Crowdsourcing – Wisdom or Madness?

Crowdsourcing - Wisdom or Madness? According to Nietzsche “Madness is rare in individuals, but in groups, parties, and nations it is the rule.”  James Surowiecki’s book “The Wisdom of Crowds” has popularized the opposite concept. Free market capitalism (Adams Smith’s “invisible hand”) and democracy are often used as examples of the wisdom of crowds [...]