{"id":25972,"date":"2026-03-26T19:55:29","date_gmt":"2026-03-26T19:55:29","guid":{"rendered":"https:\/\/www.rbc.com\/en\/?post_type=rbc_tl&#038;p=25972\/"},"modified":"2026-03-27T12:54:24","modified_gmt":"2026-03-27T12:54:24","slug":"trust-but-verify-the-battle-to-fix-the-crisis-of-credibility","status":"publish","type":"rbc_tl","link":"https:\/\/www.rbc.com\/en\/thought-leadership\/innovation\/trust-but-verify-the-battle-to-fix-the-crisis-of-credibility\/","title":{"rendered":"Trust but verify: The battle to fix the crisis of credibility"},"content":{"rendered":"\n<p><em>This article is a companion to the Disruptors <a href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/disruptors\/trust-at-scale-lessons-from-wikipedia\/\" data-dig-id=\"LP-25972-d574f87f\" data-dig-label=\"episode\" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">episode<\/a> on how Wikipedia platform built credibility through community, transparency and a shared commitment to neutrality &#8211; <strong>Trust at Scale: Lessons from Wikipedia<\/strong><\/em><\/p>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<p>Something has shifted in how people relate to institutions. Across the OECD, more people now distrust their national government than trust it. In Canada, only 48% express confidence in the federal government, down from the high 50s before the pandemic.<sup><a href=\"#legal-1\" data-dig-id=\"LP-25972-492408ed\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"1\" class=\"rbc-link-format\">1<\/a><\/sup> An Ipsos survey captured the trajectory: trust in government to do what is right fell from 58% in 2019 to 43% by 2022.<sup><a href=\"#legal-2\" data-dig-id=\"LP-25972-2a20e752\" data-dig-label=\"2\" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">2<\/a><\/sup> Meanwhile, the 2025 CanTrust Index found that politicians are trusted by just 17% of Canadians, the lowest in a decade of tracking, and 6 in 10 say political parties are divisive forces.<sup><a href=\"#legal-3\" data-dig-id=\"LP-25972-e57af057\" data-dig-label=\"3\" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">3<\/a><\/sup><\/p>\n\n\n\n<p>Social media and AI-generated content have accelerated the decline, with nearly half of Canadians now believing that AI will make information sources less trustworthy. Algorithms reward outrage over accuracy, flooding public discourse with polarizing content and AI-generated noise. As Jimmy Wales, the co-founder of Wikipedia, observed on a recent RBC <em>Disruptors<\/em> podcast, platforms incentivize bad behaviour through engagement: \u201cyou act like a jerk and you get engagement.\u201d<sup><a href=\"#legal-4\" data-dig-id=\"LP-25972-edf37dce\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"4\" class=\"rbc-link-format\">4<\/a><\/sup><\/p>\n\n\n\n<p>Wales\u2019 latest book <em>Seven Rules of Trust\u2014A Blueprint for Building Things That Last, <\/em>focuses on the global crisis of credibility and knowledge<em>. <\/em>Both are in short supply: The 2026 Edelman Trust Barometer found 73% of Canadians unwilling to trust someone with different values or information sources.<sup><a href=\"#legal-5\" data-dig-id=\"LP-25972-7b085242\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"5\" class=\"rbc-link-format\">5<\/a><\/sup><\/p>\n\n\n\n<p>The consequences of mistrust are far-reaching and having real impact: In Slovakia\u2019s 2023 election, a deepfake audio clip impersonating a political party leader went viral during a legally mandated campaign silence period, leaving journalists no window to respond.<sup><a href=\"#legal-6\" data-dig-id=\"LP-25972-4690d268\" data-dig-label=\"6\" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">6<\/a><\/sup> In the United States, an AI-generated robocall mimicking President Joe Biden urged New Hampshire voters to stay home during the 2024 primary.<sup><a href=\"#legal-7\" data-dig-id=\"LP-25972-8b889b25\" data-dig-label=\"7\" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">7<\/a><\/sup> Similar incidents surfaced in Bangladesh, Turkey, and India. The German Marshall Fund tracked 133 deepfake incidents tied to elections across dozens of countries.<sup><a href=\"#legal-8\" data-dig-id=\"LP-25972-a1cfc02a\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"8\" class=\"rbc-link-format\">8<\/a><\/sup><\/p>\n\n\n\n<div style=\"width:100%;height:200px\" class=\"wp-block-rbc-rbc-iframe\"><iframe loading=\"lazy\" src=\"https:\/\/player.simplecast.com\/35e8e747-50d2-4235-b6d0-3fec8d82b499?dark=false\" width=\"100%\" height=\"100%\" style=\"border:none\" title=\"Iframe Embed\"><\/iframe><\/div>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<h2 class=\"wp-block-heading has-rbc-bright-blue-color has-text-color has-link-color wp-elements-7dc49bfa0a5fd0ca63e837cea3b43553\" id=\"h-wikipedia-an-architectural-proof-of-concept\">Wikipedia: An architectural proof of concept<\/h2>\n\n\n\n<p>Wikipedia makes for an instructive model. The free online encyclopedia covers more than seven million English-language articles, roughly 283,000 active editors, and billions of page views annually\u2014all on a non-profit budget. It\u2019s the go-to site for many to source everything from a storied company\u2019s corporate history to oddities and obscure records.