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by Mathnerd314
737 days ago
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I disagree with most of the examples. When newspapers are struggling, for example - it is just that, a struggle. It is not "socio-technical debt". Newspapers in 1830 sold maybe 148 million copies annually, 0.4 million per day. Comparing that to the Census number of 12,860,702, we see that only 3% of people read the newspaper. In contrast daily newspaper readership today (print+digital) is 20.9 million, compared to 333.3 million population, 6.3% of people. Whatever social function newspapers serve, it is clear that they are still serving it. Actually, technical debt is when you don't replace old, crunky stuff - arguably, if traditional news stories make up only 3 percent of social media content, then the social media companies should be figuring out how to refactor their platforms so as to be able to completely replace these old, legacy businesses. |
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And by 1850 the number of newspapers (still mostly weeklies) nearly tripled with an annual circulation of 500 million.