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Web Geniuses Or Web Dimwits?

ScribeCity writes "The Washington Post has a provocative piece about online experiments at identifying experts. One wonders when someone will come up with a truly effective formula for measuring human intelligence — or take a stab at doing so — that exploits all the stuff people are publishing online." From the article: "This wisdom of the crowd could be outsmarted by what Michael Arrington, editor of the TechCrunch blog, recently dubbed the 'wisdom of the few.' Sites like PicksPal rely on input from the masses chiefly as a venue for auditioning prospective experts, on the theory that these virtuosos could provide even more accurate information and predictions than the crowd. 'If you figure out which ones did the best and get rid of the ones who have no idea, you'd do even better. Distill it down to the people who really know,' Arrington said."

164 comments

  1. Or... by jo42 · · Score: 5, Funny

    Just get a chimp to throw darts at the wall...

    1. Re:Or... by UbuntuDupe · · Score: 4, Insightful

      If that chimp picked stocks that way, it would beat something like 80% of mutual fund managers (simply by virtue of not charging for his essentially random results).

      (I know, I know, "but not my mutual fund!")

    2. Re:Or... by FesterDaFelcher · · Score: 1
      it would beat something like 80% of mutual fund managers
      I think you meant 50% of managers.
      --
      My user number is prime. Is yours?
    3. Re:Or... by UbuntuDupe · · Score: 1

      No, I meant 80%. They actually do worse than randomness once you subtract their fees. Well, even before that.

    4. Re:Or... by FesterDaFelcher · · Score: 1

      Do you have anything to back up that claim, or do you actually have a chimp throw darts at the roughly 9000 companies on the NYSE and NASDAQ alone? What about OTC? That would be a big dart board.

      --
      My user number is prime. Is yours?
    5. Re:Or... by UbuntuDupe · · Score: 1

      The Index Funds Advisors site pretty much sums it up.

    6. Re:Or... by Canthros · · Score: 1

      In fairness, I'd think that's partly because the Index Funds Advisors would like for you to invest in their index funds, instead of somebody else's mutual funds.

      (But, yes, mutual funds need to be picked very, very carefully.)

      --
      Canthros
    7. Re:Or... by OakDragon · · Score: 4, Insightful

      The Wall Street Journal has (had?) a "Dartboard" feature in which they did just this, then compared the picks to choices made by analysts. Depending on the time-frame you're looking at, just random choices seem to give the analysts a run for their money, as it were.

    8. Re:Or... by FesterDaFelcher · · Score: 1

      It makes sense to get info from a seller of Index funds about how bad other funds compare.

      --
      My user number is prime. Is yours?
    9. Re:Or... by FesterDaFelcher · · Score: 1

      Thanks OakDragon. UbuntuDupe: Read the last paragraph, the DJIA, (an INDEX) pounds the darts and the analysts.

      --
      My user number is prime. Is yours?
    10. Re:Or... by UbuntuDupe · · Score: 2, Interesting

      I didn't send you there expecting to trust their assertions. I sent you there because they compile all the research there and source it, which you can independently verify, such as the Malkiel's A Random Walk Down Wall Street. I'm really not asserting a bold thesis here; any independent source on the matter not after your money (consumer advisor Clark Howard, the various academic researchers they list) and some that aren't independent (Warren Buffet and Peter Lynch) will tell you the same thing.

      Or, go to MarketWatch and run your favorite mutual fund against the S&P 500 for its life.

      Yes, IFA explains the superiority of index funds, but their arguments apply to any index funds, not just theirs.

      The person who you shouldn't trust is the John Edward-type mutual fund salesman who will erase the fund family's misses, show you the hits, and say, "See the ones that outperformed? That was because of great management, really! Now, cough up the cash."

    11. Re:Or... by FesterDaFelcher · · Score: 1
      run your favorite mutual fund against the S&P 500 for its life
      Now we're getting down to it. You didnt say "mutual fund vs. S&P", you said "stock picks vs. mutual funds". There is a BIG difference. S&P is large cap and diversified. Random stock picks are exactly that: completely random. When you throw half truths out there you are essentially spreading lies.
      --
      My user number is prime. Is yours?
    12. Re:Or... by UbuntuDupe · · Score: 1

      No, I didn't lie; the S&P example I gave was just to show the superiority of passive management. This page I gave you covers documented experiments where they compared active manager performace to that of random stock picking, and it doesn't bode well for active managers.

      Now, do you want to keep trying to get a tiny face-saving victory, or actually learn something?

    13. Re:Or... by UbuntuDupe · · Score: 2, Insightful

      Okay, so an index beats darts and analysts.

      Now, remind me, how does that contradict my claim that darts beat analysts (or rather the "experts" at mutual fund management)?

      And where did I disparage index funds?

      Oh right -- that face-saving victory you were looking for.

    14. Re:Or... by FesterDaFelcher · · Score: 1

      I'm still trying to get where you found the 80% number. That would learn me but GOOD!

      --
      My user number is prime. Is yours?
    15. Re:Or... by FesterDaFelcher · · Score: 1

      Is this maybe where you got it?

      --
      My user number is prime. Is yours?
    16. Re:Or... by nickos · · Score: 0, Offtopic

      see also digg

    17. Re:Or... by UbuntuDupe · · Score: 1

      Dude, how about instead of roaming all over google and heckling me, you maybe start reading the 12 steps thing?

    18. Re:Or... by FesterDaFelcher · · Score: 1

      OK, thanks. I will.

      --
      My user number is prime. Is yours?
    19. Re:Or... by Anonymous Coward · · Score: 0

      You didnt say "mutual fund vs. S&P", you said "stock picks vs. mutual funds". There is a BIG difference.

      Not as big a difference as you may believe. If the stock picks are truly random, then the sample is random, and thus representative of the broader market. The key issue is how many stocks are selected at random, since a single stock will obviously not be representative, but as the sample size grows, it will very rapidly become so.

      Incidentally, the entire point of an index is to provide a representative sample of a given market, or market segment, and the S&P 500 is generally considered to be the best measure of the overall US equities market (i.e. representative of the overall market).

    20. Re:Or... by Anonymous Coward · · Score: 0

      That's arguably because the sample size was so much smaller. The 'darts' sample included only four equities, where as the DJIA includes 30 equities.

      As an aside, there are a few investors, like Warren Buffett and Peter Lynch, who have consistently beaten passive investment strategies, and recent research in the field (e.g. 'A Non-Random Walk Down Wall Street', by Lo and McKinlay IIRC) has suggested that there are inefficiencies in the market, which can be taken advantage of to systematically achieve above-market returns. That doesn't of course imply that most mutual fund managers are successfully able to take advantage of them, only that they are there.

    21. Re:Or... by kalirion · · Score: 1

      Scott Adams did an experiment on his blog in which he asked the readers for stock advice and came up with a small portfolio based on the results. The portfolio did pretty well at first, before plummeting.

  2. Why didn't they test Slashdot? by garcia · · Score: 5, Funny

    In order to effectively determine the rate of experts vs. everyone else, you could simply scan through all previous Slashdot posts (while removing those prefaced by IANAL) and easily determine those that are experts.

    Make sure you are browsing at -1, *those* people are the real experts ;)

    1. Re:Why didn't they test Slashdot? by Quiet_Desperation · · Score: 2, Insightful

      Make sure you are browsing at -1, *those* people are the real experts ;)

      You may joke, but these days anyone who questions the current pseudoscience-dogma-of-the-month tends to get modded -1 when they interject facts into the discussion, so you're not that far off.

    2. Re:Why didn't they test Slashdot? by Cyclometh · · Score: 1

      Maybe there's some way of harnessing /. moderation (and meta-moderation) data to get a candidate of likely experts.

    3. Re:Why didn't they test Slashdot? by cultrhetor · · Score: 2, Interesting

      Places like /. are the basis for these sorts of developments - user-moderated, information-recommendation boards that rank opinion and content based on a number of criteria. Although a number of boards like this one fail or become shills (ePinions), those that survive are models for social recommendation researchers. Discourse analysis is a peculiar human trait, one that computers cannot (yet) accurately perform because our communicative practices are situated in unique, perspective-based contexts, so I'll be interested to see what develops.

      --
      "Tu fui, ego eris" - Virgil
    4. Re:Why didn't they test Slashdot? by morgan_greywolf · · Score: 0
      You may joke, but these days anyone who questions the current pseudoscience-dogma-of-the-month tends to get modded -1 when they interject facts into the discussion, so you're not that far off.


      Hi! Welcome to Slashdot! You must be new here! :-)
    5. Re:Why didn't they test Slashdot? by Anonymous Coward · · Score: 0

      In reality there are always going to be 11 groups.

      Those who know, those who guess, and those who don't get it.

    6. Re:Why didn't they test Slashdot? by buswolley · · Score: 3, Insightful
      NO..What you'd be selecting for are those who find the first possible place to post..

      Moderation(negative or positive) depends mainly on its position in the discussion. If you manage to post near the beginning of the page, you will get moderated.

      --

      A Good Troll is better than a Bad Human.

    7. Re:Why didn't they test Slashdot? by Mr.+Underbridge · · Score: 2, Interesting

      You may joke, but these days anyone who questions the current pseudoscience-dogma-of-the-month tends to get modded -1 when they interject facts into the discussion, so you're not that far off.

      You know, that used to be more true. Then Digg came along and took away all the morons. Go check out some of their flamebait stories (politics would be a good start). If you don't echo the group view, you will be modded into oblivion. However, statements like "Bush is teh stupid!" will actually get modded up. Modding is definitely done by sentiment more than any actual insight.

      So thanks Digg, for making slashdot better!

    8. Re:Why didn't they test Slashdot? by Anonymous Coward · · Score: 0

      No, I'm new here. ...

      I miss that guy. =/

    9. Re:Why didn't they test Slashdot? by eggstasy · · Score: 2, Funny

      Bush is teh stupid!
      Can I get my mod points now?

    10. Re:Why didn't they test Slashdot? by tehcyder · · Score: 1
      Bush is teh stupid!

      Can I get my mod points now?

