The premise of wikiality is that reality is what the wiki says it is.

Colbert defined wikiality as "truth by consensus" (rather than fact), modeled after the approval-by-consensus format of Wikipedia.

Wikiality-A Wikipedia parody based on Colbert's idea of Wikiality.

Television personality Stephen Colbert lampooned this drawback of Wikipedia, calling it wikiality.

Second, he demonstrated vividly the meaning of "wikiality", a word Colbert invented to describe our new capacity to "create a reality we can all agree on - the reality we just agreed on".

In a July 2006 episode of the satirical comedy The Colbert Report, Stephen Colbert announced the neologism "wikiality," a portmanteau of the words Wiki and reality, for his segment "The Wørd".

Colbert's first reference to Wikipedia was on the July 31, 2006, broadcast, when "The Word" was Wikiality, defined as the concept that "together we can create a reality that we all agree on-the reality we just agreed on."

Comedian Stephen Colbert has parodied or referenced Wikipedia on numerous episodes of his show The Colbert Report and coined the related term wikiality, meaning "together we can create a reality that we all agree on-the reality we just agreed on".

Global Language Monitor, which tracks trends in languages, named truthiness the top television buzzword of 2006, and another term Colbert coined with reference to truthiness, wikiality, as another of the top ten television buzzwords of 2006, the first time two words from the same show have made the list.