How A Group Of 20 People Predicted The Kentucky Derby
We have a lot of phrases for describing large groups of humans, and none of them are good. We fear the mob mentality and use words like 'herd' or 'sheep' to describe how dumb we can get in big groups. But what if there were a way to harness our collective intelligence and use it to amplify our best qualities instead of our worst?
That's what Louis Rosenberg did when he founded Unanimous AI, a company that looked at how swarms of bees make decisions, and developed a program to allow humans to make decisions and predictions in the same way. Instead of voting, decisions are made as a collective.
Okay, but what do you do with this, you ask? Using swarm intelligence, Unanimous AI was able to predict the Kentucky Derby, the Oscars and routinely beats Las Vegas oddsmakers when predicting sports like hockey and football.
Rightly amazed by this awesome new superpower, Jack O'Brien chats with Louis about how his technology works, how it was modeled off the behavior of honey bees, and the surprising things it found about human morality.
Throw on your headphones and click play above, go here to subscribe on iTunes, or download it here.
Footnotes:
Francis Galton's Original Study, 'Vox Populi'
The Wisdom of Crowds, by James Surowiecki