James Surowiecki Quotes About Independence

Quotes about: Independence

• Diversity and independence are important because the best collective decisions are the product of disagreement and contest, not consensus or compromise.

  James Surowiecki

  Diversity, Decision, Independence

  James Surowiecki (2005). “The Wisdom of Crowds”, p.19, Anchor

• Diversity and independence are important because the best collective decisions are the product of disagreement and contest, not consensus or compromising. An intelligent group, especially when confronted with cognition problems, does not ask its members to modify their positions in order to let the group reach a decision everyone can be happy with. Instead…the best way for a group to be smart is for each person in it to think and act as independently as possible.

  James Surowiecki

  Smart, Thinking, Intelligent

• Bubbles and crashes are textbook examples of collective decision making gone wrong. In a bubble, all of the conditions that make groups intelligent - independence, diversity, private judgement-disappear.

  James Surowiecki

  Intelligent, Diversity, Decision

• The smartest groups, then, are made up of people with diverse perspectives who are able to stay independent of each other. Independence doesn't imply rationality or impartiality, though. You can be biased and irrational, but as long as you're independent, you won't make the group any dumber.

  James Surowiecki

  Independent, Long, People

  James Surowiecki (2005). “The Wisdom of Crowds”, p.41, Anchor

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