado por: Jonathan Keeble
- Duración: 9 h y 53 m
- Versión completa
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In this groundbreaking work, Tim Harford shows us a new and inspiring approach to solving the most pressing problems in our lives. Harford argues that today’s challenges simply cannot be tackled with ready-made solutions and expert opinions; the world has become far too unpredictable and profoundly complex. Instead, we must adapt. Deftly weaving together psychology, evolutionary biology, anthropology, physics, and economics, along with compelling stories of hard-won lessons learned in the field, Harford makes a passionate case for the importance of adaptive trial-and-error....
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Hidden Agenda
- De Lawrence en 05-20-13
De: Tim Harford
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Forecast
- What Physics, Meteorology, and the Natural Sciences Can Teach Us About Economics
- De: Mark Buchanan
- Narrado por: Fleet Cooper
- Duración: 10 h
- Versión completa
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Picture an early scene from The Wizard of Oz: Dorothy hurries home as a tornado gathers in what was once a clear Kansas sky. Hurriedly, she seeks shelter in the storm cellar under the house, but, finding it locked, takes cover in her bedroom. We all know how that works out for her.Many investors these days are a bit like Dorothy, putting their faith in something as solid and trustworthy as a house (or, say, real estate). But market disruptions - storms - seem to arrive without warning, leaving us little time to react.
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Good Contrarian Book
- De J. Sterz en 04-18-17
De: Mark Buchanan
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The Myth of the Rational Market
- A History of Risk, Reward, and Delusion on Wall Street
- De: Justin Fox
- Narrado por: Alan Sklar
- Duración: 13 h y 38 m
- Versión completa
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Chronicling the rise and fall of the efficient market theory and the century-long making of the modern financial industry, Justin Fox’s The Myth of the Rational Market is as much an intellectual whodunit as a cultural history of the perils and possibilities of risk. The book brings to life the people and ideas that forged modern finance and investing, from the formative days of Wall Street through the Great Depression and into the financial calamity of today.
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Probably most interesting to economists
- De D. Martin en 06-29-12
De: Justin Fox
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More Than You Know
- Finding Financial Wisdom in Unconventional Places
- De: Michael J. Mauboussin
- Narrado por: Sean Runnette
- Duración: 7 h y 27 m
- Versión completa
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Since its first publication, Michael J. Mauboussin's popular guide to wise investing has been translated into eight languages and has been named best business book by BusinessWeek and best economics book by Strategy+Business. Now updated to reflect current research and expanded to include new chapters on investment philosophy, psychology, and strategy and science as they pertain to money management.
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Liked it better when it was written by Taleb
- De Ian en 11-24-18
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The Undercover Economist
- De: Tim Harford
- Narrado por: Robert Ian Mackenzie
- Duración: 10 h y 6 m
- Versión completa
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Author of the extremely popular "Dear Economist" column in Financial Times, Tim Harford reveals the economics behind everyday phenomena in this highly entertaining and informative book. Can a book about economics be fun to read? It can when Harford takes the reins, using his trademark wit to explain why it costs an arm and a leg to buy a cappuccino and why it's nearly impossible to purchase a decent used car.
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Everyone needs to know this.
- De Paul Norwood en 04-24-06
De: Tim Harford
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The Language of Trust
- De: Michael Maslansky
- Narrado por: Michael Maslansky
- Duración: 7 h y 26 m
- Versión completa
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Still struggling through the financial crisis that began in 2008, consumers aren't buying traditional sales approaches anymore. So how do salespeople, corporate communicators, managers, and marketers sell their ideas, products, and services to a generation of customers who are more skeptical and less influenced by conventional marketing than ever before?
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Are you communicating or just talking?
- De Shawn en 11-08-10
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Originals
- How Non-Conformists Move the World
- De: Adam Grant, Sheryl Sandberg - foreword
- Narrado por: Fred Sanders, Susan Denaker
- Duración: 10 h y 1 m
- Versión completa
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With Give and Take, Adam Grant not only introduced a landmark new paradigm for success but also established himself as one of his generation’s most compelling and provocative thought leaders. In Originals he again addresses the challenge of improving the world, but now from the perspective of becoming original: choosing to champion novel ideas and values that go against the grain, battle conformity, and buck outdated traditions. How can we originate new ideas, policies, and practices without risking it all?
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Interesting, but not science
- De Lloyd Fassett en 03-14-16
De: Adam Grant, y otros
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The Wisdom of Crowds
- Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations
- De: James Surowiecki
- Narrado por: Erik Singer
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In this endlessly fascinating book, New Yorker columnist James Surowiecki explores a deceptively simple idea that has profound implications: large groups of people are smarter than an elite few, no matter how brilliant. Groups are better at solving problems, fostering innovation, coming to wise decisions, even predicting the future.
