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by clairity 2072 days ago
having watched the media landscape over the past two decades, the market for real journalism is apparently small and shrinking. there's not enough such money available to support it at its desired size.

"real news" loses to social media because it can't compete on the novelty dopamine feedback loop (otherwise known as popularity): being the first to bring up new info or make a novel comment about it, getting a dopamine hit (esteem), then going back to the trough for more. old journalism is comparatively too slow and sparse at this.

so traditional news, seeing the writing on the wall, decided to join the fray instead of being crowded out. this won't change until good journalism can compete for (enough) attention without being subsumed by the social novelty feedback loop.

it's not so much about value or even actualizing journalists' activist stances (as others seem to be arguing), but the competitive dynamics of the market they're in.