Social Influence and the Wisdom of Crowd Effect
formfeed writes "A lot has been written lately on the crowd effect and the wisdom of crowds. But for those of us who are doubtful, the Proceedings of the National Academy of Science has published a study showing how masses can become dumber: social influence. While previous studies show how groups of people can come up with remarkably accurate results, it seems 'even mild social influence can undermine the wisdom of crowd effect in simple estimation tasks.' Social influence 'diminishes the diversity of the crowd without improvements of its collective error.' In short, crowd intelligence only works in cases where the opinion of others is hidden."
duh?
Just look at Facebook.
You got the touch!
This is exactly what happened with George W. Bush's felony wiretapping crimes. The clear fact was that he and his administration, through the NSA's new wiretapping programs, committed multiple wiretapping felonies, each punishable by law by up to five years in prison. Instead of reporting this inconvenient fact, the news "experts" focused on "strategy"--is it a good strategy for Democrats to hold the president to inconvenient standards like the law, when it might make them look weak on security? And somehow this massive crime was talked down into a non-issue, quietly pushed out of the scene, and when people had forgotten about it, swept under the rug by most everyone in power with retroactive immunities.
I think (hope?) that without the "opinion leaders" the outcome would have been very different.
I do think this is why we have the _same_ two political parties.
Facebook is just plain crowd: like a mob with everyone shouting.
Slashdot is a crowd moderated by randomly selected crowd-members, with multiple-moderation, meta-moderation, and karma-influence.
That's a huge difference. And you can see it. On Facebook, there's an endless stream of garbage. On slashdot, you can go back to an article that has matured and just read the 4s and 5s and get a pretty good sense of the best content.
No slashdot ain't close to perfect. What this shows however is that "wisdom of the crowds" is variable based on the system used. The more complex and well thought-out the system, the more wise the crowd gets.