Tuesday, June 21, 2005

The Logic of Diversity

"A new book, The Wisdom of Crowds [..:] by The New Yorker columnist James Surowiecki, has recently popularized the idea that groups can, in some ways, be smarter than their members, which is superficially similar to Page's results. While Surowiecki gives many examples of what one might call collective cognition, where groups out-perform isolated individuals, he really has only one explanation for this phenomenon, based on one of his examples: jelly beans [...] averaging together many independent, unbiased guesses gives a result that is probably closer to the truth than any one guess. While true — it's the central limit theorem of statistics — it's far from being the only way in which diversity can be beneficial in problem solving." [from MetaFilter.com]

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