If the intellectuals want to form their own country, and they have the wherewithal to set up, maintain, and defend it and its population, then they should by all means go ahead with it. No skin off my back when they realize that they need regular folks for grunt work.
Although it would be good for masterminds to start their own country with new rules and more freedom(homework ban), where will we find this land? Plus base-building games like Clash of Clans have helped people know the workings of a village, if not a city. Would be good to put it to actual use.
I feel that the person who said yes was being sarcastic. My answer to this is no, because the term 'intellectual' is somewhat subjective. I despise using Wikipedia as a source, but here's the definition: " An intellectual is a person who engages in critical study, thought, and reflection about the reality of society, proposes solutions for the normative problems of society, and by such discourse in the public sphere gains authority from public opinion." This almost seems to suggest politicians are intellectuals. Some powerful academics might be considered intellectuals, but this definition seems to show that apparently if you have no power in the public sphere you're not an intellectual.
If we put all the people who have power into one area, it might end up being a chaotic society that continually debates about issues without having the abilities to actually implement those ideas.