"refers to the concept that "Truth" and "Fairness" and "Accuracy" are too big to be "owned" by a narrow group moribund, lazy, and corrupt old-media organizations or formerly-respected talking-head dinosaurs, but in fact are more likely to be found by the action of many individuals working separately and then sharing their research, opinions, and perspectives freely."-- The Spoons Experience
More on this topic here and here.
UPDATE: Robert Clayton Dean --
An awesome glimpse at the potential for distributed intelligence is occurring right now in the blogosphere .. UPDATE: .. Dave Sheridan points out that its not just distributed intelligence, it is actually a glimpse of the face of the true god of liberty, spontaneous order.Posted by Greg Ransom