The Wisdom of Crowds Audiolibro Por James Surowiecki arte de portada

The Wisdom of Crowds

Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business,Economies, Societies and Nations

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The Wisdom of Crowds

De: James Surowiecki
Narrado por: Erik Singer
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“No one in this world, so far as I know, has ever lost money by underestimating the intelligence of the great masses of the plain people.” —H. L. Mencken

H. L. Mencken was wrong.

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—better at solving problems, fostering innovation, coming to wise decisions, even predicting the future.

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, ant biology, 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.©2004 James Surowiecki; (P)2004 Random House, Inc. Random House Audio, a division of Random House, Inc. Comportamiento de los Consumidores y Estudio de Mercado Economía Historia Económica Marketing y Ventas Política y Gobierno Sociología Capitalismo Impuestos Socialismo

Reseñas de la Crítica

What the crowd is saying about The Wisdom of Crowds:

“The Wisdom of Crowds is dazzling. It is one of those books that will turn your world upside down. It’s an adventure story, a manifesto, and the most brilliant book on business, society, and everyday life that I’ve read in years.”
—Malcolm Gladwell, author of The Tipping Point

“This book should be in every thinking businessperson’s library. Without exception. At a time when corporate leaders have shown they’re not always deserving of our trust, James Surowiecki has brilliantly revealed that we can trust each other. That we count. That our collective effort is far more important than the lofty predictions of those CEO-kings we have worshipped for too long.”
—Po Bronson, author of What Should I Do With My Life?

“Jim Surowiecki has done the near impossible. He’s taken what in other hands would be a dense and difficult subject and given us a book that is engaging, surprising, and utterly persuasive. The Wisdom of Crowds will change the way you think about markets, economics, and a large swatch of everyday life.”
—Joe Nocera, editorial director of Fortune magazine and author of A Piece of the Action.

“It has become increasingly recognized that the average opinions of groups is frequently more accurate than most individuals in the group. As a special case, economists have spoken of the role of markets in assembling dispersed information. The author has written a most interesting survey of the many studies in this area and discussed the limits as well as the achievements of self-organization.”
—Kenneth Arrow, winner of the Nobel Prize in Economics and Professor of Economics (Emeritus), Stanford University
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The topic is excellent and I was interested in it to try to get some insight into what drives web based social networking and wikipedia style systems. The idea that having more people solving a problem (providing that they work together) is better than any individual is solid.

However that's really as far as the book gets. There are a huge number of examples and the author has clearly spent a lot of time reading up. However, sometimes the point of quite lengthy anecdotes is either weakly made, or actually illustrates points counter to the author's intent that are not explored.

The language makes use of "can", "may" and "should" liberally rather than "is", "does" and "will". This comes across as an attempt to mitigate against counter examples by suggesting a trend rather than a rule. This makes me think that the title would be better "The wisdom of some crowds some of the time".

As a previous reviewer said, the basic premise is explained at the start and the stream of examples fails to add much, in some cases actually making you rethink some of the author's statements.

In my estimation it does not try to credit or explain anomalies like warren buffet or steve jobs. But maybe I'm wrong.

I give it three stars for having a good topic and for the time it must have taken researching the examples.

Good topic but weakly presented

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ideas that resonate, backed up with examples data and science. the value of diversity and thoughtful search for truth.

in science, the value of diversity

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Non-intuitive insightful stuff - certainly worth reading. A good case is made for why diverse groups in knowledge, expertise and experience, etc. perform better than homogeneous group, even a group of experts, in making predictions and finding solutions. The types of problems that can be addressed by groups (cognition, coordination, and cooperation) and the best framework for accurate results.

Practical examples from historical problems including the space shuttle accident, 9/11 intelligence gathering, finding a lost US Navy sub filled with nuclear warheads, stock market bubbles and crashes, etc.

Some useful information on why and how prediction markets works.

Non-intuitive insightful stuff, certainly worth it

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...it's way. I think the last half wandered too much into the weeds of behavioral economics ,politics & elections and away from the core topic.

While I'm quite familiar with, & interested in behavioral economics, those topics weren't well associated with the the core topic.

They felt like distractions that could have, but didn't support greater understandimg of the wisdom of crowds as it relates to those topics.

The first half was awesome, the second lost...

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i liked this book and to be honest (as i "read" this in audible format) i kept drifting from time to time so i will definitely go through it again.

surowiecki makes the point - in short - that diverse groups of people (crowds), regardless of how uninformed they are, are the best way to get the best answers and make the wisest decisions.

the book contains a ton of anecdotes and examples (and i got the abridged edition too!) like the fact that 40% of americans polled during the height of the cold war thought the Soviet Union was a member of NATO but then goes on to prove that this is immaterial in the larger scheme of things.

great discourse on group dynamics....

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I kept hoping after hours of listening I there would be a pay off. No luck. the most interesting finding, that certain crowds, if they are diverse enough are wiser, than their wisest member, is revealed at the beginning. Many anecdotes, and little wisdow, in fact a suprising level of ignorance about capitalism and people, fill the following ten hours. Well narrated.

One interesting idea, but this book lacks wisdom

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The book and the details are very good the only issue I had was it rambles on and gets a little repetitive but better then many books out there.

Good

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Great read

Interesting

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