Tag Archives: honest signals

Should We Trust the Crowd?

Overexposed crowd image by Victoria Peckham
by Geoff Livingston
One of the strangest aspects of newfound freedom is the want to run riot over everything. You can see this with attitudes towards free content, popular theories, unconference and crowdsourced conference content, and general crowd-sourcing initiatives. In reality, these initiatives bring great creativity to bear (many outweigh [...]

Leveraging Idea Markets While Avoiding Echo Chambers

Some of the greatest potential of social media lies in its ability to facilitate collaboration (Image: Japanese Light Bulb by emburke07). This ability to leverage multiple minds towards a greater, better solution — the harnessing of our collective intelligence — holds much hope for communities, businesses, nations and even the world alike (see the [...]

Idiots and Gossip (Plus Other Tales from the Sociometer)

Idiots and gossip represent the biggest danger to idea markets and networked intelligence, says MIT Media Lab Professor Alex Pentland in his findings, “Honest Signals.” Of particular note: In large groups behavioral dynamics can cause for less than stellar results via bad ideas introduced (idiots) and shared sources that repeat the same information over [...]