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RobinHanson comments on Rational Me or We? - Less Wrong
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We should learn how to identify trustworthy experts. Is there some general way, or do you have to rely on specific rules for each category of knowledge?
Two examples of rules are never trust someone's advice about which specific stocks you should buy unless the advisor has material non-public information, and be extremely skeptical of statistical evidence presented in Women Studies' journals. Although both rules are probably true you obviously couldn't trust financial advisers or Women Studies' professors to give them to you.
Prediction markets can forecast the accuracy or fame of purported experts. But preferably you'd accept the market estimate on your question and so not need to know who is an expert.
This is ofcourse exactly the point. People will be people. The solution is to depersonalize, not pick some fine guy and put faith in him. Trying to find out which experts to trust feels to me like asking which tyrants can be best trusted. Experts are valuable (unlike tyrants), but is better be placed in a market, rather than in individual people.