BoroMart
Well-known member
I'm not familiar with the theory, but it looks like it starts with the concept of Cognition: "Thinking and information processing, such as market judgment, which he argues can be much faster, more reliable, and less subject to political forces than the deliberations of experts or expert committees."The Wisdom of Crowds?
However, this theory was developed in 2004, pre-social media, pre- ubiquitous facebook, pre-cambridge analytica and their Brexit 'success'. I'd be interested to see it updated for the current environ, where political forces have subverted normal methods. Where that very crowd can and are directly, subtly, and absolutely manipulated by those political forces that in 2004 didn't have the direct reach and influence into our daily lives. Does this theory still stand in 2020?! The crowd is no longer an amorphous impenetrable blob. The crowd are now individually identifiable, profile-able and reachable to all political parties with deep enough pockets.
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