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I think this is all too true. I think a lot of what's going on in the world right now is explainable through the death of ubiquitous, reliably-sourced information. Growing up in suburban Illinois, we had a local paper. It was nothing special but at least had a commitment (in theory) to report things accurately. In a world where most people get their news from social media, people are driven by their incentives/dopamine conditioning toward a lot of behaviors that promote neither truth, nor engagement with opposing views. What I find interesting, and absent from the conversation, is the social class dimension of this. The rich have always paid for reliable information, whether through newspaper subscriptions, magazines, or other high-quality private newsletters, some of them absurdly expensive (hundreds/thousands of dollars/year). As I get older, I find myself much, much more discerning about what I read. I've completely stopped using facebook (5-6 years ago), but now read The Economist, The SF Chronicle, Stratechery, and a handful of blogs from authors I trust. I don't know for sure, but I suspect "willingness to pay for good information" is a pretty strong correlate of wealth worldwide. I just have no idea whether it's causal, or a side effect of having disposable income, or what. |
I'm the complete opposite. I've gone from being a subscriber to the economist, nytimes, npr, etc and accepting them as gospel to seeing them for agenda pushing institutions.
> but I suspect "willingness to pay for good information" is a pretty strong correlate of wealth worldwide.
I think you are missing the point. The wealthy don't read the economist. The wealthy hire the people to write in the economist.
Ultimately, social media is ( or at least has been ) the "people's" propaganda. The economist/etc are the wealthy elite's propaganda. It looks like the elite want to take over social media and make it part of their message platform as well.