I can't tell if you're being serious or not, especially with, " Even if it would turn out that people are too stupid in aggregate and would technically benefit from a despot or anything less that direct and absolute democracy."
At what point does "technically benefit" not equal better? I know this isn't exactly a single-factor situation, but since we're only talking about a single situation, when you say something is beneficial (or perhaps, *more* beneficial), that pretty much by definition means it's better.
And in my opinion, a 24-hour Athenian democracy like you seem to be advocating is great in the same world where communism is great or libertarianism is great : a utopia where every human is perfectly-informed and respectful of every other human. Maybe we'll get there one day, but we don't live in that world today.