Multiple choice general knowledge science & technology

Which of the following best describes the book title "The Wisdom of Crowds" in the context of Web 2.0?

  1. Collective knowledge from many is of greater value than that of a single expert.

  2. An expert opinion always outweighs that from a group.

  3. Experts can seek opinions from others to increase their wisdom.

  4. Diverse collections of independently-deciding individuals require an expert to resolve conflicts.
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A Correct answer
Explanation

The Wisdom of Crowds principle states that aggregated opinions from many independent individuals often produce better decisions than those of individual experts. This concept underpins Web 2.0's collaborative platforms like Wikipedia and prediction markets.

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