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Wisdom of the Crowd
The wisdom of the crowd assumes that a crowd or group of people is remarkably more intelligent and smarter than the smartest individual among them. This operates in the world in many different guises. The wisdom-of-crowd phenomenon has been replicated across a number of disciplines. It has become increasingly relevant with the rapid spread of the Internet and social networks. This paper provides a brief introduction to the wisdom of the crowd.
Keywords
Crowd Wisdom, Wisdom of the Crowd, Crowd Consensus, Crowd Sourcing, Diversity of Opinions, Collective Knowledge.
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