Blogs/Sunstein: the fact that discussions about laws or politics, for example, take place within blogs in a day or an hour raises the question of whether academic journals do not become obsolete. Richard Posner: Thesis: Blogs are a fresh and striking example for Friedrich Hayek's thesis that knowledge is widely distributed and that it is a challenge for society,...
... to create mechanisms for bringing this knowledge together. (1) SunsteinVsPosner: he misses the crucial point. The problems associated with communication, group discussion and group pressure can also be found in blogs (See Communication/Sunstein, Democracy/Sunstein, Information/Sunstein).
Blogosphere/Sunstein: it does not work like markets and does not produce prices. It also does not work like open source software and does not produce wikis. Instead, it presents an astonishingly broad spectrum of assertions, opinions, insights, lies, facts, sense and nonsense. Participants usually have no economic incentive, are not involved in any trade and have little to lose or win. They do not lose anything by spreading falsehoods. Perhaps with the grossest falsehoods, they even get the most attention. You will not find a superblog anywhere, neither in general nor in a special field that would correspond to Wikipedia or Open Source software. In other words, a blog is missing that corrects errors (from other blogs) and collects truths.
Solution/Sunstein: Bloggers might offer links to blogs with views other than their own. They could thus make "deals" to reciprocal links. ---
Blogs have no filters. The only correctives come from the discipline of the ideas market. Bloggers usually link to other related blogs, otherwise links to dissenting opinions are just for amusement. ---
Sources are usually only cited from one page at a time.
Cass R. Sunstein
Infotopia: How Many Minds Produce Knowledge Oxford 2008
Cass R. Sunstein
#Republic: Divided Democracy in the Age of Social Media Princeton 2017