Thursday, 20 June 2013

A possible long between The Black Swan and The Wisdom of Crowds

The black swan part 8of12 around 46:20 Taleb says (paraphrased) that society as a whole can integrate multiple factors into its calculations. As a whole, society thinks outside the box:
Here's a place where Taleb recognises that the information society holds, when aggregated into collective knowledge, may be valuable.

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