[ExI] Evolution-like, wisdom of crowds systems

[Jef Allbright]

Recommended.

<http://karmatics.com/docs/evolution-and-wisdom-of-crowds.html>

Question for those who believe democracy is The Way:
Is the success of these social systems indicative of "democracy" or
something else, perhaps a deeper principle?

- Jef


Excerpt:

Below I cover three separate systems, each of which has strong
similarity to Darwinian evolution, each of which seems to elicit a
"but it just can't work" response, and none of which conflict with any
religion I know of. They are:

   1. Wikipedia -- online encyclopedia that anyone can edit
   2. Prediction markets -- speculative market which predicts future
events, such as the outcome of elections
   3. Recommendation systems -- systems which categorize and recommend
content (such as movies, music and books) based purely on ratings
given by others