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great discourse on group dynamics....
- De Hamad en 08-12-04
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The Madness of Crowds
- Gender, Race and Identity
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In The Madness of Crowds Douglas Murray investigates the dangers of ‘woke’ culture and the rise of identity politics. In lively, razor-sharp prose he examines the most controversial issues of our moment: sexuality, gender, technology and race, with interludes on the Marxist foundations of ‘wokeness’, the impact of tech and how, in an increasingly online culture, we must relearn the ability to forgive.
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An Urgent Read for Our Over-woke Times
- De Justin J. Norman en 09-26-19
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The Crowd: A Study of the Popular Mind
- De: Gustave Le Bon
- Narrado por: Glen Reed
- Duración: 5 h y 24 m
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Charles-Marie Gustave Le Bon (1841 - 1931) was a French polymath who wrote on anthropology, psychology, sociology, medicine, and physics. He is best known for his 1895 work The Crowd: A Study of the Popular Mind’, which is considered a seminal work of crowd psychology. In the book, Le Bon identifies the primary characteristics of crowd psychology as impulsiveness, irritability, incapacity to reason, the absence of critical judgement, and the exaggeration of feelings.
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The Fourth Industrial Revolution
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- Duración: 5 h y 32 m
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World-renowned economist Klaus Schwab, founder and executive chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work.
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Friendly reminding : On August 15th, 1971, the dec
- De steve white en 03-24-21
De: Klaus Schwab
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Memoirs of Extraordinary Popular Delusions and the Madness of Crowds
- De: Charles MacKay
- Narrado por: Grover Gardner
- Duración: 27 h y 1 m
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Why do otherwise intelligent individuals form seething masses of idiocy when they engage in collective action? We may think that the Great Crash of 1929, junk bonds of the '80s, and over-valued high-tech stocks of the '90s are peculiarly 20th century aberrations, but Mackay's classic - first published in 1841 - shows that the madness and confusion of crowds knows no limits, and has no temporal bounds.
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People don't change
- De J. en 07-05-16
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When Genius Failed
- The Rise and Fall of Long-Term Capital Management
- De: Roger Lowenstein
- Narrado por: Roger Lowenstein
- Duración: 9 h y 12 m
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Roger Lowenstein, the bestselling author of Buffett, captures Long-Term's roller-coaster ride in gripping detail. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein crafts a story that reads like a first-rate thriller from beginning to end. He explains not just how the fund made and lost its money, but what it was about the personalities of Long-Term's partners, the arrogance of their mathematical certainties, and the late-nineties culture of Wall Street that made it all possible.
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When Genius Failed
- De Sean en 12-17-08
De: Roger Lowenstein
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The Wisdom of Crowds
- Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations
- De: James Surowiecki
- Narrado por: Erik Singer
- Duración: 5 h y 53 m
- Versión resumida
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General
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Narración:
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Historia
In this endlessly fascinating book, New Yorker columnist James Surowiecki explores a deceptively simple idea that has profound implications: large groups of people are smarter than an elite few, no matter how brilliant. Groups are better at solving problems, fostering innovation, coming to wise decisions, even predicting the future.
-
-
great discourse on group dynamics....
- De Hamad en 08-12-04
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The Madness of Crowds
- Gender, Race and Identity
- De: Douglas Murray
- Narrado por: Douglas Murray
- Duración: 11 h y 56 m
- Versión completa
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General
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Historia
In The Madness of Crowds Douglas Murray investigates the dangers of ‘woke’ culture and the rise of identity politics. In lively, razor-sharp prose he examines the most controversial issues of our moment: sexuality, gender, technology and race, with interludes on the Marxist foundations of ‘wokeness’, the impact of tech and how, in an increasingly online culture, we must relearn the ability to forgive.
-
-
An Urgent Read for Our Over-woke Times
- De Justin J. Norman en 09-26-19
De: Douglas Murray
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The Crowd: A Study of the Popular Mind
- De: Gustave Le Bon
- Narrado por: Glen Reed
- Duración: 5 h y 24 m
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Charles-Marie Gustave Le Bon (1841 - 1931) was a French polymath who wrote on anthropology, psychology, sociology, medicine, and physics. He is best known for his 1895 work The Crowd: A Study of the Popular Mind’, which is considered a seminal work of crowd psychology. In the book, Le Bon identifies the primary characteristics of crowd psychology as impulsiveness, irritability, incapacity to reason, the absence of critical judgement, and the exaggeration of feelings.