      Clinton is teh suxor!

      Oh no, hold on...

      --
      To have a right to do a thing is not at all the same as to be right in doing it
  3. Never happen by Quiet_Desperation · · Score: 4, Insightful

    One wonders when someone will come up with a truly effective formula for measuring human intelligence

    It won't happen, not because it's not possible, but because some group or another will have a lower mean score, and the cries of racism, sexism, ageism, redbluestateism, culturalism, OSism, haircolorism, footsizeism, dicksizeism, or whateverism will drown out the truth.

    You know... the way it is right now.

    1. Re:Never happen by ClosedSource · · Score: 2

      I'm sure real scientists wish they could blame the failure of their theories on political correctness too.

    2. Re:Never happen by nine-times · · Score: 0, Offtopic

      Also, it certainly won't happen until we come to a common idea of what "intelligence" is. I've met plenty of people who are good at math who can't string a sentence together. I've known people who are good at math and writing, and just do the stupidest things. So what's intelligence made up of? Quick computer-like operations? Clear thinking and deep analysis? Good judgement?

      It seems to me that many people have various levels of all sorts of different mental capabilities, all of which we lump into "intelligence", without really distinguishing. Any test you come up with will arbitrarily choose a subset of these capabilities and rate them to an arbitrary level of importance, and that's the best-case scenario, assuming everything is accurate. And what about people who are lacking specifically in the mental capabilities that make a person a good test-taker?

    3. Re:Never happen by Anonymous Coward · · Score: 0

      It won't happen, not because it's not possible, but because some group or another will have a lower mean score, and the cries of racism, sexism, ageism, redbluestateism, culturalism, OSism, haircolorism, footsizeism, dicksizeism, or whateverism will drown out the truth.

      Actually, like it or not those groups are basically correct. Any measure of "intelligence" that isn't based on physiology (e.g. a blood test, brain scan, midi-chlorian levels, etc) is automatically biased by those who are establishing the baseline. Which is a better measure of intelligence, the ability to cite the birth city of Bach, or to know how to determine if a small body of water is safe to drink? Depends on the context.

    4. Re:Never happen by porcupine8 · · Score: 3, Insightful

      See, people have actually thought about these issues, you just don't hear about it in the media. (Except Gardner's Multiple Intelligences theory, which has zero data to back it up.) You should work into the work of John Carroll, and his hierarchical model of intelligence.

      --
      Warning: Apple/Nintendo fangirl. Likes her electronics cute & cuddly. May be rabid.
    5. Re:Never happen by jamboarder · · Score: 1

      One wonders when someone will come up with a truly effective formula for measuring human intelligence

      It won't happen, not because it's not possible, but because some group or another will have a lower mean score, and the cries of racism, sexism, ageism, redbluestateism, culturalism, OSism, haircolorism, footsizeism, dicksizeism, or whateverism will drown out the truth. You know... the way it is right now.

      Cries of those "isms" come less from political correctness and more from arbitrarily quantifiable definitions of 'intelligence'. May as well embark on the quest for a truly effective formula to measure "prettiness" or "goodness".

    6. Re:Never happen by nine-times · · Score: 1

      No, I know, but these things are still a bit problematic. Let's say I come up with a theory where there are 4 intelligences and you come up with another where there are 4, but the 4 are different. Or let's say another guy comes up with 5. How do you know you're capturing all the different ways of being "intelligent". How do you know for sure that your groupings/divisions are the best? And finally, how do you compare a score on interpersonal skills to a score on a mathematical skill? I think these decisions are going to be fairly arbitrary no matter what, even if there's *some* good sense or science behind it.

    7. Re:Never happen by COMON$ · · Score: 1

      Dont know, experts exchange does a pretty good job of weeding people out. Then again it is kind of like a MMoG in that you can rack up points pretty fast by just farming all day.

      --
      CS: It is all sink or swim...oh and did I mention there are sharks in that water?
    8. Re:Never happen by porcupine8 · · Score: 1

      I doubt it'll ever be truly settled in a "hard" manner until we can put you in a scanner and read out some numbers as to your ability to do X, Y, and Z - but I think the field is a bit more mature than you give it credit for. As I said, it just doesn't get out into the mainstream media that much, because if anyone were to think that IQ tests actually have some *gasp* predictive validity, then all of society will come crashing down around us. Or so many people would seem to have you think.

      --
      Warning: Apple/Nintendo fangirl. Likes her electronics cute & cuddly. May be rabid.
    9. Re:Never happen by StikyPad · · Score: 1

      You should work into the work of John Carroll

      Eh.. that's too much work.

    10. Re:Never happen by Nephilium · · Score: 1

      Goodness is an easy one... Do the least harm possible... Or... in programming terms:
      If (ActiveActionHarm) > (InactionHarm) Then
      Do (ActiveAction)
      Else
      Do (Inaction)

      At least... that's how I define it...

      Nephilium

      A man who doesn't drink is not, in my opinion, fully a man. -- Anton Pavlovich Chekhov, Russian author

    11. Re:Never happen by Anonymous Coward · · Score: 0

      Where do you get the statement "zero data to back it up?" I have read criticism of the applicabilty of MI in the classroom, but as a framework of coordinating measureable and observable behaviors under a broad umbrella (as a good theory should), it holds together quite well. Have you read the original work? Gardner seems pretty exhaustive in his formulation of his theory.

    12. Re:Never happen by porcupine8 · · Score: 1
      Sure, he presents a lot of prior information that the theory explains. But as for predictive power (which valid scientific theories need), there really hasn't been any proof. Even in papers defending the theory (eg, Chen, 2004 - teacher's college record) they don't manage to produce proof of this. In fact, in that particular article Chen sidesteps the issue of predictive validity entirely. If you can show me an empirical study that has shown that MI has any predictive power, I would love to see it. Part of the problem is that Gardner doesn't seem to feel any need to provide such proof, so he really hasn't even tried. g, however, has a long history of being a decent predictor of future outcomes - not great, it only accounts for like 30-40% of the variability on most things, but that's higher than almost any other single factor found so far. It even predicts better than things like parents' income level and occupation.

      I'm not saying that it's not *possible* that MI could be a perfectly valid theory that has strong predictive power. But 20+ years is enough time to at least start to find out, and nobody's produced any proof so far.

      --
      Warning: Apple/Nintendo fangirl. Likes her electronics cute & cuddly. May be rabid.
    13. Re:Never happen by porcupine8 · · Score: 1

      I know, I know. I've often thought about making up random references for outrageous claims in slashdot comments, knowing that no one will ever bother to check them.

      --
      Warning: Apple/Nintendo fangirl. Likes her electronics cute & cuddly. May be rabid.
  4. An Exploration of Truthiness... by Anonymous Coward · · Score: 0

    Stephen Colbert would be proud.

  5. Perverse Incentives by Tackhead · · Score: 2, Insightful
    > 'If you figure out which ones did the best and get rid of the ones who have no idea, you'd do even better. Distill it down to the people who really know,'

    ...and then disappear everyone who knows what they're doing, so you can hire clueless sycophants whose loyalty can be guaranteed.

    A sword cuts both ways, after all. I fear this tech.

    1. Re:Perverse Incentives by morgan_greywolf · · Score: 3, Funny
      ...and then disappear everyone who knows what they're doing, so you can hire clueless sycophants whose loyalty can be guaranteed.


      Ooh! Just like U.S. Federal Government! Good idea!
    2. Re:Perverse Incentives by kthejoker · · Score: 1

      There was a police academy in Connecticut (?) that administered an intelligent test to its prospective students. Obviously if you scored too low you wouldn't be admitted, but if you scored too high, you also were rejected - on the premise that smart people would get bored as cops, and either a) turn corrupt, or b) quit too quickly, thereby wasting the academy's time. Somebody sued them and actually lost the case, too.

      The moral: there are always other considerations.

  6. Simple by CrazyJim1 · · Score: 4, Insightful

    Make a group based moderation system, where you moderate in groups.

    Step1: Lets say Democrat/Republican. When a Rep mods something up, all other Reps see it modded up. If a Dem mods something down, no other Reps see it modded down.

    Step2: Identify posters who say stuff that gets modded up past a certain point. Lets say you get a point for the top 10 posts of each day. Then the posters with the most points are dubbed experts in their field.

    Its simple, and I'm suprised no one has done it before. It's like Digg in some ways, but vastly superior as groups don't bicker over what they declare as news, and it identifies experts.... maybe even political candidates.

    1. Re:Simple by karlto · · Score: 4, Funny
      and it identifies experts.... maybe even political candidates

      I wasn't aware that it was possible to be both of those

    2. Re:Simple by rthille · · Score: 2, Interesting


      Doesn't that just lead to group-think?

      Part of why I read slashdot is for the (slightly) alternate viewpoints.

      --
      Awesome furniture, accessories and cabinetry in Santa Rosa, CA: http://humanity-home.com/
    3. Re:Simple by Anonymous Coward · · Score: 0

      *religious freaker warning*
      Do you think you'd still believe in Jesus if you were born and raised in Tibet?
      Just a question...

    4. Re:Simple by pipingguy · · Score: 1

      Using the term, "mutually exclusive" would have made you sound more intelligent. Or pretentious, depending of the reader's inference.

  7. :o\ by TubeSteak · · Score: 2, Insightful

    I'm not an 'expert' in anything, yet I read far and wide enough to pick up lots of random & indepth tidbits that 'experts' have not heard about.

    Ever heard the joke about the phd professor who studied more and more about less and less, until he knew everything about nothing? Yea, many people would consider that professor an expert.

    --
    [Fuck Beta]
    o0t!
    1. Re::o\ by supersnail · · Score: 3, Funny

      If about nothing he everything knew then truly the force would be with him!

      --
      Old COBOL programmers never die. They just code in C.
    2. Re::o\ by Sepper · · Score: 1

      Ever heard the joke about the phd professor who studied more and more about less and less, until he knew everything about nothing? Yea, many people would consider that professor an expert.

