Except when it's dumber. It isn't hard to think of examples in which whole societies are dumber or crazier than single individuals.
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In 1999, Gary Kasparov played a chess match against "the world" (50,000 internet users co-ordinating their moves by votes). He won.
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A smart guy would use the market and correct a few mistakes.. or is that cheating?
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Kasparov didn't think so. He lurked in the chat rooms of the other players, and knew their next move long before they made it.
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Doubtful. More likely it is just the sum total. Group IQ doesn't exist.http://www.unz.com/jthompson/group-iq-doesnt-exist/ …
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Two things can be true at the same time: 1) group IQ doesn't exist (as per your post) - call this tactical problem solving 2) group density and size has nonlinear effects on culture and specialization - call this the extended order, in the hayekian sense https://en.wikipedia.org/wiki/Extended_order …
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Thanks for this!
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Maybe, but committees aren't.
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