Maybe it's just meant to be "Digg-bait" (as Nick Denton at Valleywag likes to call it), but Jason Clarke of Download Squad has a long post up about Digg and how it is here - the argument is that the wisdom of crowds doesn't exist.
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The problem with the whole concept of taking advantage of the "wisdom of crowds" is that crowds have no wisdom. Microsoft Windows is an example of an operating system written using the wisdom of crowds and don't get me started on the majority of large open-source efforts.
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Social media sites are an unproven phenomenon I predict that in the near future sites will start to attempt to block digg as a referrer, since getting a link from digg will simply cost them money. And over time I believe users will tire of the constant negativity that characterizes digg unless digg can find a way to clean up their collective act. Does Digg have flaws? Sure it does. And so do plenty of other social media sites. But I think Jason (for whatever reason) is being way too negative. What do you think?
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