Well, I am guilty of proposing a solution soon, too. But it's interesting to see (ignoring the minor details), where we agree, and where our proposals differ. This is a quick comparision:
Common points:
Differences:
The summary of our differences seems to be that you want to generalize to N tiers, which all use the same algorithm; while I assume two groups using dramatically different rules. (Most of the other differences are just further consequences of this one.)
The reason for my side is that I assume that the "trusted group" will be relatively small and busy, for various reasons. (Being instrumentally rational correlates with "having a lot of high-priority work other than voting in LW debates". Some of the trusted users will also be coders who will be busy fixing and contributing to LW code. And they will have to solve other problems that appear.) I imagine something like about 20 people, of whom only about 5 will actually be active at any given week, and 3 of those will be solving some technical or other problem. In other words, a group too small to need have their mutual communication solved by an algorithm. (And in case of admin conflict, we have the dictator anyway.)
Hi Villiam, your idea sounds like an academic community around rationality. You can think of the discussions as like the events at a conference or workshop where half-baked ideas are thrown about. And you can think of the "final" tome of knowledge as the proceedings of the journal: when an idea has been workshopped enough, it is revised and then published in the journal as Currently Definitive Knowledge.
This framing suggests having a rotating board of editors and a formal peer review system as is common in academic journals.
On Wednesday I had lunch with Raph Levien, and came away with a picture of how a website that fostered the highest quality discussion might work.
Principles:
More specifics on what that vision might look like: