Collective Wisdom vs Herd Mentality

I found the video below quite interesting. It was great to see both the spontaneous order side, and the herd mentality side, of collectives explained. In order for a collective to have wisdom, they need two ingredients, a diversity of thought/ideas (viewpoint diversity), and independence from external influences that might intentionally or unintentionally skew their conclusions. Of course, modern society is full of external influences engineered specifically to skew our […] Read more »