De: Gustave Le Bon
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The Fourth Industrial Revolution
- De: Klaus Schwab
- Narrado por: Nicholas Guy Smith
- Duración: 5 h y 32 m
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Historia
World-renowned economist Klaus Schwab, founder and executive chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work.
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Friendly reminding : On August 15th, 1971, the dec
- De steve white en 03-24-21
De: Klaus Schwab
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Memoirs of Extraordinary Popular Delusions and the Madness of Crowds
- De: Charles MacKay
- Narrado por: Grover Gardner
- Duración: 27 h y 1 m
- Versión completa
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General
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Historia
Why do otherwise intelligent individuals form seething masses of idiocy when they engage in collective action? We may think that the Great Crash of 1929, junk bonds of the '80s, and over-valued high-tech stocks of the '90s are peculiarly 20th century aberrations, but Mackay's classic - first published in 1841 - shows that the madness and confusion of crowds knows no limits, and has no temporal bounds.
-
-
People don't change
- De J. en 07-05-16
De: Charles MacKay
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When Genius Failed
- The Rise and Fall of Long-Term Capital Management
- De: Roger Lowenstein
- Narrado por: Roger Lowenstein
- Duración: 9 h y 12 m
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General
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Historia
Roger Lowenstein, the bestselling author of Buffett, captures Long-Term's roller-coaster ride in gripping detail. Drawing on confidential internal memos and interviews with dozens of key players, Lowenstein crafts a story that reads like a first-rate thriller from beginning to end. He explains not just how the fund made and lost its money, but what it was about the personalities of Long-Term's partners, the arrogance of their mathematical certainties, and the late-nineties culture of Wall Street that made it all possible.
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When Genius Failed
- De Sean en 12-17-08
De: Roger Lowenstein
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What I Learned Losing a Million Dollars
- De: Jim Paul, Brendan Moynihan, Jack Schwager - foreword
- Narrado por: Patrick Lawlor
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Jim Paul's meteoric rise took him from a small town in Northern Kentucky to governor of the Chicago Mercantile Exchange, yet he lost it all - his fortune, his reputation, and his job - in one fatal attack of excessive economic hubris. In this honest, frank analysis, Paul and Brendan Moynihan revisit the events that led to Paul's disastrous decision and examine the psychological factors behind bad financial practices in several economic sectors.
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There are better uses of your time
- De Cora Keegan en 09-12-15
De: Jim Paul, y otros
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Reminiscences of a Stock Operator
- De: Edwin Lefevre
- Narrado por: Jason McCoy
- Duración: 9 h y 21 m
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Reminiscences of a Stock Operator is the thinly disguised biography of Jesse Livermore, a remarkable character who first started speculating in New England bucket shops at the turn of the century. Livermore, who was banned from these shady operations because of his winning ways, soon moved to Wall Street where he made and lost his fortune several times over. What makes this book so valuable are the observations that Lefèvre records about investing, speculating, and the nature of the market itself.
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Modern Trader Must Read
- De Anonymous User en 09-17-23
De: Edwin Lefevre
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Free to Choose
- A Personal Statement
- De: Milton Friedman, Rose Friedman
- Narrado por: James Adams
- Duración: 12 h y 15 m
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Milton Friedman and his wife, Rose, teamed up to write this most convincing and readable guide, which illustrates the crucial link between Adam Smith's capitalism and the free society. They show how freedom has been eroded and prosperity undermined through the rapid growth of governmental agencies, laws, and regulations.
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Fantastic
- De Erik en 01-21-08
De: Milton Friedman, y otros
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Noise
- A Flaw in Human Judgment
- De: Daniel Kahneman, Olivier Sibony, Cass R. Sunstein
- Narrado por: Jonathan Todd Ross
- Duración: 13 h y 28 m
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From the best-selling author of Thinking, Fast and Slow, the co-author of Nudge, and the author of You Are About to Make a Terrible Mistake! comes Noise, a revolutionary exploration of why people make bad judgments, and how to control both noise and cognitive bias.
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Disappointing
- De Z28 en 05-31-21
De: Daniel Kahneman, y otros
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Superforecasting
- The Art and Science of Prediction
- De: Philip Tetlock, Dan Gardner
- Narrado por: Joel Richards
- Duración: 9 h y 45 m
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Everyone would benefit from seeing further into the future, whether buying stocks, crafting policy, launching a new product, or simply planning the week's meals. Unfortunately, people tend to be terrible forecasters. As Wharton professor Philip Tetlock showed in a landmark 2005 study, even experts' predictions are only slightly better than chance. However, an important and underreported conclusion of that study was that some experts do have real foresight.
