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Harnessing the collective wisdom of people is an area of intense contemporary interest and cutting-edge research. The application of the term to methodologies that are designed to harness collective wisdom is credited to the work of Alexander Christakis and his group, [3] [4] As the challenges society faces today are of extreme complexities, the only solution is to develop technologies capable ...
H.G. Wells World Brain (1936–1938). The concept (although not so named) originated in 1785 with the Marquis de Condorcet, whose "jury theorem" states that if each member of a voting group is more likely than not to make a correct decision, the probability that the highest vote of the group is the correct decision increases with the number of members of the group. [20]
A large group's aggregated answers to questions involving quantity estimation, general world knowledge, and spatial reasoning has generally been found to be as good as, but often superior to, the answer given by any of the individuals within the group.
The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations, published in 2004, is a book written by James Surowiecki about the aggregation of information in groups, resulting in decisions that, he argues, are often better than could have been made by any single member of the group.
The group can be a small group, such as 3–5 people talking together or working together online. The group can also be a larger collective, such as a classroom of students or a global community contributing asynchronously to an extended discourse on a problem or topic or to a knowledge repository like Wikipedia.
Tribal knowledge may be one aspect of a group's bus factor. If too many individuals with tribal knowledge leave a team, the knowledge may be lost and hamper the team's ability to work. Tribal knowledge has a lot of commonality with tacit knowledge. Both tacit and tribal knowledge are formed by personal stories, learning experiences, mentorships ...
Transactive memory is a psychological hypothesis first proposed by Daniel Wegner in 1985 as a response to earlier theories of "group mind" such as groupthink. [1] A transactive memory system is a mechanism through which groups collectively encode, store, and retrieve knowledge.
Common knowledge is a special kind of knowledge for a group of agents. There is common knowledge of p in a group of agents G when all the agents in G know p, they all know that they know p, they all know that they all know that they know p, and so on ad infinitum. [1] It can be denoted as .