Do most journalists, like @asymmetricinfo, truly fundamentally misunderstand their industry? Or is this gaslighting? http://bv.ms/2fk102c
.Q: if the MSM's business model is crafting narrative, why are the main outlets so homogeneous? Couldn't one make $ by differentiating spin?
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..A: Not really. There are network effects whereby media consumers benefit from being on the same page. Defection would shrink potential mkt
Thanks. Twitter will use this to make your timeline better. UndoUndo
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