The important point is the mechanism, not the example: when a large group of people are mostly more likely than not to get it right, statistical aggregation outperforms picking the single expert you trust most, which is why statistical collections of experts typically outperform individual experts in forecasting business and economic outcomes.
normativepending
Speaker
Cass SunsteinEvidence Quote
“if you have some confidence in the people there you really want their independent judgments and ask them and figure out what the majority says that's often much better than going for the person you like best”
Created: 6/15/2026, 9:20:35 AM
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