James Surowiecki Quotes About Google

Quotes about: Google

• This intelligence, or what I'll call "the wisdom of crowds," is at work in the world in many different guises. It's the reason the Internet search engine Google can scan a billion Web pages and find the one page that has the exact piece of information you were looking for. It's the reason it's so hard to make money betting on NFL games, and it helps explain why, for the past fifteen years, a few hundred amateur traders in the middle of Iowa have done a better job of predicting election results than Gallup polls have.

  James Surowiecki

  Wisdom, Jobs, Past

  "The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations". Book by James Surowiecki, 2004.

• The history of the Internet is, in part, a series of opportunities missed: the major record labels let Apple take over the digital-music business; Blockbuster refused to buy Netflix for a mere fifty million dollars; Excite turned down the chance to acquire Google for less than a million dollars.

  James Surowiecki

  Opportunity, Apples, Google

  "Groupon Clipping". www.newyorker.com. December 20 & 27, 2010.

• If you work for Google or Apple, stock options give you a chance to share in the increasing value of the company. In the N.F.L., nothing like this happens; the players, though rich, are just working stiffs like the rest of us.

  James Surowiecki

  Player, Apples, Giving

  "Scrimmage". www.newyorker.com. March 21, 2011.

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