added by sari · updated 2y ago
The American Press Is Destroying Itself
- In traditional journalism, there are strong incentives to act maliciously. Journalists are incentivized to optimize for views and clicks. The answer is not to reform the industry. We can change media through radical decentralization. Everyone becomes a journalist. Each person writes about their local issues or areas of expertise
from #506: Balaji Srinivasan on The Future of Bitcoin and Ethereum, How to Become Noncancelable, the Path to Personal Freedom and Wealth in a New World, the Changing Landscape of Warfare, and More by Tim Ferriss
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Now we have reached a point, as shown earlier by Gallup, where Legacy Media has destroyed its own reputation by failing to adapt to the increasing levels of transparency that came with the Internet and through biased reporting.
from Trust as a Service (TaaS): A Vision for Twitter
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- So, given that this seems to be the emerging reality, we need to begin to prepare accordingly. What will journalism look like when its most influential practitioners prefer to go it alone? Who loses when publications are forced to vie with lone writers for eyeballs? What happens when the media unbundles so thoroughly that everyone competes with eve... See more
from The rise of the journalist-influencer by Mark Stenberg
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