entity · derived
Wisdom of the crowd
Derived node: assembled mechanically from the claims carrying wisdom-of-the-crowd. A roster, not an adjudicated definition.
Every claim under this term
- 3782191-035 : Decentralization makes truth discovery more accurate, more reliable, and more efficient, because averaging results across diverse contributors, like ten news companies reporting a story or ten researc
- 3782217-008 : A robust decentralized oracle finds better information because averaging across a crowd is typically better for complex situations, being less subject to the prejudices of individuals who hold more li
- 3782217-009 : Condorcet's Jury Theorem cuts both ways: larger groups of slightly stupid people, defined as being wrong slightly more than half the time, are worse than smaller groups of stupid people, so the idiocy
- 3782217-020 : Truth discovery in the marketplace of ideas is more effective and efficient when news aggregators are more decentralized: ten newspapers reporting on a story produce a more accurate historical picture