Problem
In his 2004 book, The Wisdom of Crowds, James Surowiecki popularized the wisdom of crowds idea. In it, he looked at how large groups have made better decisions in fields like pop culture, psychology, biology, and behavioral economics.
The theory of collective judgment that Aristotle presented in his work Politics is where we can find the origin of the concept of the wisdom of the crowd.
He gave the example of a potluck dinner to illustrate how a group of people can come together to create a feast that is more satisfying for the group as a whole than one person's contribution.
What are the Characteristics of a Wise Crowd?