The Wisdom of the Crowds, Political Junkie Edition
01:39 PM Feb 04, 2008
Our friends at Politics and Technology ran a "punditology challenge" asking readers to pick the winners of all the January presidential primaries, Republican and Democratic alike.
The winners are here, (gosh, an A-list political blogger wins ... but it wasn't all favorites this weekend).
So, here's the bullet point for that wisdom-of-the-crowds slide you need to update with fresh data:
Our collective picks scored 117 points - and were better than 96.2% of the individual punditologists.
Out of 563 entrants, "collective picks" would have tied for 20th. We saw much the same thing (in a smaller sample) for last year's Oscar pool. (Dear readers, should we reprise this?)
Back to the punditology for a topical footnote: the reader is left to his or her own conclusions from the following:
Every single subgroup (bloggers, professors, journalists, activists, electeds, etc.) did worse [than the consensus] -- except one: As a group, political consultants scored 123 points - and were better than 98.9% of us (and, by the way, better than all but two individual political consultants.)
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— 12:08 PM Jul 21, 2021
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