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POWERED BY MOVABLE TYPE 3.2

October 14, 2005

The Wisdom of Crowds

I can already see the power of The Wisdom of Crowds developing in the following ways:

1. Ideation - We're starting to get ideas that evolve on other ideas. Also, existing ideas are evolving rapidly.
2. Implementatoin - Once ideas become refined enough, individuals who feel it can work can begin to dedicate time toward implementation. Furthermore, people who believe in the idea can very easily promote it.

As we recruit more people, it seems like both of these steps would be improved. Theoretically, more and better ideas would evolve. Also, good ideas would be less likely to be abandoned as individuals become more likely to find ideas they would like to implement.

Posted at October 14, 2005 03:03 PM | TrackBack
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