Editing Collective Intelligence (section)

== <span style="color: #FFFFFF;">Applying</span> ==
'''Modeling 'The Prediction Market' (Aggregating 'Probability'):'''
<syntaxhighlight lang="python">
def update_market_probability(current_price, buy_order_volume, sell_order_volume):
    """
    Shows how 'Buying and Selling' creates 'Truth'.
    """
    # Buying increases the price (The 'Probability' of the event)
    net_demand = buy_order_volume - sell_order_volume
    new_price = current_price + (net_demand * 0.01)
    
    if new_price > 1.0: new_price = 1.0
    if new_price < 0.0: new_price = 0.0
    
    return f"MARKET PROBABILITY: {round(new_price * 100, 1)}%. (The Crowd has spoken)."

# Case: A market starting at 50% for an election result
print(update_market_probability(0.5, 1000, 200))
</syntaxhighlight>

; Collective Landmarks
: '''The 'Linus's Law' ''' → "Given enough eyeballs, all bugs are shallow": the "Philosophy" of **Open Source** security.
: ''' 'Foldit' ''' → (See Article 605). The "Proof" that "Game-based Crowdsourcing" can "Solve" "Protein Folding" faster than "Experts."
: '''Prediction Markets in 'Google/Intel' ''' → Companies using "Internal Betting" to "Forecast" "Product Launch Dates" more accurately than "Managers."
: '''The 'Arab Spring' ''' → (See Article 542). "Social Media" "Coordinating" "Collective Action" "Against" "Dictators," "Demonstrating" "Networked Power."
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