As intelligence increases, does happiness decrease?

The fact that you're aware of how little you know, but how much more you know relatively is what separates you. 

...and thats depressing.

Look up the Dunning-Kruger Effect. 

Essentially "dumb" people don't know that they don't know anything. Thats just really incredible when you think about it. 
Maybe it's just my perception, but I sympathize with Cypher for based on this premise.
 
 
I think the more overall intelligence you have the more flaws and other negatives you tend to see within a system, where as if your not intelligent you don't ask that 'next' question /you just accept whatever it is and fail to see the negative side of things.

That doesn't necessarily lead to unhappiness. I think like others have said this seems to be more of a correlation not a causation.

IMO, if your intelligent, you know what you want and therefore you have some idea of how to go about achieving that to obtain some level of happiness or satisfaction.

I consider myself to be fairly intelligent for my age but understand there is a lot more knowledge out there that I haven't touched yet.

There are some things that I am unhappy about in my life, I know how to go about correcting them, however its a matter of whether I decide to do so or not, the cost-benefit trade off per se. If I'm 80% happy then i might take my time getting the rest of the 20% because im satisfied for the most part with the 80%.

I think those that are intelligent know that they can do anything (granted its realistic) if they put forth the effort. Some things may be easier than others but that would depend on person. But then again it all depends on what you define as happiness, but that will differ greatly from person to person.
 
relative question

the answer is no.
Dunning-Kruger ladies and gentlemen. 
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The fact that you're aware of how little you know, but how much more you know relatively is what separates you. 

...and thats depressing.

Look up the Dunning-Kruger Effect. 

Essentially "dumb" people don't know that they don't know anything. Thats just really incredible when you think about it. 

SOmewhat true, although I think it's more of a 50/50 split regarding knowing and not knowing.

Knowledge of certain (unwanted) things can cause depression. This knowledge can be seeing the flaws in the political system, economic, morality or life itself, which is probably the most complex of all. Understanding certain relations, will inevitably cause depression, because many things will lead to things that must be acknowledged, but can not necessarily be changed.

Parallel to that, indeed the Dunning-Kruger Effect is very interesting and very true. KNowing how little you know is very hard to admit and will shrink anyones self-esteem. However it does open new limitations, which can be quite cool and many have managed to flip that around and turn it to their advantage, actually I think it's what motivates most geniuses, otherwise they'd probably lay back and bask in the fame they have earned. But knowing that you won't always know everything and constantly acknowledging what you do not know, will ruin self-esteem, morale and cause a depressed state of mind, but it will also push you to expand your knowledge and create and discover unknown things.
 
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