A Quote by Jason Calacanis
The wisdom of the crowds has peaked. Web 3.0 is taking what we've built in Web 2.0 - the wisdom of the crowds - and putting an editorial layer on it of truly talented, compensated people to make the product more trusted and refined.
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The 'wisdom of the crowds' is the most ridiculous statement I've heard in my life. Crowds are dumb.
What's the number-one thing people do on the Web? They read. Words and numbers are the raw material from which the vast majority of webpages are built. If reading is the primary activity on the Web, then readability is a primary function of Web design.
This intelligence, or what I'll call "the wisdom of crowds," is at work in the world in many different guises. It's the reason the Internet search engine Google can scan a billion Web pages and find the one page that has the exact piece of information you were looking for. It's the reason it's so hard to make money betting on NFL games, and it helps explain why, for the past fifteen years, a few hundred amateur traders in the middle of Iowa have done a better job of predicting election results than Gallup polls have.
Crowds of bees are giddy with clover
Crowds of grasshoppers skip at our feet,
Crowds of larks at their matins hang over,
Thanking the Lord for a life so sweet.
There are no crowds in the shores of wisdom!
The problem is that groups are only smart when the people in them are as independent as possible. This is the paradox of the wisdom of crowds.
Tony Campolo and I both speak a lot, and we began to notice that there were some crowds of old folks that desperately needed some youthful energy, and there were other crowds of young folks that desperately needed some aged wisdom.
Every time I stepped into madness of the crowds, I longed for the wisdom of the loneliness.
What Google did in Web 1.0 was take a feature, which was search, and built an entire business around that utility. In Web 2.0, Twitter took a feature, which is sharing, and built a utility that allowed people to do that on a massive scale.
It takes people to move crowds in the right direction, crowds by themselves just stand around and mutter.
When Europeans arrived on this continent, they blew it with the Native Americans. They plowed over them, taking as much as they could of their land and valuables, and respecting almost nothing about the native cultures. They lost the wisdom of the indigenous peoples-wisdom about the land and connectedness to the great web of life...We have another chance with all these refugees. People come here penniless but not cultureless. They bring us gifts. We can synthesize the best of our traditions with the best of theirs. We can teach and learn from each other to produce a better America.
When I look at the web, it's clear that the web is a fantastic instrument for all of us. It's clear that we have the dark web and the deep web and all the problems of cybersecurity, etc. And the question of regulation is a very complex question in relation to this.
We use the web to help people organize in the flesh, and then we take the images of those events and put them back on the web to make them add up to more than the sum of their parts.
The main languages out of which web applications are built - whether it's Perl or Python or PHP or any of the other languages - those are all open source languages. So the infrastructure of the web is open source... the web as we know it is completely dependent on open source.
There is another kind of wisdom, the wisdom of following - the wisdom of not taking the lead with your ego.
I remember when I first started putting things on the web and people were writing about it. I totally didn't keep up with what was going on because I wanted to present stuff in museums and galleries and have some presence on the web. I feel fortunate to have posted stuff in the beginning.
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