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Crowd Wisdom Principles

Hypermind
Explainers
YouTube
1 HN user recommended this explainer1 month2023–2025 score 1
Years with an HN recommendation, 2007–2026

HN people cite it as a short explanation of how aggregated individual guesses approach the truth.

A ten-minute explainer from Hypermind on the wisdom of crowds, covering Galton's discovery and the diversity theorem. It argues that collective intelligence comes from diversity, independence and aggregation.

“A shorter explanation” (HN, 2024)

1 recommendations · 2 citations · Explainers

3 Hacker News comments

From the HN archive; up to 20 kept per video, favoring different commenters. Recommendations first.

@a_gnostic Feb 2024 Recommends
on HN thread Fake: It's only a matter of time until disinformation leads to calamity
Human social psychology, aka. "The wisdom of crowds, and the stupidity of herds" (1), in which the average opinion of large groups of people is closer to the truth, than each individual opinion. By informing all individuals of the propaganda you wish to spread, you can influence that average, hijack, and change it to the stupidity of the herd aka. Gleichschaltung (2), which is why these people want to decide what is and what isn't "dangerous" speech. Fuck'em. 1. [link] A shorter explanation: [this video] 2. [link] Edit to add a gamification of this for collaborative fact checking [link]
Short explanation of how crowd averages approach truth.

Citations, criticism and jokes

@TEP_Kim_Il_Sung Jan 2023 Cites it
on HN thread The internet wants to be fragmented
The wisdom of crowds is a well known principle, used in engineering to overcome something that is extremely difficult to measure (noisy data for instance), considering only one single measurement would be very dangerous, since it might be extremely imprecise. However, if you measure 1000 times and take the average, the errors cancel out and you have a pretty accurate measurement :) [this video]
Illustrates the wisdom of crowds principle.
@Galatians4_16 Feb 2025 Cites it
on HN thread Government planned it 7 years, beavers built a dam in 2 days and saved $1M
Enabling people to make individual decisions, ensures the soundest decisions to be made in aggregate. (1) This is not unlike the spontaneous order occuring in all natural systems. This process can be subverted, but only to great detriment of the whole. 1) [this video]
Footnote supporting that individual decisions aggregate well.

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