wisdom of the crowd

The "wisdom of the crowd" refers to the idea that the collective opinion or judgment of a group of diverse, independent individuals can often be more accurate than that of a single expert. When many people contribute their insights or estimates, their combined knowledge tends to balance out biases and errors, leading to a more reliable overall result. This concept leverages the diversity of perspectives and independent thinking within a group, making it valuable in situations like predicting outcomes or solving problems where no single person has complete information.