      Or the fact that knowing where your knowledge ends make you more intelligent than someone who don't know that he doesn't know:
      http://www.google.com/search?q=Unskilled+and+Unawa re

      --
      I live in Soviet Canuckistan you insensitive clod!
  8. Not a Bad Idea by AKAImBatman · · Score: 3, Interesting

    There is a certain logic to this. How many times have "experts" told us screwy nonsense, and had lousy track records, and yet the public at large retained them as experts? Sometimes, the untrained may be able to see things that the supposedly well-trained can't.

    Or to put it another way, it all becomes a set of probabilities. If person X has guessed the outcome of something (say, a football game) correctly 80% of the time, then you're safer betting on his predictions than you are betting on expert Y who is only correct 30% of the time. If you aggregate the probabilities and successes, you should be able to develop a model with a high probability of being correct. You'll never be able to gain 100% accuracy, but that's just the nature of the Universe. ;)

    1. Re:Not a Bad Idea by aafiske · · Score: 1

      Wrong.

      Suppose we have everyone in the world guess the outcome of a 100 coin flips. Some fraction would be 100% correct. Repeat a few times. We've now winnowed down a pool of people who are excellent at guessing coin flips, right? It's safer to go with their guess than the guess of someone else, right?

      The fact is, _someone_ was going to be mostly right. However, there's nothing special about that person, they just happened to get lucky. Their previous luck does not affect their current predictive powers, which are zero.

      It happens in the financial markets a lot. Some analyst gets stuff right for 4 out of 5 years. He's the new star. But ... given all the analysts out there, it'd be shocking if there weren't _someone_ who got those odds, even if they just chose randomly.

    2. Re:Not a Bad Idea by morgan_greywolf · · Score: 1
      Or to put it another way, it all becomes a set of probabilities. If person X has guessed the outcome of something (say, a football game) correctly 80% of the time, then you're safer betting on his predictions than you are betting on expert Y who is only correct 30% of the time.


      Hmmm...seems like the outcome of a football game could be predicted correctly at least 50% of the time if the predictions were chosen at random.
    3. Re:Not a Bad Idea by AKAImBatman · · Score: 1
      Suppose we have everyone in the world guess the outcome of a 100 coin flips. Some fraction would be 100% correct. Repeat a few times. We've now winnowed down a pool of people who are excellent at guessing coin flips, right? It's safer to go with their guess than the guess of someone else, right?

      Except that you're trying to predict a random event that can't be predicted. When a good baseball team defeats a bad baseball team, there's nothing random about it. When one candidate is elected over another, the answer already exists; it only needs to be tabulated. When a company makes a move in the marketplace, it does so based on the options it has open to it.

      These are not random events. Someone who is good at understanding the nuances behind them, CAN predict their outcome. The problem with situations like rising Stock Brokers is that they often rely on abstract models (which may or may not have any meaning) and/or the contacts through which they were getting their info are not as potent as they once were.
    4. Re:Not a Bad Idea by Gospodin · · Score: 2, Insightful

      Sure, but the picks may not be random. If you accept that someone can be right 80% of the time, then they can be wrong 80% of the time and hence right only 20% of the time. Ironically, a sports gambler who is right only 15% of the time is more valuable than one who is right 75% of the time. You simply hear his picks then do the opposite. It's the one who picks 50% who is informationally worthless.

      --
      ...following the principles of Heisenburger's Uncertain Cat...
    5. Re:Not a Bad Idea by Anonymous Coward · · Score: 0

      that's why we give all our money to professor pigskin!

    6. Re:Not a Bad Idea by Control+Group · · Score: 1

      The problem with your argument is that it denies the very existence of expertise. You could apply the same argument to surgeons performing triple bypasses, and thereby "prove" that you're just as well off asking your mechanic to operate on you as you are going to Johns Hopkins.

      All you've really demonstrated is that it's possible to come up with false positives when determining expertise. This is not a surprising answer.

      --

      Reality has a conservative bias: it conserves mass, energy, momentum...
    7. Re:Not a Bad Idea by Vitriol+Angst · · Score: 1

      >> Could we call collective decision-making Democracy?

      Selective decision-making is good with Engineering -- I don't want to launch a rocket on what most people think.

      What is missing here is the "information dessemination." I think if a large group of people is made to understand the underlying facts, groups of people can make "wise" choices.

      But that is the problem; having the time, initiative and coordination to get people to understand the situation. Into this gulf steps the "expert." The expert digests all the information, and gives us the opinion that we would probably form -- ideally.

      But, after all the "expertisation" of information digesting we have experienced in the 1980s -- well this just created a new environment for the Propagandist.

      The Propagandist digests all the information, and finds what fits the scheme they are paid to support. To the Public at large, when the propagandist is presented like an Expert, they are giving pre-chewed propaganda -- not pre-digested information.

      What we really need is an organization, paid by the public, that becomes a mediator or authority that grants and removes "expert" status. That used to be some of the role of the Public Broadcasting Service.

      What we have now is nothing but a Corporate/Political shill-fest masquerading as information. Whatever mathematical formula you might want to use, must come up with a way to disincentivize the "deceiver" in the mix.

      Because even if you want a model for a Democratic decision-making system, you still have to look at the person counting the votes. What is that persons agenda, and how do we make them honest.

      The trick to this system might be to place "secret voters" and fake Propagandists -- if the authorities in charge do not exlude or penalize these people, then the system is broken. You still have the issue of making a credible false "deceiver" in the mix, but until the system can handle both INFORMATION propagation in an a-political way, and can verify that the system has not been corrupted to favor an agenda -- the system is going to get corrupted.

      Like what we have in America today, if you want to be honest about it.

      --
      >>"ad space available -- low rates!!!"
    8. Re:Not a Bad Idea by An+Onerous+Coward · · Score: 2, Interesting

      Not an original idea, but: what would be really fun is a website where people can go and bet on the likelihood of various future events. For example, everyone starts out with 1000 credits, which they can bet on events like, "The Republicans will retain control of the House in the November 7th election," or "Terrorists will detonate a nuclear warhead on American soil before January 1, 2015." Odds would vary over time as bets are placed, so that on average the winning side will make as much as the losing side will lose.

      I've heard of variations that make it more like the stock market, but I'm not entirely clear on how they would work.

      This would provide a "crowd's eye view" on the likelihood of events, and also provide a mechanism for finding people whose opinions are uncannily accurate. Plus, if we could make politicians and pundits legally obligated to participate, we might find out just how full-o-crap they really are.

      I think the CIA wanted to try this at one point, but people misunderstood and got all indignant.

      --

      You want the truthiness? You can't handle the truthiness!

    9. Re:Not a Bad Idea by blahplusplus · · Score: 1

      "There is a certain logic to this. How many times have "experts" told us screwy nonsense, and had lousy track records [dvorak.org], and yet the public at large retained them as experts? Sometimes, the untrained may be able to see things that the supposedly well-trained can't."


      The problem is people have a carnal desire to feel superior to others, hence why people poke fun at others. And why kids get picked on in school and later in adult life in more subtle (and not so subtle) ways.

      The fact is people rightly fear that classifying people according to their intelligence creates and exacerbates prejudice and justification for "exterminating" or not breeding with the "lesser intelligent" people.

      No matter how bright someone is, it doesn't mean they have humanitarian values or ethics. In fact you could say, all the intelligence in the world matters little if you don't have any compassion for those who are not as gifted as you.

      No one chose to be born, and you'd hope that truly intelligent people would see much of what a person is, is not chosen, but inborn. Is someone autistic less worthy of life when compared to a genius http://en.wikipedia.org/wiki/William_James_Sidis who didn't according to society "do much" with his gifts?
    10. Re:Not a Bad Idea by NoOneInParticular · · Score: 1
      Not really. What he's demonstrating is that randomness (luck in this case) makes it more difficult to find the actual expert. In the case of surgeons, the difference in quality between the experts (999 out of 1000 operations are successful) and non-experts (0 out of 1000) is sufficiently big to reliably pick out experts even after a few observations. As there's no random component in doing a successful surgery (there is one in doing an unsuccessful one though), you only have to observe a successfull operation once to be sure who's the expert.

      However, to pick out a 60% correct stockpicker from a batch of 2000 coin-flipping monkeys with high reliability needs a very large amount of evidence to weed out the lucky coin-flippers. In this particular case you would need about 1300 observations per individual to pick out the expert from the monkeys with 99.99% certainty. That's 6.5 years in trading days, given that every day a trade is made by all 2001 individuals. The expert would have retired by that time.

      Until you're very sure about who's the expert (can only happen with many observations), you're better off with following the crowd (which contains the expert. This gives you a very slight positive bias), than to pick the observed best and follow that, as the observed best after few observations (say 100), is most likely to be a coin-flipper. The number of observations needed grows with both the number of participants in the observation, the desired probability of picking out the right expert, and the true difference in skill between experts and non-experts. In stock-trading, this latter difference is usually sufficiently small to make the whole exercise futile. You will not be able to pick out the expert, and you're better off following an index.

    11. Re:Not a Bad Idea by NoOneInParticular · · Score: 1
      Such stockmarkets already exist, and prove to be fairly accurate. Basic idea is to open a futures market for two events, say 'Rebs/Dems will obtain the majority in congress in November'. Set the liquidation value (profit) for the winning contract to 1 buck, and 0 for the losing side. Now let the trading begin: the market value for the contracts will determine the perceived odds for those events. Current situation:

      Rebs more than 231 seats: last trade 4 cents

      Rebs between 217 and 231 seats: last trade 29 cents

      Rebs less than 217 seats: last trade 67.9 cents

      Note it adds up to close to one buck although there is no explicit synchronization present. Arbitration. It doesn't add up exactly as the 'Rebs win' contract is very illiquid at the moment, i.e., no-one wants to buy (bid price 2.7 cents).

  9. IANAL, but by RealProgrammer · · Score: 4, Funny

    ... you sound like you could be an expert.

    --
    sigs, as if you care.
  10. Apply the same filtering to government elections by c0d3h4x0r · · Score: 3, Interesting

    'If you figure out which ones did the best and get rid of the ones who have no idea, you'd do even better. Distill it down to the people who really know,' Arrington said.

