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Risto_Saarelma comments on Money: The Unit of Caring - Less Wrong
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No good ideas for Wikipedia, but I've been wondering a bit about this in general. If we could somehow get a largish group of people generally agreed to be experts actively using a large-scale online reputation system where they start out marked as such, we could write an algorithm that gives stuff and people get expert cred when they are upvoted by the established experts. Could the algorithm be designed to set up a perpetuating and non-decaying reputation cluster of actual experts, while not being swamped by populist crap despite some of it getting tons of non-expert votes?
" we could write an algorithm that gives stuff and people get expert cred when they are upvoted by the established experts"
Sounds like StackOverflow (http://stackoverflow.com)
It is a domain-specific community (everything about software development), in the form of questions and answers. Reputation is earned by upvotes from other community members. Naturally, the established experts emerge as high-reputation members, being those with a long history of giving good answers.
Stack Overflow and other forums dedicated to a specific topic don't have quite the same populism problem as general interest forums do.