Comments on: Ignorance of Crowds http://www.businesspundit.com/ignorance-of-crowds/ Entrepreneurship, Startup Companies and Business Philosophy Mon, 23 Nov 2009 02:54:25 -0600 http://wordpress.org/?v=2.8.5 hourly 1 By: Irene http://www.businesspundit.com/ignorance-of-crowds/comment-page-1/#comment-2327 Irene Mon, 04 Jun 2007 03:13:57 +0000 http://www.businesspundit.com.php5-6.websitetestlink.com/?p=3186#comment-2327 A lot of coordination will indeed slow down production with peer production. There should be balance to within the group to prevent those effects. A lot of coordination will indeed slow down production with peer production. There should be balance to within the group to prevent those effects.

]]> By: John http://www.businesspundit.com/ignorance-of-crowds/comment-page-1/#comment-2326 John Fri, 01 Jun 2007 05:31:41 +0000 http://www.businesspundit.com.php5-6.websitetestlink.com/?p=3186#comment-2326 I agree that peer production works best with routine tasks, although I am not sure in the case of coordination. Since people are more willing to render their support, I think it's even faster for the group to achieve something I agree that peer production works best with routine tasks, although I am not sure in the case of coordination. Since people are more willing to render their support, I think it’s even faster for the group to achieve something

]]> By: The Harbour Pilot http://www.businesspundit.com/ignorance-of-crowds/comment-page-1/#comment-2325 The Harbour Pilot Wed, 30 May 2007 23:30:44 +0000 http://www.businesspundit.com.php5-6.websitetestlink.com/?p=3186#comment-2325 I've found one of the advantages of open-source software is that it doesn't large numbers of dedicated contributors. If you have 10,000 people who each come up with one possible improvement or contribution, all you need is a very small number of people to package it all together. And because the individual contribution is minimal (i.e. wikipedia), paying them or keeping them on salary is not as big a priority. I’ve found one of the advantages of open-source software is that it doesn’t large numbers of dedicated contributors. If you have 10,000 people who each come up with one possible improvement or contribution, all you need is a very small number of people to package it all together. And because the individual contribution is minimal (i.e. wikipedia), paying them or keeping them on salary is not as big a priority.

]]> By: Jefferson Otwell http://www.businesspundit.com/ignorance-of-crowds/comment-page-1/#comment-2324 Jefferson Otwell Wed, 30 May 2007 18:45:35 +0000 http://www.businesspundit.com.php5-6.websitetestlink.com/?p=3186#comment-2324 I am curious to see whether this author is correct and that peer generated content is just a currently popular paradigm. The comment about hammers & nails might apply to the situation. However, I am not sure that this is the case. Peer generated content might be around for as long as we have this Web 2.0 kind of communication. Wikipedia's greatest success is in breadth, not depth, of information. That comes from different people writing about what they know. I am curious to see whether this author is correct and that peer generated content is just a currently popular paradigm. The comment about hammers & nails might apply to the situation.

However, I am not sure that this is the case. Peer generated content might be around for as long as we have this Web 2.0 kind of communication. Wikipedia’s greatest success is in breadth, not depth, of information. That comes from different people writing about what they know.

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