    I've always said that elections should qualify each voter's ballot to make sure the decision is made by the people who are best equipped to decide. The first page of a voting ballot should be a questionnaire that asks simple unbiased questions that require the voter to demonstrate knowledge of who or what they are voting on. "What does candidate X say their stance is on abortion?" "When did you first hear about initiative I-456?" "Please specify which political party each candidate below belongs to", etc. The score a voter gets on their questionnaire would then be used as a "weight" factor when counting their ballot, so that people who know the candidates and the issues better get more of a say, which is clearly how things ought to be.

    --
    Moderator hint: a comment is neither "Flamebait" nor "Troll" if it is true.
  11. That's why I read at +5 and use friends by davidwr · · Score: 4, Interesting

    1) Read old threads at +5, new threads at +2

    2) If a person has a lot of insightful/informative posts, check their posting history

    3) If they are consistently +3/4/5 informative/insightful, add them as a friend

    4) add points to friend's posts so they start out +2.

    OK, seriously, I don't do that but if I did, I'd see posts of "wise ones" and ignore posts from those that don't make the cut.

    --
    Knowledge is how to play a game, intelligence is how to win, wisdom is knowing what game to play.
    1. Re:That's why I read at +5 and use friends by borawjm · · Score: 1

      The problem inherent to all sites that have a rating or modding feature is that these "groups of friends" form and get more attention and priority than some lone guy (who might actually be well versed in the subject). He won't get heard because these "wise ones" push him off the chart so to speak.



    2. Re:That's why I read at +5 and use friends by Anonymous Coward · · Score: 0

      >I'd see posts of "wise ones"

      For a sufficiently personalized definition of "wise".
      Could just be they'd simply suffer the same delusions as you.

  12. Re:Apply the same filtering to government election by popo · · Score: 2, Insightful

    Yes, but who decides which issues make the questionnaire?

    The questionnaire's authors would in-effect be defining the criteria for election.

    Maybe I vote for someone based upon whether or not they annoy the crap out of me.
    That's my prerogative.

    --
    ------ The best brain training is now totally free : )
  13. Possible logical fallacy by Shimmer · · Score: 2, Insightful

    Let's say you have a pool of 10,000 prognosticators. You ask each one to pick the winner of 10 football games. The odds of getting all 10 correct are 1 in 2^10=1024. So out of the pool of 10,000 people, by random chance alone you're likely to get about 10,000/1024 = 10 people who pick all 10 games correctly. Are these people "geniuses"? No, they just got lucky during this particular trial. The odds of them getting game #11 correct are just 50-50.

    BTW, this can be used as the basis of a scam against the "geniuses" if you can convince them that they have special powers as a result of the trial.

    Moral of the story: Be very careful with statistics.

    --
    The most rabid believers in American Exceptionalism are the exact same people whose policies are destroying it.
    1. Re:Possible logical fallacy by richg74 · · Score: 2, Interesting
      This is actually extremely similar to the coin-flipping contest described in an appendix to one of my favourite books about the stock market (and other financial markets), Fred Schwed's Where are the Customers' Yachts?. Of the contestants who flip ten heads in a row, he writes, "they are the true experts, the ones who can't miss. They have their biographies written."

      Notice also the similarity to the fallacy underlying the articles one sees occasionally, along the lines of "Man Wins Lottery Twice Against Astronomical Odds". (The odds against a particular person winning twice are not the same as the odds against anyone winning twice.)

      There is a correct way to do this forecasting, combining multiple inputs. One needs a measure of the track record of each forecaster, and a measure of the degree to which the input forecasts, and their accuracies, are correlated. (The statistical method is formally similar to Generalized Least Squares.) It's a useful technique, which I have seen used successfully in real financial markets. But there are no fancy "experts" and no fawning newspaper articles.

    2. Re:Possible logical fallacy by Anonymous Coward · · Score: 0

      Let's say you have a pool of 10,000 prognosticators. You ask each one to pick the winner of 10 football games. The odds of getting all 10 correct are 1 in 2^10=1024. So out of the pool of 10,000 people, by random chance alone you're likely to get about 10,000/1024 = 10 people who pick all 10 games correctly. Are these people "geniuses"? No, they just got lucky during this particular trial. The odds of them getting game #11 correct are just 50-50.

      Make that picking against the point spread and you'd be more accurate. The outcome of football games isn't random. Suppose the games were the New England Patriots vs. the Oakland Raiders and 9 other equally lopsided games. The probability of getting all 10 correct would be 50-50 at worst if the prognosticators had even casual knowledge of football.

  14. Infinite Monkeys on the infinite keyboards... by jmagar.com · · Score: 1
    This should be pretty simple. Which few of the monkeys are genius? Find the ones that produced Hamlet, Romeo and Juliet, the Tempest, etc.

    Any monkey able to produce a component of Shakespeare's collective works should qualify.

    It seems to me that Google could easily be used to find genius...

  15. talking heads by Aaarrrggghhh · · Score: 1

    I would love to input the data spewed out by all of the talking heads who make their political predictions (and other useless nonsense predictions) and are so often wrong. Then we could post disclaimers at the bottom of the screen when they talk:
    (...Mr. Speak-for-my-Party has only been correct 25% of the time and he was on both sides of the issue for 75% of his correct predictions).

    1. Re:talking heads by Anonymous Coward · · Score: 1, Informative

      See the book by Philip E. Tetlock called "Expert Political Judgment: How Good Is It? How Can We Know?" by Princeton University Press. He collected the data you are looking for.

  16. Obligatory Lazarus Long Quotes by spun · · Score: 1

    "Democracy is based on the assumption that a million men are wiser than one man. How's that again? I missed something.
    Autocracy is based on the assumption that one man is wiser than a million men. Let's play that over again, too. Who decides?"

    And...

    "Always listen to experts. They'll tell you what can't be done, and why. Then do it."

    --
    - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
    1. Re:Obligatory Lazarus Long Quotes by Nephilium · · Score: 1

      At least attribute...

      All from Lazarus Long, in the stories of Robert A. Heinlen...

      Nephilium

      The only religious opinion that I feel sure of is this: self-awareness is NOT just a bunch of amino acids bumping together! -- Jubal Harshaw in Stranger in a Strange Land

    2. Re:Obligatory Lazarus Long Quotes by spun · · Score: 1

      Yes, the title of the post, "Obligatory Lazarus Long Quotes," was far too vague. Why, I bet most geeks have never even heard of Lazarus Long OR Robert Heinlein. ;-)

      --
      - None can love freedom heartily, but good men; the rest love not freedom, but license. -- John Milton
  17. Courtroom Whores by loose+electron · · Score: 1

    The common parlance term for the "expert witness" among lawyers is "the courtroom whore" -- Lots of fancy sounding credentials, gotta have the doctroal degree, and willing to say anything for a price. Totally worthless idiots in most cases.

    Besides:

    "If you ask enought experts, you can confirm any opinion or theory."

    Not sure who said it, but it's valid IMHO.

    --
    www.effectiveelectrons.com "chips that work" Analog, RF, Mixed Signal
    1. Re:Courtroom Whores by Soko · · Score: 1

      "If you ask enought experts, you can confirm any opinion or theory."

      Not sure who said it, but it's valid IMHO.


      So how many experts did we go through to get that one? ;-)

      Soko

      --
      "Depression is merely anger without enthusiasm." - Anonymous
  18. Let me get this straight... by Anonymous Coward · · Score: 0

    So predicting the outcome of a sporting event or a stock's performance makes one a genius or expert?

    Lord help us and save us. The idiocy of the media and general public never ceases to amaze me.

  19. Re:Apply the same filtering to government election by c0d3h4x0r · · Score: 1

    Yes, but who decides which issues make the questionnaire?

    The questions are limited to those that are objective and factual in nature (that's what unbiased means), so it really doesn't matter.

    Maybe I vote for someone based upon whether or not they annoy the crap out of me. That's my prerogative.

    It shouldn't be, because it's a ridiculous and unsafe basis for choosing a candidate.

    A candidate should win because they are the most qualified for the job and best represent the public's views on the issues. They shouldn't win because they are the best looking or the hippest. Therefore your vote should only count if you are voting for a legitimate reason.

    --
    Moderator hint: a comment is neither "Flamebait" nor "Troll" if it is true.
  20. Doesn't work by mlwmohawk · · Score: 1

    The problem with using public opinion about "experts" is that "experts" must then spout public opinion to be recognized.

    True experts often have opinions contrary to public opinion. Just look at Slashdot. Insight is sometimes modded as flamebait. Counter intuitive opinions or assertions get derided and the author insulted.

    Sorry, but "the masses" are generally stupid and would rather burn experts at the stake than question their tiny little world.

    In Massachusetts, in our governor's race, one of the candidates is an attorney who was a public defender and he defended a couple despicable people. What does the opponent do? Leak private information about his brother in-law's criminal record, and accuse him of being "weak on crime" because he defended obviously guilty people.

    The educated in MA, almost unanimously, call the ads appauling because it isn't attacking merely the candidate, but the whole justice system in our country. The "stupid" say things like "How could he defend that person." Never once thinking about "innocent until proven guilty." (Which remains true through appeal.)

    So, when people try to parse the nonsensical ravings of the masses for reasoned information, I recall the old computer addage: "Garbage in, garbage out."

    1. Re:Doesn't work by Intron · · Score: 1

      That's desperation. Deval Patrick is going to clobber Kerry Healey. The masses aren't that stupid. Healey's latest stunt of suggesting to end turnpike tolls isn't going to work, either. We all know they'll change their mind right after the election.

      I served on a jury a few years ago. It was an eye-opening experience. The jury was housewives or people like me too stupid to get out of jury duty. As a group, the jury noticed everything going on during the trial and came to a fair decision very quickly. Much better, I think, than if a single judge had been simultaneously presiding over and deciding the case.

      I have more respect now then I did before serving on the "wisdom of the masses".

