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by b00ty4breakfast
23 days ago
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Of course they are, because they are not primarily concerned with the reporting of noteworthy events. They are most worried about profit with the secondary goal of reporting but only insofar as it serves the first goal. This is a wider trend across many industries. Obviously, a business needs to have an income but it's becoming more common for businesses to function first and foremast as revenue generators and the thing that enables that is only seen as a means to an end. When the quality of the product/service and it's function as a revenue generator diverge, the product/service will always take 2nd chair. Maybe we could argue that the primary product is the revenue, especially when there are investors involved who are looking for big returns. |
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There is no media theory of information of what happens when info explodes beyond capacity of the system to consume it. (UN report on Attention Economy says less than 1% is actually consumed by humans)
So media orgs, instead of coming up with one, they just keep mindlessly doing what they know how to do - generate more info. Platforms and corps subsidize this activity for their own interests.
So media orgs have no signal/warped signals of how useless what they are doing is.