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Wisdom of Crowds

Finding a doctor: The wisdom of crowds, II
2007-12-13 13:25:00
Last week, I wrote about Zagat’s entry into the doctor-rating game. I argued that the more resources available to the consumer, the better. Did you know that Health World Web members can also add their voice to the mix? Simply go to our Provider Search, find the physician you want to rate and take it from ...
Finding a doctor: The wisdom of crowds
2007-12-05 15:57:00
Will we ever be able to Google “best doctor [specialty] [city]” as Bob Wachter envisions? I hope so. In the meantime, I welcome Zagat’s entry into the doctor-rating field. And to Google I say: “Come on in. The water’s warm.” The Zagat criteria for rating physicians have been criticized as superficial and for not considering factors ...
Global ??? ???? 7?? Mega Trend
2007-11-25 14:13:00
??? ???? ????? 2007 ??? ???? ??? ????? ??? ????? ???, ?? ?? ? ?? ??? ???. ?? ??? ? ??? ?? ????. ?? ??? ??? ??? ???? Gloabl ??? ???? 7?? Mega Trend? ?? ???, ?? ???? ??? ??? ???? ?? ????? ? ? ??? 7?? Mega Trend ? ??? ??. 1. Cloud Computing2. "Always On"3. The Long Tail4. Wisdom of Clouds5. Mass Personalization6. Creativity at Scale7. Online Video Syndrome? ??? ???? ??? ??? ? ?? ? ??, ?? ??? ? ???. ?? ?? "??? ????"?? ?? ??? ? ?? ???? ???? ?? ???? "??? ????"??? "?????"? "??? ????"? ???? ? ???? ? ??. ??? ??? ?? ??? ? ??? ??? ????. ???? ?? ? ??? ?? ???? ?? ???. ??? ????? ??? ????? ?? ???? ?? ?? ??? ? ??? ??? ?? ??? ???? ??? ???? ??? ? ? ??? ??? ????? ????? ??? ? ?? ????. ??? ??? ????? ???? ?? ??? ???? ??? ?? ? ????? ??? ???? ??? ?? ????? ?? ?? ????. SK? KT??? ????? ??? ?? ??? ???? ???? ???? ????. ????? ??? ???? ??? ? ?? ?? ??? ? ???.??? ??? ????? ??? ?? ??? ? ??? ???? ?? ??? ???? ??? ?? ?? ???. ???? ???? ???? ??? ?? ??? ??? ?? ??? ????? ??? ??? ????? ???? ??? ???. ??? ??? ???? ??? ???? ??...
The Wisdom of Crowds?
2007-09-08 15:30:00
"It's like, how much more black could this be? and the answer is none. None more black."— Nigel Tufnel, This Is Spinal TapSteve Schwarzman must be seriously pissed.In addition to having Joseph Flom of Skadden Arps put a serious crimp in his social life by preventing him from waggling his private parts in public both during and after the Blackstone IPO, Little Stevie now faces the ignominy of a continuously tanking BX stock price. The naughty little security even had the temerity to close yesterday almost $10 per share (or nearly 31%) down from the June 21st IPO price of $31.Blackstone's shares are not alone, of course, in having had a serious attack of the vapors ever since Wall Street remembered that Risk is not only a Parker Brothers board game. Listed hedge fund Fortress Investment has crapped out over 50% from its February high (although only a dollar from its IPO price), and legions of investment bankers at Goldman Sachs, Lehman Brothers, and Bear Stearns have seen ma...
Wisdom of Crowds or Academy of Fools?
2007-08-26 12:17:00
For perhaps eighteen months I have subscribed to the concept that experimenting with the Wisdom of Crowds is a worthwhile exercise. Yes, I am an editor from time to time on Wikipedia! I am thus part of this collective, consensus based wisdom.The great virtue of Wikipedia is that anyone may edit. You just do it. The next virtue is that any other editor may edit your work, nominate it for excellence, or nominate it for deletion. Thus we have the alleged wisdom of crowds.Critics will tell you that Wikipedia is unreliable and wave the unreliability as a banner to discredit it. Wikipedia itself recognises the possible unreliability and makes a virtue of it. As a work of reference it's a reasonable quick first port of call, but requires proper cited works to back any article up. That's good.But what an experience it can be to be part of the Wisdom of Crowds! It is not a gentle place. It can be, though is not by design, hostile, abusive, even a place of cyberstalking.And it co...
Beware The ?Wisdom of Crowds?
2007-02-08 04:34:01
My-currency.com is getting a lot of ink after Silicon Valley's VentureBeat coverage of this new real estate site.  The differentiator of this site is that people can tell the site what they think a piece of real estate is worth.  The opinions of all the people who express an opinion is aggregated into a CrowdValue, which is my-currency's official value of the real estate in question. The name CrowdValue is loosely based on the book The Wisdom of Crowds by James Suroweicki in which Suroweicki asserts that collective thought is often smarter than the individuals who participate in it.  Really? "There's No Justice Like Angry Mob Justice" Jason Kottke uses this line by Principal Seymour Skinner from The Simpsons as an opener to his article about the four characteristics a crowd needs to be a smart crowd: diversity, independence, decentralization, and aggregation. What gets left out is that crowds are emotional. When you ask the audience in Who W...
Beware The ?Wisdom of Crowds?
2007-02-06 16:32:02
My-currency.com is getting a lot of ink after Silicon Valley's VentureBeat coverage of this new real estate site.  The differentiator of this site is that people can tell the site what they think a piece of real estate is worth.  The opinions of all the people who express an opinion is aggregated into a CrowdValue, which is my-currency's official value of the real estate in question. The name CrowdValue is loosely based on the book The Wisdom of Crowds by James Suroweicki in which Suroweicki asserts that collective thought is often smarter than the individuals who participate in it.  Really? "There's No Justice Like Angry Mob Justice" Jason Kottke uses this line by Principal Seymour Skinner from The Simpsons as an opener to his article about the four characteristics a crowd needs to be a smart crowd: diversity, independence, decentralization, and aggregation. What gets left out is that crowds are emotional. When you ask the audience in Who W...
?Wisdom of Crowds? Meets Real Estate: Introducing My-Currency.com
2007-02-03 19:32:02
As noted by Altos Research and FOREM, there’s a new kid on the AVM block — My-Currency .com (don’t forget the “-” ) . For predictive firepower, it depends on the “Wisdom of Crowds” concept popularized by James Surowiecki in his eponymous book. The idea, as thought-provoking as it is controversial, is that if you create an appropriate bidding environment, in which market participants drive collective wisdom by “buying” and “selling,” that collective wisdom is often more accurate than the insights of any one expert. Confused? My-Currency trades in real estate futures. It lists properties for sale — at this stage only a handful — and then challenges you to predict what the final selling price of that property will be. The aggregate of these predictions is the “CrowdValue.” Once the property sale consummates, the actual selling price gets compared against the predictions, and those who were ...
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