Crowd Wisdom Better At Predictions Than Top CIA Analysts
First time accepted submitter tkalfigo (1448133) writes "The Good Judgment Project is an experiment put together by three well-known psychologists and some people inside the intelligence community. What they aim to prove is that average, ordinary people in large groups and access just to Google search can predict far more accurately events of geopolitical importance than smart intelligence analysts with access to actual classified information. In fact there is a clearly identified top 1 percent of the 3000 predictors group, who have been identified as super-forecasters: people whose predictions are reportedly 30 percent better than intelligence officers."
People ahead in guessing games such as these are probably more likely to regress to the mean than to continue defying probability.
Happiness in intelligent people is the rarest thing I know.
Ernest Hemingway
CIA cannot believe a wisdom based output, they have to believe that their actions will change the outcome.
There was a project affiliated with Google that aimed to predict disease outbreaks using the search engine, but that didn't turn out that well. In fact, it barely succeeded in any of its predictions.
This is why its better to have elections than let the CIA select the government. AFAIK, anyway.
http://michaelsmith.id.au
I wonder if they properly controlled for luck. Take three thousand people and get them to make predictions and some of them are going to appear unusually accurate than others even if all of them are just making completely random guesses. You'd be surprised how many people don't correctly account for that. Every paper proposing clinical diagnostic criteria I've ever read, for example.
Back in 2003, there was a similar system called the Policy Analysis Market (PAM) that was close to being implemented. It got deep-sixed by some world-class idiots from Congress (see my opinion then). It's too bad that we have to go to a somewhat contrived surveying/polling system rather than use something that we know works.
For example, I think a PAM system would have given us (and I mean everyone not just US policy makers) insight into how the events of the Arab Spring revolutions would evolve even if it couldn't have predicted the original flash point.
With enough people, there will be someone with insightful information, and probably a balance of opinions. Searching for bugs in open source works a little like that.
But in theory if a professional intelligence service had hard evidence that, for example, a politician is bluffing about something, then a policy can be adopted even if it goes against some conventional wisdom.
For example, the information that Saddam Hussein's WMD programme was a hoax prevented a rash invasion...., um, never mind.
http://en.wikipedia.org/wiki/D...
This has been known since the 60s. Only reason it keeps cropping up is the ego of the people involved in analysis, and the organizational inertia of the agencies involved.
Interesting, so why do "laymen" in the US keep electing zealots, crackpots, and "entrepreneurs" who are clearly lying to their face for fun and profit? Do you guys enjoy being treated with contempt?
And did you exchange a walk on part in the war for a lead role in a cage? - Pink Floyd.
While I am sure there are occasional situations where it might be advantageous to be thought foolish and incompetent, in general this is likely a bad thing.
It's like being thought *weak* in military terms. There in tactical situations you'd like the enemy to underestimate your strength, strategically it's better to be thought stronger than you actually are. If a hostile country is considering violating some treaty they have with us, we'd want them to think our intelligence agencies will catch them red-handed. Once they actually go down that road, we'd want them to think our agencies are completely incompetent.
Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
That is because elections happen in a way that eliminates the most important aspect of crowd wisdom. In order for crowd wisdom to be reliable it must be insulated from being influenced by the charisma of individuals. There is no way to set up elections to do this. Actually, I wonder if the secret ballot may in a way actually exacerbate this problem.
This thought just came to me now, so I do not think I can explain the reasoning as to why that might be so. I will try any way. It seems possible that the necessity of having to explain to one's peers the reason one made a choice which was unpopular with them might offset the amount which the individual charisma of the candidate (or the candidate's representatives) influenced the decision. The other way in which eliminating the secret ballot would influence the outcome is that it would make it harder to manufacture votes for a particular candidate, since everyone would have some idea how everyone else voted.
The truth is that all men having power ought to be mistrusted. James Madison
By someone else: http://www.amazon.com/The-Diff...
By me on the need for better intelligence tools for the public: http://pcast.ideascale.com/a/d...
http://www.phibetaiota.net/201...
By me on the security clearance process reduces cognitive diversity in three letter agencies: http://www.phibetaiota.net/201...
"This essay discusses how the USA's security clearance process (mainly related to ensuring secrecy) may [ironically] have a counter-productive negative effect on the USA's national security by reducing "cognitive diversity" among security professionals. "
A 21st century issue: the irony of technologies of abundance in the hands of those still thinking in terms of scarcity.