The Wisdom of the Crowd

I have always been suspicious of what has become almost conventional wisdom that there is something called the “wisdom of the crowd.” It is generally interpreted to mean that the collective somehow knows what is not knowable by any individual. That notion is one of the motivating factors that recommends democracy to some. I disagree: I think the crowd collectively does not “know” since the act of knowing applies to individuals and not to abstract collectives. (Actually, it is superfluous to write “abstract collectives” since there are no other kinds of collectives; all collectives are abstractions.) Each individual knows something but those particularized “knowings” cannot be meaningfully aggregated to something that can be called the “knowledge of the crowds” or some such.
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