It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
you can get very accurate predictions about geopolitical events without access to secret information. In addition, access to classified information doesn't automatically and necessarily give you an edge over a smart group of average citizens doing Google searches from their kitchen tables.
(see the vid below for a deGrasse Tyson introduced bit about it on NOVA/PBS)
The wisdom of crowds is a concept first discovered by the British statistician Francis Galton in 1906.
Galton was at a fair where about 800 people had tried to guess the weight of a dead ox in a competition. After the prize was awarded, Galton collected all the guesses so he could figure out how far off the mark the average guess was.
It turned out that most of the guesses were really bad — way too high or way too low. But when Galton averaged them together, he was shocked:
The dead ox weighed 1,198 pounds. The crowd's average: 1,197.
HARNESSING THE WISDOM OF THE CROWD TO FORECAST WORLD EVENTS
The Good Judgment Project is a four-year research study organized as part of a government-sponsored forecasting tournament. Thousands of people around the world predict global events. Their collective forecasts are surprisingly accurate.
We are participating in the Aggregative Contingent Estimation (ACE) Program, sponsored by IARPA (the U.S. Intelligence Advanced Research Projects Activity). The ACE Program aims "to dramatically enhance the accuracy, precision, and timeliness of forecasts for a broad range of event types, through the development of advanced techniques that elicit, weight, and combine the judgments of many intelligence analysts." The project is unclassified: our results will be published in traditional scholarly and scientific journals, and will be available to the general public.
The obvious danger here is to believe that mob rule is desirable or applicable in some way to public policy. - See more at: www.abovetopsecret.com...
BuzzyWigs
reply to post by greencmp
The obvious danger here is to believe that mob rule is desirable or applicable in some way to public policy. - See more at: www.abovetopsecret.com...
But it's not talking about "mob rule" - it's talking about forecasting what's likely to happen.
Did you watch the little video?
It explains how the guy Gelman (the Ox-weight-guessing-game inventor), found that when he averaged (mean or median?) the answers (all of which were 'wrong') the answer was off by one pound. It's about hearing different ideas, and compiling them for a 'consensus' based on math -
Gelman also thought the 'crowd' (or mob) was incapable of making good judgments, and should not be allowed to vote.
(by the way, Here's to TNH.)
edit on 4/2/2014 by BuzzyWigs because: (no reason given)
Obviously, I am projecting the idea that this is desirable because of the expected outcome (minimum wage increase) and I am challenging that presumption. - See more at: www.abovetopsecret.com...
BuzzyWigs
reply to post by greencmp
Obviously, I am projecting the idea that this is desirable because of the expected outcome (minimum wage increase) and I am challenging that presumption. - See more at: www.abovetopsecret.com...
Why are you linking it to minimum wage increase?? I don't see a tie-in, but on the other hand, incidentally, a few minutes after the story aired there was a bit about how Ford, the original Henry Ford, at right about the same time, doubled his employees' wages. (At least I don't think the two were related...but I was driving my husband's too-big truck, in the rain, right after it got light out, on the highway, so I may have been distracted).
In any case, I am a supporter of raising the minimum wage, as well as capping income (ala Jesse Ventura's Off the Grid show).
But that's off-topic.
Anyway, very much appreciate your contribution to the thread!
Take all the votes, figure the total for each candidate, then..
..add the total to the national debt?
Guessing a weight is different than picking a political candidate. A dead oxen is something very tangible that, with a little thought, it's weight can be guessed within a ballpark figure. - See more at: www.abovetopsecret.com...
This is how policies are implemented, from a broad overview by those with a select education. - See more at: www.abovetopsecret.com...
It's as if you're trying to get to the theory that sub-consciously we're on a higher level than we are individually.
Now if we, individually, got that train rolling ourselves with peace as the driving force behind it all.........then we'd be onto something. - See more at: www.abovetopsecret.com...