| The real problem is presuming the profit model for news is a good idea. It's going to always tend towards quick-turn around, low-effort sensationalism because that's the most profitable configuration. Speculation, accusation, defamation, and conspiracies will always get more eyeballs then careful balanced well researched reporting. Lying about something now is cheaper and more profitable than sending a reporter out and getting the facts tomorrow. Especially after the rise of the modern citizen journalist where the costs of video hardware, production, and distribution are near zero. Naturally people doing near zero-cost content production quickly flooded the market and Bullshit will always be the cheapest content to produce. There has to be a model where such manipulative lying doesn't pay off. We have to somehow separate how we've structured news from how we've structured entertainment. |
So newspapers were entertainment (and status signals) to a much higher degree than journalists wants to admit.
Being informed was only a small part of the job that reading a newspaper did.
This is why Facebook could take over such a large amount of ad spending while it is still correct that only a very small part of time on Facebook is reading "real news".
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