What happens in the Condorcet jury theorem, when p<0.5?
I think we are living it.
As it turns out, my little thought already occurred to Condorcet, and the hunch is trivially true. Thw wisdom of crowds and the madness of crowds are what happens for different values of p, the probability the the average person arrives at the correct answer on a binary choice. As the number of people participating gets larger, even slight differences from .5 rapidly converge to 100% correct or 0% correct in the aggregate.
Sigh. Thanks for the link, John. I had come across the concept in a book on data modeling, and typed it in on a Kindle just to get the thing posted.