Sunstein at AEI-Brookings

by F.

Over at the AEI-Brookings Joint Center, there’s a wonderful webcast. It’s about one hour long. Worth watching at least once. Here’s the blurb from the website:

Decision-makers today have unprecedented access to information. Information is crucial to informed decision-making, but it is also possible to sift through copious volumes of unfiltered information to find evidence that appears to affirm prejudices. In his new book, Infotopia: How Many Minds Produce Knowledge, Professor Cass Sunstein presents an optimistic account of the human potential to aggregate information without resorting to prejudice and preconceptions. The Internet is often the means by which this information is shared: individuals amass and refine knowledge through self-correcting exchanges; open-source software enables its users to build on new technologies; and prediction markets improve decisionmaking by companies and policymakers. While hard evidence increasingly competes for attention with opinions presented as fact, we are beginning to find new ways of separating truth from prejudice and are gradually finding reliable ways to tap the sum of human knowledge. These advances hold the promise of more rigorous and better-informed decision-making in all segments of society.

Topics include prediction markets, Wikipedia, and blogs. Sunstein rules.