This is a great article.
Joel Cannon

I appreciate the sentiment Joel, but that’s precisely what we need to avoid. As I said in the article:

…crowds can also make very bad decisions. It is usually when members of groups pay too much attention to the opinions of others and find themselves emulating one another rather than acting independently on their own private judgement.

The answer is not to hunt for experts. “Experts” are actually no better at picking winners than anyone else. What is better at picking winners however, is appropriately aggregated collective intelligence, and that’s what we should work to engender.

Like what you read? Give Colony a round of applause.

From a quick cheer to a standing ovation, clap to show how much you enjoyed this story.