      --
      Intron: the portion of DNA which expresses nothing useful.
    2. Re:Doesn't work by rblum · · Score: 1

      One hopes that the truly educated in MA would call the ads "appalling", not "appauling" ;)

    3. Re:Doesn't work by mlwmohawk · · Score: 1

      Being educated does not, in fact, seem to affect one's ability to spell.

  21. Different "intelligences" by blueZ3 · · Score: 4, Interesting

    My mother is a professor of education at a college in California and this is something that educators have been talking about for a long while. Google for "multiple intelligences" for a lot more information, but basically there's a theory that says that "intelligence" can be divided up into a number of categories and that people tend to excell in one or two of these areas, but few are outstanding in all of them.

    The standard breakdown is something like:

    • Linguistic intelligence
    • Logical-mathematical intelligence
    • Spatial intelligence
    • Bodily-Kinesthetic intelligence
    • Musical intelligence
    • Interpersonal intelligence
    • Intrapersonal intelligence
    • Naturalist intelligence

    Atheletes tend to excell at Spatial and Kinesthetic, while the stereotypical geek is strongest in Logical-mathematical and weakest in Interpersonal.

    I'm not sure I completely agree that this is the end-all-be-all for understanding intelligence, but it does provide an interesting look into ways to classify people who might not be "book smart." For instance, a terrific ballerina might not have excellent Interpersonal or Linguistic intelligence, but she certainly has some special "intelligence" that allows her to excell in an area where I would certainly be an abject failure.

    I encourage anyone interested in this idea of multiple intelligences to poke around and do some research. Again, it may not be the final answer, but it provides an interesting framework for thinking about the topic.

    --
    Interested in a Flash-based MAME front end? Visit mame.danzbb.com
    1. Re:Different "intelligences" by porcupine8 · · Score: 3, Interesting

      The problem is, this theory has been around for over 20 years (Howard Gardner's "Frames of Mind" in the mid-80s) but in that time, there has been zero empirical evidence for it. Whereas theories based on "g", or the general factor of intelligence that IQ tests *try* to measure (but do so with varying levels of accuracy) has about a century of pretty solid data behind it.

      --
      Warning: Apple/Nintendo fangirl. Likes her electronics cute & cuddly. May be rabid.
    2. Re:Different "intelligences" by Anonymous Coward · · Score: 4, Interesting

      The biggest problem with this categorization is that it's simply politically correct nonsense. Unfortunately, some people are overly swayed by the positive connotations of the word "intelligence" to the point that they think you can have no human value if you're not "intelligent". Gifted athletically, even if you're not smart? You must be "bodily-kinesthetically intelligent". Talented musican or artist? You must be "musically intelligent" or "chromo-visio-spatially intelligent". The word "intelligence" gets smeared around so many different categories that it loses any meaning beyond more general words like "talent" or "ability".

      The problem here isn't that intelligence tests don't let musicians score well. IQ tests measure what they measure just fine. The problem is the value system of people that want so badly for everyone to be "intelligent" that they have to change the definition of the word.

      The correct response is to realize that intelligence simply isn't all that. (I know this point will be a tough sell on Slashdot, where intelligence is particularly valued.) It's perfectly ok not to be "intelligent", and play to your other strengths.

      Identifying those strengths and weaknesses is important in being able to choose activities in which you'll be successful, or at the very least in being realistic about the extra hurdles you're going to face. There's a reason I didn't become a musician or an NBA star, and it wasn't lack of "intelligence". That, I manage just fine, but I'm sadly lacking in other talents that people value. However, the self-esteem-uber-alles crowd picked the word "intelligence" to glorify, rather than say "athleticism", which is why people are trying to force-fit abilities into names like "bodily-kinesthetic intelligence" instead of pounding the round peg into the square hole and trying to console me that I have "mental athleticism" or "cerebral coordination".

      If you call his tail a leg, how many legs does a three-legged dog have?

    3. Re:Different "intelligences" by t0rkm3 · · Score: 1

      I would hesitate to categorize athletic capability as "intelligence". As a highly ranked athlete in several disciplines, it takes more of a "lack of intelligence". You have to be able to switch off the analytical mind and allow your body to naturally control itself.

      Body awareness and movement memory is not a conscious controllable aspect of the nervous system. Thus categorizing it as intelligence seems a bit of a leap. Do we categorize felines as kinesthetic geniuses because of their sense of balance?

    4. Re:Different "intelligences" by jackbird · · Score: 2, Insightful
      No, the problem is in defining "intelligence" at all (who's smarter, Shakespeare or Newton?), particularly in any way that isn't heavily reliant on context or culture. As an example, one of the subtests in the Wechsler IQ test (the most widely used one) involves providing verbal definitions for a series of cards with pictures on them. In an early version of the test, "helicopter" was scored as a fairly advanced card. Once the Vietnam war brought images of helicopters into the news on a daily basis, the validity suffered.

    5. Re:Different "intelligences" by Anonymous Coward · · Score: 0

      Or we could just say that everyone is a potential genius, though I'm sure many will insist that they are the only true genius, and that everyone else is a fucking fool.

      But consider, do we really know that not everyone has the potential to be a genius? We might be able to rule a few people out (some will insist on including the US President and his staff), but how about everyone else? Do geniuses tend to do similar things? What if a "non-genius" were to adopt only the behaviors that are really useful? Would they become a genius? What do you suppose those useful behaviors are?

      Think I'm wrong?

    6. Re:Different "intelligences" by garyboodhoo · · Score: 1

      ah, but the same argument applies for CS, mathematics or other traditionally "intelligent" fields. Analytic intelligence (whatever that is) isn't a controllable function of the nervous system either. A background in a specific field of study is clearly a necessary attribute for technical competence, but there are significant differences between knowledge, understanding and insight. Intelligence testing is inherently flawed (though not useless) because we don't actually know what we're testing. At best we can say that standardized intelligence testing measures how well you score on standardized intelligence tests.

      --
      :: the general public is as disinterested in advanced art as ever
    7. Re:Different "intelligences" by porcupine8 · · Score: 3, Interesting
      The correct response is to realize that intelligence simply isn't all that. (I know this point will be a tough sell on Slashdot, where intelligence is particularly valued.) It's perfectly ok not to be "intelligent", and play to your other strengths.

      Absolutely. Creativity and motivation have been shown to have as much of an effect on a person's success (however you want to define it) in many areas as intelligence. Having low or high intelligence has certain things that come along with it, but it's not the end-all and be-all of your life - it means certain things are more or less likely, but it doesn't make any absolute statements.

      --
      Warning: Apple/Nintendo fangirl. Likes her electronics cute & cuddly. May be rabid.
    8. Re:Different "intelligences" by Bugmaster · · Score: 1
      If you call his tail a leg, how many legs does a three-legged dog have?
      Depends on whether your language uses lazy-evaluation for its function parameters.

      Great post BTW; I agree with you 100%. It's nice to know that I'm not the only politically incorrect individual in the world.

      --
      >|<*:=
    9. Re:Different "intelligences" by slackarse · · Score: 1

      What about motivation? A measurably highly intelligent person is probably not going to fare much better than an averagely intelligent person with extremely high motivation.

      --
      Come to Australia so we can strip search you and rob you of your internets, pr0n, rights and freedoms.
    10. Re:Different "intelligences" by npendleton · · Score: 2, Insightful

      The word intelligences has to do with how peoples' brains are wired. Are you threatened by the knowledge that some dumb jock who thinks with his fists might have exceptionally well developed spatial and athletic skills that improves his odds of completing a difficult feat that no machine (or you) could readily do?

    11. Re:Different "intelligences" by curunir · · Score: 2, Interesting

      According to the Oxford American Dictionary, you're wrong. They define intelligence as "The ability to acquire and apply knowledge and skills." (I don't have an OED on hand, but I'd imagine their definition is similar). By that definition, a person's musical talents would be considered a form of intelligence.

      What the IQ tests measure is Intellect (defined as "The faculty of reasoning and understanding objectively, esp. with regard to abstract or academic matters"). Both words come from the same Latin root, but their meanings are subtly different.

      But I understand where you're coming from...somehow I think /. types are better able to understand the separation of these traits because we, at one point in our lives, determined these characteristics by rolling dice for each of them separately.

      --
      "Don't blame me, I voted for Kodos!"
    12. Re:Different "intelligences" by gurkha711 · · Score: 2, Interesting

      The seminal work on Multiple Intelligences, Frames of Mind by Howard Gardner, identifies intelligences by what a culture deems to be important or significant, not an abstract "how-much-do-you-know" or "how-well-can-you-think" sort of thing.

      In societies and cultures where musicians are or were valued, the Musical Intelligence would be highly prized.

      The upshot of the Multiple Intelligences model is this:

      • Intelligences are never deployed individually, but rather as sets.
      • Individuals tend to use their strong intelligences to augment their weak intelligences.
      • The more you use an intelligence, the more comfortable you are with it, and the better you are at it.

      IANAL, but I am a teacher with a Master's Degree in Education!

      --
      Stephen R. Schaffter schaffter@schaffter.org http://www.schaffter.org
    13. Re:Different "intelligences" by zobier · · Score: 1

      two

      --
      Me lost me cookie at the disco.
    14. Re:Different "intelligences" by Wellington+Grey · · Score: 2, Funny
      The standard breakdown is something like: * Linguistic intelligence * Logical-mathematical intelligence * Spatial intelligence * Bodily-Kinesthetic intelligence * Musical intelligence * Interpersonal intelligence * Intrapersonal intelligence * Naturalist intelligence


      Intelligence, you keep using that word. I do not think it means what you think it means.

      -Grey
    15. Re:Different "intelligences" by Anonymous Coward · · Score: 0

      Intelligence testing is inherently flawed (though not useless) because we don't actually know what we're testing. At best we can say that standardized intelligence testing measures how well you score on standardized intelligence tests.

      This is of course the politically correct thing to say. Interestingly, however, if you look at the behaviour of educational institutions in accepting post-graduate students, you'll find that most of them place a great deal of value on GRE test scores, which tend to correlate rather well with IQ. This leads me to believe that a lot of those in charge of these institutions probably believe that standardised intelligence tests actually do say something about intelligence, even if most prefer not to be outspoken about it, owing to the media establishment's hysterical opposition to intelligence tests, and fanatical demonisation of anyone who speaks out in their favour.