<\/p>\n\n\n\n<p>For all its variety, it\u2019s far from perfect: critics flag ideological biases, gender gaps among editors, and vulnerability to paid manipulation. But as Wales noted on the podcast, Wikipedia has gone \u201cfrom being kind of a joke to one of the few things people trust.\u201d<\/p>\n\n\n\n<p>The reason is structural. Wikipedia\u2019s model is \u201caccountability, not gatekeeping,\u201d Wales told RBC\u2019s <em>Disruptors <\/em>podcast.<sup><a href=\"#legal-9\" data-dig-id=\"LP-25972-1b00a735\" data-dig-label=\"9\" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">9<\/a><\/sup> \u201cEverything you edit, everybody can see what you\u2019ve done.\u201d Every source is checkable, disputes happen on public talk pages, and corrections happen in real time.<\/p>\n\n\n\n<p>Wales\u2019s thinking was shaped early by Nobel-prizewinning philosopher Friedrich Hayek\u2019s argument about decentralized knowledge\u2014the idea that decision-making works best at the endpoints, not through a central hierarchy. Wales pointed to X\u2019s Community Notes as a promising application of the same principle: empowering users rather than relying on top-down moderation.<\/p>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<h2 class=\"wp-block-heading has-rbc-bright-blue-color has-text-color has-link-color wp-elements-3eacbef081366f907fc12d8cd418193b\" id=\"h-where-this-leaves-canada\">Where this leaves Canada<\/h2>\n\n\n\n<p>Research going back to Knack and Keefer\u2019s 1997 study confirms that trust is a measurable input to growth.<sup><a href=\"#legal-10\" data-dig-id=\"LP-25972-2101b697\" data-dig-label=\"10\" data-dig-action=\"link click\" data-dig-category=\"LP\" class=\"rbc-link-format\">10<\/a><\/sup> A Deloitte analysis by chief global economist Ira Kalish makes the mechanism concrete: a rise in trust increases the quantity of business fixed investment, and it raises productivity through higher-quality investments, human capital accumulation, and greater internationalization.<sup><a href=\"#legal-11\" data-dig-id=\"LP-25972-53babd39\" data-dig-category=\"LP\" data-dig-action=\"link click\" data-dig-label=\"11\" class=\"rbc-link-format\">11<\/a><\/sup><\/p>\n\n\n\n<p>The consultancy\u2019s modelling suggests a ten-percentage-point increase in the share of trusting people within a country raises annual per capita GDP growth by about half a percentage point: a substantial gain when global growth averaged 2.2 percent between 2015 and 2019.<\/p>\n\n\n\n<p>There is no single fix to restore trust in corporate and public sector governance. But as the <em>Disruptors\u2019<\/em> conversation with Wales highlighted, trust is not a moral decoration. The work of rebuilding it will be slow, uneven, and ongoing. But the cost of not starting is already measurable.<\/p>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel mar-t mob-mar-t mar-b mob-mar-b has-rbc-bright-blue-tint-1-background-color has-background\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner pad-t mob-pad-t mob-pad-b pad-b\" style=\"border-radius:0x\">\n<p class=\"mob-mar-b-0 mar-b-0 has-white-color has-text-color has-link-color wp-elements-576627d1c67e9db3a24d1c1e8ccc96f5\"><em><strong>Sabreena Shukul<\/strong> is a Research Assistant at RBC Thought Leadership<\/em><\/p>\n<\/div>\n<\/section>\n\n\n\n<section class=\"wp-block-rbc-section-block  pos-rel\" style=\"border-radius:0px\">\n<div class=\"wp-block-rbc-section-inner-block  section-inner\" style=\"border-radius:0x\">\n<section class=\"wp-block-rbc-rbc-legal-collapsible disclaimer\" aria-label=\"Legal Disclaimers\"><div class=\"section-inner\"><p><button class=\"collapse-toggle collapsed\" 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href=\"https:\/\/www.rbc.com\/en\/thought-leadership\/disruptors\/trust-at-scale-lessons-from-wikipedia\/\">Trust at Scale: Lessons from Wikipedia<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Trust at Scale: Lessons from Wikipedia&#8221; &#8212; RBC\" src=\"https:\/\/www.rbc.com\/en\/thought-leadership\/disruptors\/trust-at-scale-lessons-from-wikipedia\/embed\/#?secret=jLKHwRgpOz#?secret=wSjHaFyXQM\" data-secret=\"wSjHaFyXQM\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n<\/details>\n<\/div><\/div><\/div>\n\n\n\n<div class=\"wp-block-rbc-rbc-disclaimer-block\"><div class=\"table-row\" id=\"legal-10\"><div class=\"table-cell\"><span class=\"offscreen\">Legal Disclaimer<\/span><sup>10<\/sup><\/div><div class=\"table-cell\">\n<p><a 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Both are in short supply.<\/p>\n","protected":false},"author":89,"featured_media":25996,"parent":0,"menu_order":0,"template":"","meta":{"_acf_changed":false,"disable_focal_point":true,"featured_image_focal_point":{"x":0.5,"y":0.5},"advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","footnotes":""},"rbc_tl_category":[100],"rbc_tl_tag":[],"class_list":["post-25972","rbc_tl","type-rbc_tl","status-publish","has-post-thumbnail","hentry","rbc_tl_category-innovation"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Trust but verify: The battle to fix the crisis of credibility - RBC<\/title>\n<meta name=\"description\" content=\"Wikipedia&#039;s co-founder Jimmy Wales&#039; latest book, Seven Rules of Trust\u2014A Blueprint for Building Things That Last, focuses on the global crisis of credibility and knowledge. 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