The Wisdom of Crowds: Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations Cover
Podcast Mentions

The Wisdom of Crowds Why the Many Are Smarter Than the Few and How Collective Wisdom Shapes Business, Economies, Societies and Nations

James Surowiecki

“No one in this world, so far as I know, has ever lost money by underestimating the intelligence of the great masses of the plain people.”  —H. L. Mencken

Podcasts 7
Quotes 12
Pod Save America

The hosts noted that James Surowiecki had authored a book titled The Wisdom of Crowds, which they said was a hit.

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James wrote a book called the wisdoms of crowds. It was a hit in case you didn't keep up.

— Episode: First They Came for John Bolton

Episode: First They Came for John Bolton

The hosts noted that James Surowiecki had authored a book titled The Wisdom of Crowds, which they said was a hit.

"

James wrote a book called the wisdoms of crowds. It was a hit in case you didn't keep up.

Episode: Trump's "Liberation Day" Crashes the Stock Market

The book was mentioned as the work of the guest James Surowiecki, highlighting his credentials as the author of The Wisdom of Crowds.

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James Surowiecki ... is the author of the book, The Wisdom of Crowds.

Episode: 1118: Is Trump Afraid of Bad Bunny? (feat. Pablo T...

The conversation referenced the book as a source that described prediction markets as an interesting and useful way to forecast outcomes.

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but it's interesting because realistically, the prediction market, as Jim Sirawicke, Wisdom of Crowds, that was his book in 04, told me, it is an interesting and useful way to predict some things.

Hidden Brain

The book was referenced as a recent publication summarizing research on collective judgment and how averaging independent estimates reduces noise.

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That was summarized in a recent book by James Surouviakki on The Wisdom of Prouds and the fact that when you take multiple judgments independent judgments and average them you eliminate noise.

— Episode: The Transformative Ideas of Daniel Kahne...

Episode: The Transformative Ideas of Daniel Kahneman

The book was referenced as a recent publication summarizing research on collective judgment and how averaging independent estimates reduces noise.

"

That was summarized in a recent book by James Surouviakki on The Wisdom of Prouds and the fact that when you take multiple judgments independent judgments and average them you eliminate noise.

He highlighted that averaging independent judgments is guaranteed to eliminate noise.

Episode: Our Noisy Minds

It was mentioned as a book summarizing the concept of how averaging independent judgments can eliminate noise and achieve more accurate outcomes.

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And that led to a lot of research that was summarized in a recent book by James Surowiecki on the wisdom of crowds and the fact that when you take multiple judgments, independent judgments, and average them, you eliminate noise.

Morning Wire

The hosts referenced the book to illustrate that diverse, independent decisionmakers often outperform experts, citing examples where crowds achieved higher accuracy than individuals.

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There's a book called The Wisdom of Crowds, and the idea there is that if you have a diverse group of people making independent decisions, that they can be smarter than any expert. And in that book, t...

— Episode: How Angel Studios is Winning the Box Off...

Episode: How Angel Studios is Winning the Box Office | 12.3...

The hosts referenced the book to illustrate that diverse, independent decisionmakers often outperform experts, citing examples where crowds achieved higher accuracy than individuals.

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There's a book called The Wisdom of Crowds, and the idea there is that if you have a diverse group of people making independent decisions, that they can be smarter than any expert. And in that book, they give some examples. So the crowd usually performs better than the stock trader. There's an example of, well, who wants to be a millionaire? People can ask for a friend for an answer or they can ask the audience to answer.

The Charlie Kirk Show

It was mentioned in the context of the Angel Studios model, which allows the audience to make decisions rather than just a few executives, similar to the idea of collective intelligence found in the book.

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there's actually a book called the wisdom of crowds where it talks about how the community when given the right sandbox and environment can actually make better decisions than any executive

— Episode: Unraveling the J6 Committee Coverup

Episode: Unraveling the J6 Committee Coverup

It was mentioned in the context of the Angel Studios model, which allows the audience to make decisions rather than just a few executives, similar to the idea of collective intelligence found in the book.

"

there's actually a book called the wisdom of crowds where it talks about how the community when given the right sandbox and environment can actually make better decisions than any executive

The Clay Travis and Buck Sexton Show

The speaker mentioned this book in the context of criticizing James Surowiecki's commentary on the Don Lemon arrest, implying the author lacked wisdom regarding the situation described.

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James Surowiecki, who wrote a book called The Wisdom of Crowds and like really has none of his own. Um, it tweeted, are you seriously arguing that a journalist who embedded with civil rights protester...

— Episode: Normally Podcast: Don Lemon Arrest Fallo...

Episode: Normally Podcast: Don Lemon Arrest Fallout, School...

The speaker mentioned this book in the context of criticizing James Surowiecki's commentary on the Don Lemon arrest, implying the author lacked wisdom regarding the situation described.

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James Surowiecki, who wrote a book called The Wisdom of Crowds and like really has none of his own. Um, it tweeted, are you seriously arguing that a journalist who embedded with civil rights protesters in the 1960s while they planned acts of civil disobedience and then accompanied them to cover those acts of civil disobedience would be persecuted for doing so?

Adam Carolla Show

Wisdom of Crowds was mentioned in the context of how Angel Studios' crowd-sourced approach to making movies is based on the idea that a diverse group of people can make better decisions than a small group of experts. The book tells the story of Francis Galton who discovered that the average guess of a large group of people was more accurate than the guesses of experts in predicting the weight of an ox. This idea was used to explain how the Angel Guild, which consists of 270,000 people from all walks of life, can accurately predict the success of a movie.

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When you, have you ever read the book Wisdom of Crowds?

— Episode: Erik Griffin on Breastfeeding & Lumber +...

Episode: Erik Griffin on Breastfeeding & Lumber + Neal & Je...

Wisdom of Crowds was mentioned in the context of how Angel Studios' crowd-sourced approach to making movies is based on the idea that a diverse group of people can make better decisions than a small group of experts. The book tells the story of Francis Galton who discovered that the average guess of a large group of people was more accurate than the guesses of experts in predicting the weight of an ox. This idea was used to explain how the Angel Guild, which consists of 270,000 people from all walks of life, can accurately predict the success of a movie.

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When you, have you ever read the book Wisdom of Crowds?

James Sawicki.

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The book was referenced as one of several works by the financial journalist during a discussion about Trump's tariffs, with the host noting the author's broader bibliography. No specific endorsement or critique was offered, merely acknowledging its existence among the author's titles.

Episode: What Economists Think of Trump’s Tariffs

This book was mentioned as one of several written by financial journalist James Surawicki, who was being interviewed about Trump's tariffs.

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He's written several books, including The Wisdom of Crowds.

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