Intelligence as a public good offers huge gains
THE STANDARD OPINION XN Iraki, an associate professor at the University of Nairobi Intelligence is one of the scarce resources - in the private and public sectors. It is also scarce, going by the percentage of the population who are genius or near-genius based on Intelligence Quotient (IQ). Paradoxically, information becomes intelligence because of its scarcity. Simply put, intelligence is valuable information available to only a selected few. The value emanates from its use in making critical decisions. When information becomes known to everyone, it ceases to be intelligent. Companies and s...