      As an aside, I think there is some value in things like IQ tests and GRE tests, although of course individuals are much more complex than their test scores, and should be considered on their full merits. Nevertheless, I'd only speak out about the value of IQ tests anonymously, since, if I become a prominent individual when I compete my studies, I'd rather not be demonised by the media for violating this most sacred of political correctness's sacred cows. I would rather see political correctness die, with a return to honest discourse in public, but in view of the totalitarian instincts of its supporters in positions of power, I'm not confident this will happen any time soon.

    16. Re:Different "intelligences" by kthejoker · · Score: 1

      And how exactly do you differentiate between the terms "creativity" and "intelligence"?

      Hint: Any answer you give will expose a bias.

    17. Re:Different "intelligences" by porcupine8 · · Score: 1
      When I say intelligence, I generally mean g, the general factor of intelligence that IQ tests are trying (with varying success) to measure. We don't have a firm grasp on exactly what g is cognitively or biologically; it's really mostly a mathematical construct. I'd personally put money on it eventually coming down to faster firing of neurons and more efficient connection-making between them, or something along those lines. If you'd like more info on that, I recommend The g Factor by Arthur Jensen. If you think that means I'm biased, you're probably right - I tend to be biased toward the theories that have the most proof behind them.

      Creativity is much harder to define, and probably has even more lay and scholarly defintions than intelligence. Depending on the definition, it can be more or less closely related to intelligence - but overall, most scholarly definitions of creativity leave you with a set of skills that are not unrelated to g, but are also not heavily g-loaded. The gist seems to be that you're unlikely to have high creativity without at least somewhat above average intelligence, but the two are not perfectly linked. You can have high g without particularly high creativity (although your behavior may defy many lay theories of intelligent behavior, and really "intelligent behavior" is a different construct than "intelligence" anyhow). But anyhow, even without an exact definition for creativity, I can tell you how I differentiate them - creativity isn't g, and there's no proof that it is.

      --
      Warning: Apple/Nintendo fangirl. Likes her electronics cute & cuddly. May be rabid.
    18. Re:Different "intelligences" by ClosedSource · · Score: 0

      I'm not sure what you mean by "solid data". To prove a theory you have to be able to correlate the data with an objective independently measured result. Measuring intelligence using an IQ test is like trying to prove that heavier objects are hotter than lighter objects without having the technology for measuring temperature. There's a century of IQ data without any independent standard to test it's validity.

    19. Re:Different "intelligences" by porcupine8 · · Score: 1
      To prove a theory

      Well, few theories are ever immutably "proven." It's far easier to prove something false than true, and the more you prove that the opposite of a theory is false, the stronger the argument for its truth. That's why people try to disprove the null hypothesis, not the other way around. But I'm nit-picking here.

      you have to be able to correlate the data with an objective independently measured result.

      "The data" here would be various measures of intelligence such as IQ tests, and they are correlated with a wide variety of objective, independently-measured results ranging from success in school to likelihood of dying in a car accident to likelihood of spending time in prison to the same measures taken on people of varying genetic similarity. And yes, they control for things like socioeconomic status when deciding how well the measurement of intelligence predicts these things. I don't see how this violates your definition of proving a theory.

      No, IQ tests, etc are not perfect measures of g. In fact, the loadings of any particular test on g and on other factors is generally publically-available information. g is, basically, a mathematical construct - we know it's there, we don't necessarily know everything about its nature. (Sounds like a lot of things in physics, doesn't it?) What kind of research would you recommend to find out its exact nature, if you're so displeased with the research that has been done so far? I'm honestly interested, if you actually have some idea and aren't just throwing out criticisms of a field you're not actually familiar with, because it's one thing I plan to conduct research in (once I finish this pesky PhD).

      --
      Warning: Apple/Nintendo fangirl. Likes her electronics cute & cuddly. May be rabid.
    20. Re:Different "intelligences" by ClosedSource · · Score: 1

      The relationship between an IQ test and the probability of something like "dying in a car accident" doesn't necessarily have anything to do with the relationship between intelligence and an accident unless you assume a priori that there is a relationship between IQ and intelligence. It's really a circular argument.

      "What kind of research would you recommend to find out its exact nature, if you're so displeased with the research that has been done so far? I'm honestly interested, if you actually have some idea and aren't just throwing out criticisms of a field you're not actually familiar with, because it's one thing I plan to conduct research in (once I finish this pesky PhD)."

      I think your question illustrates a common problem in modern life. There is often a great desire to measure things because it gives an air of objectivity to your decisions. The problem is that that appearance of objectivity is just as powerful in many cases as real objectivity. So flawed measurements like IQ tests and polygraphs continue to be used.

      Keep in mind that the desire to measure doesn't say anything about the ability to measure or the real usefulness of the measure. So my long-winded response to you is that I don't need to suggest alternative research to be useful. It may turn out that intelligence isn't measurable and there's nothing illogical or implausible about that possibility.

    21. Re:Different "intelligences" by Anonymous Coward · · Score: 0

      The relationship between an IQ test and the probability of something like "dying in a car accident" doesn't necessarily have anything to do with the relationship between intelligence and an accident unless you assume a priori that there is a relationship between IQ and intelligence. It's really a circular argument.

      The same can be said about anything that isn't directly measurable. The question is, is it reasonable to thereby conclude that any analysis based in indirect measurement is circular (and thus meaningless) reasoning? I think most rational people would agree that it is most certainly not reasonable to draw such a conclusion.

      I think your question illustrates a common problem in modern life. There is often a great desire to measure things because it gives an air of objectivity to your decisions. The problem is that that appearance of objectivity is just as powerful in many cases as real objectivity.

      You appear to be making the same mistake as the brigade of journalists who frequently attack concepts like IQ (usually without sufficient grounding in statistics to even understand it). The reason people want to measure intelligence isn't to lend an air of objectivity to their decisions, it's to allow them to predict an individual's ability to reason, acquire knowledge and make use of that knowledge. Why do we want to know this? So the state can more effectively allocate educational resources, so employers can more effectively evaluate the ability of an applicant to do a job, etc.

      As I see it, the basic problem with your argument (as I understand it, and I apologise if I've misinterpreted your view) is that, in rejecting assumptions of a link between intelligence and measurable factors (e.g. academic success), you're effectively saying that intelligence is meaningless: after all, if it doesn't correlate with things like academic/professional success (positive), or the likelihood of committing violent crime (negative), then who cares about it?

      The reason people care about IQ (or GREs, A-levels, SATs, et al.) is because it does correlate with things like greater academic/professional success, a reduced probability of committing violent crime and so on. Whether or not the underlying characteristic/s its measuring is/are labelled 'intelligence' or not is really beside the point. It's not the label 'intelligent' that matters, you see, it's the ability to predict outcomes in areas that matter to public policy and private choices, like those I've noted above. If only the proponents of political correctness could get their heads round this, and stop focussing obsessively on labels.

  22. Re:Apply the same filtering to government election by Jussi+K.+Kojootti · · Score: 1
    The questions are limited to those that are objective and factual in nature...

    Bollocks. Let's say we have two questions that both are answered correctly by the same percentage of people. It's pretty much guaranteed that different groups of people get those questions wrong. By choosing the right questions you can weigh the elections, even if the chosen questions are "objective and factual"...
  23. Survivorship Bias by aldheorte · · Score: 1

    Explains everything observed by these sites. I predict that a lack of science and math education will continue to result in people fruitlessly attempting to use past performances in predicting chance-based events (either because of true randomness or sufficient complexity to thwart casual analysis) to denote exports that will at some point start getting it wrong.

  24. Nice scam by DaveJay · · Score: 3, Insightful

    Isn't this just that same old thing, where for each sporting event, you send a mailer to 50% of the people picking one team, and 50% picking the other, and whoever wins, that 50% of your original audience gets split between the two possible winners in the next mailing? Eventually you end up with a small audience, but they're CONVINCED you have a flawless sports betting "system" and pay you to learn it.

    Here, by pretending you're figuring out who the "experts" are, you're not diluting your audience with each round of guessing; instead, you're diluting your potential pool of "experts" (or systems), and eventually everyone decides that person X is always right, when really odds were that at least one person in a large pool of guessers would guess right 100% of the time.

    Past performance is no guarantee of future performance, people.

    1. Re:Nice scam by LargeWu · · Score: 1

      Indeed. It's exactly the same.

      Notice that this guy started playing back in March, but they only evaluate over a 5 week period. How did he do the rest of the year before then? How are his picks since he was deemed "expert" doing by themselves? How long does he stay an expert once his personal picks start approaching the mean?

      I'm not saying these guys aren't better than the general population. And the consensus picks might be better than any one individual. But take any one of these guys, and have them pick every game, and I think you would be doing VERY well to be successful 56% of the time over, say, 5 years.

  25. Wisdom of the crowds by Col.+Klink+(retired) · · Score: 4, Insightful
    Weird. The phrase Wisdom of the crowds was coined by James Surowiecki as the title of his book (see also wikipedia). The premise was that crowds, on average, can do better than a committee of experts. It's not that there is someone always in the middle, it's actually the highs and the lows aggregated that make sense in the wisdom of the crowd.

    This sounds like the old scam. Pick 1000 people. On day 1, send 500 of them a prediction that stock A will go up and send the other half a prediction that the stock will go down.

    On day 2, the stock either went up or down. Either way, you made a correct prediction to 500 people. Split the 500 and send two more predictions on an all new stock.

    Keep repeating this. On the fifth day, you'll have 75 people who have seen you make 5 perfect predictions in a row. Now ask each of them for $10,000 to invest in your next prediction...

    Just because one person happens to have hit the mean each time doesn't mean he's got "the knack". Statistically, there's sure to be someone whose guesses approach the mean. But that doesn't mean that their next prediction is any more likely to be accurate.

    Stick with the aggregated mass knowledge.

    --

    -- Don't Tase me, bro!

