2018 11th International Conference on Developments in eSystems Engineering (DeSE) 2018
DOI: 10.1109/dese.2018.00014
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Artificial Swarm Intelligence vs Vegas Betting Markets

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Cited by 12 publications
(3 citation statements)
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“…Still, researchers have demonstrated that aggregating the input of humans via ASI is capable of producing more accurate forecasts than largescale prediction markets. 79 In sum, ASI includes some of the positive qualities of pooling intelligence found in surveys, groups, crowds, and prediction markets and minimizes some of the limiting aspects. In particular, three qualities of ASI-swarm size, its method of pooling intelligence, and its use of confidence scores-enable swarms to make better predictions about known unknowns than other methods.…”
Section: Comparing Asi With Other Methods Of Pooling Intelligencementioning
confidence: 99%
“…Still, researchers have demonstrated that aggregating the input of humans via ASI is capable of producing more accurate forecasts than largescale prediction markets. 79 In sum, ASI includes some of the positive qualities of pooling intelligence found in surveys, groups, crowds, and prediction markets and minimizes some of the limiting aspects. In particular, three qualities of ASI-swarm size, its method of pooling intelligence, and its use of confidence scores-enable swarms to make better predictions about known unknowns than other methods.…”
Section: Comparing Asi With Other Methods Of Pooling Intelligencementioning
confidence: 99%
“…Within the human realm, Rosenberg (2015) defines such groupings as a "unified dynamic system" with "collective behavior tightly coordinated by real-time feedback loops." This not only implies teamwork, collective deliberation, and goal orientation (Blee, 2013;Rosenberg & Willcox, 2018) but also flexibility, robustness, and self-organization (Bonabeau & Meyer, 2000). Acting as a massive computational system where its constituent components function in parallel, a collective intelligence is capable of surviving when faced with disturbances due to its high redundancy (Beni, 2004).…”
Section: Collective Consciousness and Soft Singularitiesmentioning
confidence: 99%
“…Advances in networking technology and artificial intelligence have led to the development of Artificial Swarm Intelligence (ASI) systems that provides a way for groups of humans to quickly reach a consensus in a way that overcomes these limitations. ASI has been found to significantly amplify decision-making accuracy in human groups across a wide range of tasks [34,35,27], from forecasting [32,33] to subjective judgments [2,39] and prioritizations [36]. Indeed, groups can achieve consensus in less than 60 seconds, while also limiting social influence from group members through anonymous deliberation in a way that captures group dynamics.…”
Section: Introductionmentioning
confidence: 99%