Paul Graham pens another brilliant essay on
Is it worth being wise?
It's mostly about the difference between being wise (right most of the time) versus being smart (being right where few others are).
If you're picking between options, being wise is useful. There is a best option, and you'll pick it most of the time.
If you're doing something creative, there's no finite set of options. Then it's worth being smart.
Increasingly, tasks are asking for more creativity, so it may be better to be smart.