What is crowd forecasting?
Crowd forecasting is a form of collective intelligence, also known as the ‘wisdom of crowds’ – it’s the group intelligence that emerges from the collaboration and competition of many individuals. Over 150 years of research and 962 academic publications; has shown that a group of people can solve problems efficiently and offer greater insight and a better answer than any one individual (even the smartest) could provide. Ie. Many heads are better than one.