    1. Re:Wisdom of the crowds by Lurker2288 · · Score: 2, Informative

      Yeah, I sort of thought the whole idea behind 'wisdom of crowds' is the fact that you aggregate enough data to cancel out the individual biases and result in a relatively accurate conclusion. If you pull out all the "experts" who make the correct call in one trial, don't you lose the correcting power of the group? How big and intellectually diverse does a 'crowd' have to be?

    2. Re:Wisdom of the crowds by Sean0michael · · Score: 3, Interesting
      Exactly. Having a pool of experts does not mean you will have a better outcome. The odds of any one expert being correct every time are very slim. But the odds of a group being correct every time are actually better. For those that watch the football announcers (our experts) make predictions about who will win today, they disagree and none have perfect records. But when it comes to predicting spreads, the guys controlling how many points one team will win by are much more accurate because a large number of people, all with private knowledge and information plus sharing some general knowledge, all weigh in on the outcome. This diverse group (which includes experts) generally gets the correct spread (if they don't, the sports gambler in charge is losing lots of money).

      Experts are great, and their knowledge is valuable. But in making certain kinds of decisions, it is better to tap into the Wisdom of Crowds.

      --
      Funtime Candy Wow! - my plan for eventually conquering Japan.
  26. It's all about presentation by not+already+in+use · · Score: 3, Insightful

    One thing you have to remember: Perception > Reality. Speaking intellegently and writing intellegently is usually enough to convince someone that you actually know what you're talking about, if you're audience is ignorant or naive. That makes for a lot of percieved experts in the field of technology. Take the example of an internet born initiative to ban dihydrogen oxide in some county California http://www.dhmo.org/facts.html. Read this. If you haven't already heard of this, well, dihydrogen oxide is water. See how easy it is to convince a bunch of soccer moms they need to ban water? (Or that apple needs to abandon hardware... hehe)

    --
    Similes are like metaphors
    1. Re:It's all about presentation by Anonymous Coward · · Score: 0

      Take the example of an internet born initiative to ban dihydrogen oxide in some county California http://www.dhmo.org/facts.html [dhmo.org]

      I'm not sure if you realize it or not, but that website is intended to be a joke. It's not an initiative for anything.

  27. Re:Apply the same filtering to government election by LunaticTippy · · Score: 1

    It'd be easy to tilt the questions. Ask questions that are bullet-points for Focus on the Family (such as candidates' position on "family values") and you give that bloc more weight. Ask Sierra Club questions (position on environmental issues) and that bloc is favored. Ask trigger questions like abortion, gun control, immigration policy and you mainly get extremists on both sides who know these positions best.

    It'd be nice to think you're selecting for interested, educated people without bias. I think it'd be difficult to maintain a bias-free question set.

    I always thought that it should be sort of hard to register to vote. Take a written and driving test and have to renew every so often. But, there are problems with that approach too. My version of the test would be blatantly unfair, disqualifying any voter who thinks they talk with a diety that has opinions on political policy.

    --
    Man, you really need that seminar!
  28. Better indicator... by R2.0 · · Score: 3, Insightful

    If they are posting stuff on the Internet and sound like an expert, they are most likely NOT an expert.

    --
    "As God is my witness, I thought turkeys could fly." A. Carlson
  29. Re:Apply the same filtering to government election by c0d3h4x0r · · Score: 1

    Let's say we have two questions that both are answered correctly by the same percentage of people. It's pretty much guaranteed that different groups of people get those questions wrong.

    There would have to be a positive correlation between "the group of people who didn't know the answer to question #1" and some other classification (such as "the group of people who are homosexuals"). It would be extremely unlikely as well as extremely difficult to intentionally rig.

    Besides, you can solve it completely by requiring that each choice on the ballot get the same number of questions about them in the questionnaire. So if a question asks, "Where does candidate X stand on this issue?", then you'd have to ask the same question for each of the other candidates.

    Sure, people are more likely to know where their own candidate stands than the others, but that's fine -- the more questions you answer correctly, the more your vote counts. So if you only know about your own candidate, your vote counts more than someone who doesn't know anything about any candidates, but your vote counts less than someone who knows about their own candidate and the other candidates too. Everything works out as it rightly should.

    I'm sure some people will read this and ask, "But doesn't this discriminate against people who are less educated, or who don't have the time to learn about the issues or candidates?" The answer is yes, of course it does. It's just acknowledging the reality that you can't make a good decision without being informed. It's no different than requiring someone to have eyesight to drive a car -- that policy is intentionally discriminatory against the blind, but who's complaining about that?

    Finally, even if there are imperfections with the system I'm suggesting, it would still be light-years better than how the process currently works. Nothing is ever perfect, and you can poke holes in anything, but the system in use now has such obvious problems that it's easy to think up ways to radically improve it.

    --
    Moderator hint: a comment is neither "Flamebait" nor "Troll" if it is true.
  30. Blast! by Phoenix666 · · Score: 1

    Foiled by statistics again!

    You're as bad as the guy who takes issue with the statement, "We won't stop until all children are above average!"

    You're as bad as the guy who worked at MegaHuge Hedge Fund in the late 90's. His boss walked into the office one day all excited about a new way to measure risk, called "Downside Risk Quotient." He asked the guy how often the stocks in their portfolio were below their mean price, or what their "Downside Risk" was. The guy foolishly answered, "50% of the time."

    --
    Do what you can, with what you have, where you are.
  31. Finding internet experts on Slashdot? Try 4chan. by Peterus7 · · Score: 1

    And now, everybody feels pressured to post. Great job- post an article about finding internet experts on slashdot.

  32. Re:Apply the same filtering to government election by Original+Replica · · Score: 1

    The original eligiblity requirements for voting in the US were intended be the Founding Fathers to do just that. Unfortunately they where racist,sexist,and classist. I agree that it is odd that you need a test to be allowed to drive but not a test to vote. Maybe the best would be an unbiased video of a debate between all the people on the ballot that would be required viewing before going to the voting booths.

    --
    We are all just people.
  33. I thought Slashdot solved this problem already? by Cherita+Chen · · Score: 2, Funny

    Didn't Slashdot solved this problem with their moderation scheme? Oh, wait, nevermind... that would mean "Karma Whores" would qualify as experts. Nevermind.

    --
    I'm not fat, just big boned...
  34. The Emperor by entropy123 · · Score: 2, Interesting

    This quote, headlined today on google, is instructive: It has always been the prerogative of children and half-wits to point out that the emperor has no clothes. But the half-wit remains a half-wit, and the emperor remains an emperor. - Neil Gaiman I find that 'Experts' are largely chosen based on qualities other than their expertise. Usually they have good personalities and make friends easily, especially with leadership. The leadership prefers to pick and talk with experts who generally agree with their views and look good. So, it is very difficult for me to look at a given expert and think 'Hrmmm...this guy must really know something about X and that is why he is on CNN'. More likely he was friends with a CNN producer.

  35. Re:Apply the same filtering to government election by Mister+Whirly · · Score: 2, Insightful

    They have tried this before http://en.wikipedia.org/wiki/Literacy_test and it was flawed.
    "The theoretical basis for them was that illiterate persons were not sufficiently informed about the candidates and issues involved to be able to make a truly informed decision. In practice, however, the literacy requirement was often used to prevent those determined by the ruling class to be undesirable, such as the poor, racial and ethnic minorities, and other groups that it wished to see disenfranchised, from voting."
    Never trust a system rife with potential for abuse not to be abused.

    And how can you have one definitive correct answer to a question like "Where does candidate X stand on this issue?" - it is impossible. Have you seen how long current voting takes at some voting places? Hours long lines and that is with just having to prove who you are, and not how smart you are...

    --
    "But this one goes to 11!"
  36. Vox Populi by xactuary · · Score: 1

    So basically you could have a massive system to guage the stock market, based on each quote player's unquote picks. You could call it the New York Stock Exchange, for example... Must go now. It's time for my random walk.

    --
    Say hello to my little sig.
  37. I am not an expert..... by AMDfreak · · Score: 1

    ....but I did stay at a Holiday Inn Express last night!

    1. Re:I am not an expert..... by systemeng · · Score: 1

      Experts when peroperly applied do form a usable concensus. The Rand Corporation studied using groups of experts to predict enemy attacks in the 1940's. They came up with the Delphi Method of estimation seen at http://en.wikipedia.org/wiki/Delphi_method In tasks such as project management, the Delphi Method has been shown to be quite effective at predicting things like the true completion time of a complex project. While not a be-all and end-all the Delphi Method is one of the best uses of experts in prediction.

  38. Re:Apply the same filtering to government election by RKBA · · Score: 1

    On the other hand, if they asked factual questions like:
    1. What is the hexadecimal opcode for the IBM 360 "Jump" instruction?

    I would be perfectly happy with the idea. ;-)

  39. Algorithms for rivaling the best expert by Anonymous Coward · · Score: 1, Interesting

    Given a collection of experts, there are algorithms for judging the reliability of individual experts on the basis of a set of trial tests, and combining the expert opinions so your error rate is guaranteed to approach that of the best-performing expert (roughly 2x worse, worst-case, asymptotically). This is related to the statistical learning technique of boosting. See the discussion here for more technical information, and a link to a paper.

  40. Re:Apply the same filtering to government election by Anonymous Coward · · Score: 0

    nice attempt to clean up democracy but that won't work. the candidate who gets rid of this system is the one to get re-elected by the idiots allowed back in. besides that, there is no reasonable way to pick questions. what do want to suggest? voting on the questions. I would suggest trashing democracy all together for the failed system it is and just going with a well led authoratarian gov.

  41. Re:Apply the same filtering to government election by AeroIllini · · Score: 2, Insightful
    It's no different than requiring someone to have eyesight to drive a car -- that policy is intentionally discriminatory against the blind, but who's complaining about that?

    It is much different than requiring eyesight on a driver's test, because it presumes a motive.

    Remember that freedom is really about choice. My right to vote does not presume WHY I vote. I have the freedom to vote however I want. I could vote for someone because of their stance on an issue, or because they have great hair, or because they're a buddy of mine, or because I once dated their sister, or because I like their accent, or because they're in the same party I'm in, or because I think their last name sounds good in that lame rap song I wrote in high school.

