History Of The Wisdom of the Crowds
NOVA recently did a segment on the Wisdom of the Crowds. This is a fun and educational video that gives you a good introduction to the wisdom of the crowds. Watch it here. The video is about Sir Francis Galton who was trying to prove that the noblem men were smarter then the commen man, so he devised an exparment at the county fair he asked people to guess the wight of a Ox, to his surprise the crowd accurately guessed the weight of an ox when their individual guesses were averaged.
The site also have a good amount of addition information here. If you have a few second try to guess how many regesterd taxi cabs are in New York and leave your answer here. Although it looks like that exparment has been curpted by less then steller people its still intresting. Enjoy.