On the Lookout for Wisdom

I was trying to understand the popularity of websites like Yelp.com and Digg.com. These sites rely on the so-called Wisdom of Crowds to identify the best places to eat, shop, etc. [Yelp] and to determine what news is REALLY news [Digg].  Apparently,  when we somehow aggregate the knowledge and information of a large number of people, we come […]