    The government cannot decide for me that I must vote based on their position on issues. To continue your analogy from before, this would be like the DMV requiring me to take a test on the locations of grocery stores in my area before I would be given a drivers' license, thus presuming that the reason I would want to drive is to go to the store. What if I only want a drivers' license so I can get into bars more easily, and never intend to drive? What if I only want to drive to my grandmother's house 8 hours away, and walk to the store? The state has no reason to decide WHY I would drive.

    Freedom is about choice, and that means I can choose to vote for a stupid reason, even if it's a reason you disagree with.
    --
    For security, the MD5 hash of this message and sig is 09f911029d74e35bd84156c5635688c0.
  42. Counting Jellybeans by bartle · · Score: 1

    I've had my doubts about the idea that if you take the average of all the guesses a crowd makes it comes out to be near correct. So last time I was at an event that had a "guess the number of jellybeans and win a prize" contest I asked the organizer for all the stubs at the end of the evening. I went home and punched all the guesses into a spreadsheet.

    The mean was in the ballpark but not accurate enough to win the prize. When I took the median I got an answer that was as accurate as the best guess. So in theory if I had sat there with a laptop and watched what people wrote down I could have won the contest.

    I'm still not sure this phenomenon has a practical purpose (other than electing officials I guess) but it was an interesting thing to do. I'd be curious to do the same analysis at a very large gathering with hundreds of entries.

  43. Flipping a coin by Dan+East · · Score: 1

    Okay, so what are the odds someone can flip a coin ten times in a row, and have it turn up heads every time? 1 in 1024. So now say we have 10,000 people try this and capture each on video, and we find which actually succeeded in turning up heads 10 times in a row. Now, what are the odds that person will flip another heads on their 11th try? It's still only 1:1 of course. However there are those that will believe, after watching the video, that the odds are better than that - the whole "gut feeling" thing. That's all this website is doing - reporting on a the few lucky enough to predict the correct result n times in a row. Obviously when it comes to sporting events and the like, knowledge certainly helps. However with a large enough number of people submitting, pure chance will result in a few getting great results even with completely random submissions.

    The people that set this site up were simply smart enough to combine the statistics and the psychology and make money off of it.

    Dan East

    --
    Better known as 318230.
  44. Probably by Anonymous Coward · · Score: 0

    Probably somewhere before posting a story on Slashdot... (everyone who reads this is an internet addict)

  45. Like monkey throwing darts by mangu · · Score: 1
    The standard breakdown is something like:
    Linguistic intelligence
    Logical-mathematical intelligence
    Spatial intelligence
    Bodily-Kinesthetic intelligence
    Musical intelligence
    Interpersonal intelligence
    Intrapersonal intelligence
    Naturalist intelligence


    The problem with that breakdown is that it has as much data to support it as most of the stock market analyses one gets in spam. This pdf text shows one mathematical tool for debunking stuff like this "many intelligences" theory.


    Of course, you can invent as many definitions for "intelligence" as you want, but that doesn't mean those definitions are valid. I wear jeans more often than my cousin, does that mean I have more "jeans intelligence" than him? If the data doesn't give any useful information, then the theory is bullshit, no matter how many "experts" vouch by it.

  46. the problem is the question, not the person by cinnamon+colbert · · Score: 1

    problems can be divided into three categorys
    1) easily knowable answers, like who is the 10th president, or angelina jolies boyfriend

    2) hard to know answers, like how may diff types of beetles live in california - with enough money, you could answer this, but it would take alot of work

    3) unknowable answers, like what interest rates will be this year, or what the stock market will do tomorrow (obviously unaswerable, cause if you could, you would make gates look like a pauper), or what will happen in Iraq.

    The wisdom of the crowds is simply related to #1;
    the problem is that "experts" get paid to pretend that they know how to give answers to #3, like the talking heads that provide cheap filler for TV news.

  47. past performance is no guarantee of future .... by mooncaine · · Score: 1

    Except that past performance is no guarantee of future performance. IOW, just because an 'expert' was right often, even recently, doesn't mean that person is well informed on the issue you might bring to the table this afternoon. You still have to look at other info about that person besides a ratio of wins/losses.

  48. Identifying political candidates... by SimonShine · · Score: 1

    ... should be achieved sufficiently with lie detector tests... that fail.

    --
    Take off every 'ZIG' !!
  49. a really wise man though by tentimestwenty · · Score: 1

    And the best is when one wise man takes the input of a million and makes the best decision...

  50. H20 is Dihydrogen MONoxide because there's ONE O by figgypower · · Score: 1

    The DHMO site is a joke, you know...

  51. What? There are experts? by DiamondGeezer · · Score: 1

    Somebody tell Jimbo Wales!

    --
    Tubby or not tubby. Fat is the question
  52. Re:Apply the same filtering to government election by NoOneInParticular · · Score: 1
    Well, if you want to go about it this way, you should also make sure that a particular candidate will actually deliver what he promises, because 'I don't believe a word candidate X says' is a valid opinion to not vote for candidate X. Not knowing what stuff he is promising now is irrelevant for me believing him. Then, if you require by law that a candidate delivers on the promises that the voters are supposed to be aware of in order to vote, why the hell would you actually need a candidate at all? Let the voters simply vote on the issues and be done with it. Direct democracy, horrible idea.

    Bottom line: representative democracy is more a matter of trust in the representation than a matter of well-defined policy. If I don't trust a politician, I don't trust what he promises. In general I do not trust any politician to deliver on their promises, as they always seem to find a way to do something else. So what's left? Voting for the one you 'guess' does least damage and has the right general idea. Not the one with lots of specific ideas that I might actually agree with.

  53. Re:Apply the same filtering to government election by Anonymous Coward · · Score: 0

    >and just going with a well led authoritarian gov.

    Yes, but the important question then becomes: "how do you prevent ending up with an atrociously led authoritarian gov"?

    Any system that needs qualifiers like "well led" or "unbiased" to work well, immediately raises the question how to ensure those qualifiers.

  54. No, the cat does not "got my tongue." by Impy+the+Impiuos+Imp · · Score: 2, Funny

    > Web Geniuses and Web Dimwits

    Don't you mean Webiniuses and Webimwits?

    --
    (-1: Post disagrees with my already-settled worldview) is not a valid mod option.
  55. Combining weak classifiers by old+man+moss · · Score: 1

    I'm not sure what you mean by aggregating probabilities, but I think you can only combine weak classifiers and get better results if all the classifiers have greater than 50% accuracy.

    Say I have 3 classifiers which are 51% accurate. If I take their predictions as votes and go with the majority then that will give me an accuracy of 51.5% (0.51 * 0.51 * 0.49 * 3 + 0.51 * 0.51 * 0.51)

    A majority of 101 classifiers would get you 58% and 1001 about 74%. The more classifiers the closer to 100% you could get.

    But if you have some classifiers with less than 50% accuracy then the best you can do is ignore them!

    --
    rt
    1. Re:Combining weak classifiers by old+man+moss · · Score: 1

      Actually, it's not quite that bad. Obviously if you know some classifiers are less than 50% then you should ignore them; but you might only lose a bit of performance if the odd outlier slips in.

      For example, two 80% classifiers and a 30% classifier would give a majority performance of about 74%

      (one 80% classifier and two 30% classifiers will only get you 43%)

      And obviously (I hope) we are talking about the true accuracy here, not the sampled accuracy over some small number of trials!

      --
      rt
  56. Chance by quisph · · Score: 1

    If 10,000 people each flipped a coin ten times in a row, chances are good that nine or ten of them would have it land heads-up each time. Have identified the "expert" coin-tossers, then? I don't think so.

    1. Re:Chance by Uncle+Diesel · · Score: 1

      I think you're being rather harsh about methodologies to judge experts -- using any kind of statistical technique to do so will only weed out "non-experts" through outright rejection, whereas anyone passing the test at any point in time might just have been "lucky" and therefore may or may not be an expert. As we can't play this "guess the expert" game over an infinite timeframe, no one can be proved to be an expert with an absolute degree of certainty.

      While I agree with some earlier posters' views that many financial "experts" are merely self-promoting know-nothings (and indeed produce returns inferior to the market), I believe certain people have proved, over the long-term, to have made sufficiently consistent investment decisions to predict future asset prices better than the underlying market itself - a point in case would be Warren Buffett.

      If the above is true then it must follow that a panel of experts could indeed outperform, out-think and out-manoeuvre the general public.

  57. Re:H20 is Dihydrogen MONoxide because there's ONE by not+already+in+use · · Score: 1

    Thanks, John Madden, I don't think anyone realized that.

    --
    Similes are like metaphors
  58. Don't Believe It For A Second by Anonymous Coward · · Score: 0

    The real geniuses on the internet are posing as idiots. That way, when they say something worthwhile, they are more relatable to the common man and what they say is given more weight. Either that or, when they want to say something intelligible, they know to stay off the grid by only posting using their army of zombies or as an Anonymous Coward.

    But what would I know?

  59. Re:Apply the same filtering to government election by Jussi+K.+Kojootti · · Score: 1
    There would have to be a positive correlation between "the group of people who didn't know the answer to question #1" and some other classification (such as "the group of people who are homosexuals"). It would be extremely unlikely as well as extremely difficult to intentionally rig.

    Extremely difficult? ok... Let's say you want to rig elections and have a decent budget. you get 4000 people to answer a survey of 1000 questions. One of the questions is "Who are you going to vote?". The correctness of the answers to the 999 other questions will be checked for correlation with the vote-question. Quite probably you are going to find a few questions that correlate in the right direction.

    I don't think that would be difficult, and I certainly don't think that would be unlikely -- every party out there would be doing it.
  60. They wanted it to be 100%. by Futurepower(R) · · Score: 1

    Think about it. Mutual fund managers give advice because they think it will make them money, not because they think it will make you money. They lie to dump stocks they wish they hadn't bought. The percentage would be 100%, but sometimes stocks they don't like do well anyway.

    --
    Bush lied. Thousands died. Impeach.