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by mrrrgn 2504 days ago
A lot of partially informed individuals en masse may act more "informed" on the whole than what you're giving them credit for. It's also a less brittle organizational structure than having a few authorities who are supposedly totally or mostly well informed. If any of the authorities aren't actually as well informed as you'd thought, it has a large impact. It would take a very substantial number of peers in a peer to peer system to create the same sort of miscalibration.
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And yet, look at how well the average Trump voter is informed about Trump.

This might work if you leave the system undisturbed, but there are other forces involved in this process your model doesn't account for.

It's the equivalent of buying out EC2 instances for an hour or so and "recalibrating" your P2P mesh. And it wouldn't fix itself.