The problem with the effects of studying conspiracy theories, is you begin to distrust men. And that is bad for society.

Similarly, we started being scared of pedos. And instead of learning to find this minor % of people, and outing them... no, now it is almost a crime for a father to take his daughter to the playground.

Men are shunned in all areas that deal with children. Almost as if men are bad.
However, women rape and beat children far more often than men do.

So, the poor conspiracy theorist is left with a mental schism.
All the people in govern-cement are bad
The people in govern-cement are here to protect us.

Instead of ferreting out the evil people in power, we are left with a distrust of all things govern-cement.

Without trust, society collapses.