Thursday, October 2, 2008

Is it wise to use Crowd Wisdom?


If there is anything worse (or good, whichever side of the fence you're in) than a crisis, it is finding a lot of 'expert opinions' to debate on a solution. There are situations that need instant response and action and that is where we have the educated and trained individuals. Think of it as doctors in an ER. However, finding answers to problems that encompass a broad scale and which affect populace always prove to be a tough balancing act between picking the right answer and appealing (or appeasing?) to the crowd sentiment.
As if it was possible to be right always... think Presidency.

Rizzin Hopkins on Experts and the Economy.


Related content:
What's a techie to do in a financial crisis?

Same old Bailout plan
Here is the Solution
What is the bailout plan anyway?

Stepping up: Venture Capital
Building financial crisis-proof business

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