Tag Archives: wisdom of crowds

New Hampshire prediction markets screwed up political forecasting in 2008. Will they be right this time? — [CHARTS]

The political prediction markets got the Democratic race wrong in New Hampshire, last time. More here. – New Hampshire – The Democrats – The Hillary Clinton event derivative was expired to 100. – New Hampshire – The Republicans – The … Continue reading

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Keeping score of experts’ forecasts — [VIDEO]

Philip Tetlock:

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Emile Servan-Schreiber’s Lumenogic (ex-NewsFutures) harnesses the wisdom of crowds (scientists and engineers) for the US Air Force. — [LINK]

Emile Servan-Schreiber (cited in Bloomberg story): Every company faces the challenge of [finding out] what our company really knows — how do I access it, when I need it, how I need it — to help drive decision-making or results … Continue reading

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Socially valuable betting (based on accountable predictions) has long been legal in America, professor Hanson. — [AWARENESS]

Robin Hanson: A track record tech must be combined with a social equilibrium that punishes those with poor records, and thus encourages rivals and victims to collect and report records. The lesson I take for forecast accuracy is that it … Continue reading

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After years of pretending being a prediction market consultant, Robin Hanson finally confesses nobody has ever cared about his stuff. — [LINK]

The Emperor of enterprise prediction markets is naked. Robin Hanson: I can confirm that this disinterest is real. For example, when I try to sell firms on internal prediction markets wherein employees forecast things like sales and project completion dates, … Continue reading

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Meet the masters of collective intelligence. — [VIDEO]

Scobble interviews the founder of Spigit. ADDENDUM: As you know, the wisdom of crowds requires diversity, decentralization and independence (among a total of 4 criteria). Confirmation with this study.

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Thomas Malone’s collective intelligence is an abyssal hodgepodge… “à la Prévert”. — [LINK]

Topics of interest include but are not limited to: human computation social computing crowdsourcing wisdom of crowds (e.g., prediction markets) group memory and problem-solving deliberative democracy animal collective behavior mechanism design organizational design public policy design ethics of collective intelligence … Continue reading

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Thomas Malone gives a bad name to collective intelligence. — [RANT]

Thomas Malone is a smart man, and his institution is a great idea. But I can’t stand that: Solving Climate Change with CrowdSourcing I am fed up with the academics who are overselling the wisdom of crowds. Enough already.

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QualiQuanti’s Daniel Bô misunderstands collective intelligence. — [REBUTTAL]

Ignorant people misunderstands the concept of collective intelligence. The latest instance is Daniel Bô, who works for the advertising industry in Europe. In a commercial brochure bragging about his ethereal prowess and the suprême intelligence of his associates, Daniel Bô … Continue reading

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What’s up with Emile Servan-Schreiber? — [LINK]

At Lumenogic (ex-NewsFutures), he practices “InnerViews“. Cool.

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