True to some extent, but not entirely ("a great story" in news is something that mirrors Hollywood fiction as much as possible). Many reporters, including in highly ideologically biased outlets, are doing a great job. @Reuters @AFP @AP @business @TheEconomist hardcore journoshttps://twitter.com/Plinz/status/1075872881337401345 …
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Replying to @punkstrategy @Reuters and
All the large publications tend to have excellent contributors and articles, but these often strain against the wrong incentive function. I don't think it is anyone's fault. Great journalism does not have much of a business case.
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Unfortunately it doesn't, which is why everybody should financially support factual journalism. A lot of our societal decline can be traced back to the fact that reality is a terrible story (thus a bad biz model) compared to click bait & conspiracy theories
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Unfortunately, "everybody" is poorly incentivized to do that, too (no causal arrow between individual consumers!). There is very little agency in the world. It seems more promising to get institutions and philanthropists to fund media, or we come up with something entirely new.
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