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SUMMARY:Harvesting the Wisdom of Crowds - Yoram Bachrach\, Microsoft Resea
 rch
DTSTART:20120628T131500Z
DTEND:20120628T135000Z
UID:TALK38809@talks.cam.ac.uk
CONTACT:Microsoft Research Cambridge Talks Admins
DESCRIPTION:Conventional wisdom has it that a crowd is smarter than a sing
 le individual\, and that many opinions are better than one. \nSeveral succ
 essful businesses have been formed based on this crowdsourcing theme\, suc
 h as Wikipedia\, InTrade and Amazon’s Mechanical Turk.\n\nThe notion of 
 crowd intelligence is very appealing\,  but raises many questions: \nCan t
 he thoughts of single individuals really be aggregated into one giant mind
 ?  \nCan a crowd outperform its strongest member? \nWhat really makes a cr
 owd tick\, and what determines how well a crowd can succeed in a task? \nH
 ow can we incentivize crowd members to work hard\, and determine the indiv
 idual contribution of a member towards the performance of the entire crowd
 ?\n\nWe will examine several experiments designed to shed some light on th
 e above questions\, both in a controlled lab setting and in real-world cro
 wdsourcing platforms.
LOCATION:Large lecture theatre\, Microsoft Research Ltd\, 7 J J Thomson Av
 enue (Off Madingley Road)\, Cambridge
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