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Great for Experts
- De Michael en 02-20-17
De: Philip Tetlock, y otros
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Irresistible
- The Rise of Addictive Technology and the Business of Keeping Us Hooked
- De: Adam Alter
- Narrado por: Adam Alter
- Duración: 8 h y 17 m
- Versión completa
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Welcome to the age of behavioral addiction - an age in which half of the American population is addicted to at least one behavior. We obsess over our emails, Instagram likes, and Facebook feeds; we binge on TV episodes and YouTube videos; we work longer hours each year; and we spend an average of three hours each day using our smartphones. Half of us would rather suffer a broken bone than a broken phone, and Millennial kids spend so much time in front of screens that they struggle to interact with real, live humans.
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Not scientifically sound
- De Alex Gertner en 09-05-20
De: Adam Alter
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Made to Stick
- Why Some Ideas Survive and Others Die
- De: Chip Heath, Dan Heath
- Narrado por: Charles Kahlenberg
- Duración: 8 h y 37 m
- Versión completa
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In Made to Stick, Chip and Dan Heath reveal the anatomy of ideas that stick and explain ways to make ideas stickier, such as applying the human scale principle, using the Velcro Theory of Memory, and creating curiosity gaps. Along the way, we discover that sticky messages of all kinds—from the infamous “kidney theft ring” hoax to a coach’s lessons on sportsmanship to a vision for a new product at Sony—draw their power from the same six traits.
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Even Better The Second Time
- De Jeremy Devens en 09-05-09
De: Chip Heath, y otros
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Nudge: The Final Edition
- Improving Decisions About Money, Health, and the Environment
- De: Richard H. Thaler, Cass R. Sunstein
- Narrado por: Sean Pratt
- Duración: 11 h y 33 m
- Versión completa
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Since the original publication of Nudge more than a decade ago, the title has entered the vocabulary of businesspeople, policy makers, engaged citizens, and consumers everywhere. The book has given rise to more than 200 "nudge units" in governments around the world and countless groups of behavioral scientists in every part of the economy. It has taught us how to use thoughtful "choice architecture" - a concept the authors invented - to help us make better decisions for ourselves, our families, and our society.
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Doesn’t include a Pdf of the images the book calls out
- De John O'Connell en 08-03-21
De: Richard H. Thaler, y otros
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The Signal and the Noise
- Why So Many Predictions Fail - but Some Don't
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- Narrado por: Mike Chamberlain
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Nate Silver built an innovative system for predicting baseball performance, predicted the 2008 election within a hair’s breadth, and became a national sensation as a blogger - all by the time he was 30. He solidified his standing as the nation's foremost political forecaster with his near perfect prediction of the 2012 election. Silver is the founder and editor in chief of the website FiveThirtyEight. Drawing on his own groundbreaking work, Silver examines the world of prediction, investigating how we can distinguish a true signal from a universe of noisy data.
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Learn About Statistics Without All The Math
- De Scott Fabel en 03-09-13
De: Nate Silver
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Contagious
- Why Things Catch On
- De: Jonah Berger
- Narrado por: Keith Nobbs
- Duración: 6 h y 50 m
- Versión completa
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Why do some products get more word of mouth than others? Why does some online content go viral? Word of mouth makes products, ideas, and behaviors catch on. It's more influential than advertising and far more effective. Can you create word of mouth for your product or idea? According to Berger, you can. Whether you operate a neighborhood restaurant, a corporation with hundreds of employees, or are running for a local office for the first time, the steps that can help your product or idea become viral are the same.
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A Primer on Viral & Memorable Marketing
- De Douglas C. Bates en 04-01-13
De: Jonah Berger
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Liar's Poker
- Rising Through the Wreckage on Wall Street
- De: Michael Lewis
- Narrado por: Michael Lewis
- Duración: 10 h y 16 m
- Versión completa
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In 1986, before Michael Lewis became the best-selling author of The Big Short, Moneyball, and Flash Boys, he landed a job at Salomon Brothers, one of Wall Street’s premier investment firms. During the next three years, Lewis rose from callow trainee to New York- and London-based bond salesman, raking in millions for the firm and cashing in on a modern-day gold rush. Liar’s Poker is the culmination of those heady, frenzied years - a behind-the-scenes look at a unique and turbulent time in American business.
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Finally!
