76: Crowdsourcing and the wisdom of crowds

December 16, 2012

What do Linux, Netflix, and the Oxford English Dictionary have in common? They’ve all benefited from the power of crowdsourcing, in which a task is outsourced to a group of hundreds or thousands of disparate people. In this episode of Rationally Speaking, Julia and Massimo discuss the phenomena of crowdsourcing, and ask: What makes it work? Is it ever unethical? And what are the limits to the wisdom of crowds?