Lumifer comments on Does the Internet lead to good ideas spreading quicker? - Less Wrong Discussion
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That's all fine, but you're forgetting about the existence of powerful entities (such as large governments) which can and do affect the information flows on the 'net for their own purposes. They would be very happy with things like a pervasive reputation system or refuting false information because they will control them and use them for their own ends.
It's all for your own good, citizen.