- De Anonymous User en 02-08-22
De: Michael Lewis
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Rework
- De: Jason Fried, David Heinemeier Hansson
- Narrado por: Mike Chamberlain
- Duración: 2 h y 50 m
- Versión completa
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With its straightforward language and easy-is-better approach, Rework is the perfect playbook for anyone who's ever dreamed of doing it on their own. Hardcore entrepreneurs, small-business owners, people stuck in day jobs who want to get out, and artists who don't want to starve anymore will all find valuable inspiration and guidance in these pages. It's time to rework work.
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Simple, Quick, Timely, Contrarian Advice
- De Paul en 06-18-10
De: Jason Fried, y otros
Lo que los oyentes dicen sobre The Wisdom of Crowds
Calificaciones medias de los clientesReseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.
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Historia
- Tomer Regev
- 03-17-16
An exceptionally wise book.
Learn how your individuality is more important than the group and how to apply best practices in crowed decision making.
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- John Kozakis
- 10-03-21
Must read...
Loved it! Gave me powerful insights into the value(or not) of "experts" vs groups of independent people. So valuable to understand how we get up best outcomes in everything from investing to sports
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- O
- 08-31-05
Very interesting, with a lot of good insights
I have read all the complaints, and all I can say is that, yes, sometimes it did get a bit boring. But never for long. And, in retrospect, the boring parts were difficult but necessary to explain the point the author was making. All points were valid, and everything was backed up by studies. Even when the author was just giving an anecdote, he would then back it up with a study to show relevance.
I highly recommend this book.
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- Dr.Lauber
- 01-07-13
You will quote this book...
Would you listen to The Wisdom of Crowds again? Why?
I intend to listen to this book again because I source it often at work. It's a good and easy read that highlights the phenomenon of group intelligence. It would have been a 5 if it would address the new threat that too much unfiltered information poses to this; i.e. the internet + anyone with a computer can post something = misinformed public.
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- Gary
- 09-03-13
Outdated today (2013)
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 but he would first need to rewrite his story to explain recent history and include recent tech innovations.
The narrator is one of my favorites and he will make it easy to listen to the whole book in spite of the anachronisms in the narrative.
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esto le resultó útil a 5 personas
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- Jason Karpeles
- 09-22-05
Interesting book
This book and Blink (Gladwell), I believe are related. This book explains how to capture knowledge and Blink explains why it works.
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esto le resultó útil a 4 personas
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- Charlotte A. Hu
- 05-19-13
Surprising in Insights -- Scientific Sociology
This books amazed me by what I learned. While I'm still not completely sure why crowds are wise, I'm definitely convinced they are. And this has major implications for how to do leadership -- by small committee or by collective action. Collectively we are stronger than in oligarchies. Of course, world history is showing this to be true given the strength of truly democratic markets compared to those of centrally controlled governments. In a way, this book explains why the absurd experiment of letting the "common" human have a say in the government is actually working.
This book complements the insights from the social media book crowd sourcing. Together, I think they are slowly making inroads in changing way business models work in the U.S., much for the better.
This book is part of a set of books including Chris Anderson's Free, The Long Tale, Clay Shirk's Here Comes Everybody, The World is Flat by Thomas Friedman and The Facebook Effect by David Kirkpatrick that help to explain what is happening in the 21st century sociologically, economically and politically. These new trends created predominately by the Internet and then radically expanded by human ingenuity and creativity are moving our world in rapid and exciting ways.
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- Jean Le Lupi
- 12-09-04
One sided point of view
The author is really in love with his premises of crowds being smarter than the smartest, qualified individuals. I was skeptical and happy to explore his findings. The disappointment came when all he had to offer was evidence to his thesis. It is great that a crowd can guess almost correctly a number of pebbles in a jar. But let?s not forget that a crowd also voted Hitler into power and supported him for years, with destructive results for that very crowd. French followed Napoleon to Russia with destructive results. The ?Crowd? supported the Russian Communist revolution that resulted in the famine of the 1920 where 20 Million people died?
To me the wisdom of crowds is still elusive. The author does not seem to touch on any of these examples, and the small scale experiments with students guessing a variable are just not raising to the word ?wisdom? for me.
Try it on, is a good exercise.
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esto le resultó útil a 12 personas
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- Lee P.
- 12-16-04
Much better than expected
Lots of interesting human behavior info linked in ways you might never have thought about.Well read by the narrator.
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- Joel S. Woolf
- 06-17-10
I think about this book all the time
It has been awhile since I have read this but it really sticks with me. It makes capitalism make sense in some ways. I should really go back and read it again. My family will have to put up with me saying "I was reading this book..."
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