a think I haven't seen much discussed is the effect of the collapse of wages in journalism discouraging anyone even remotely competent from becoming a journalist
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like sure if you come from money you can do it, but the intersection of competent and old monied people is an incredibly rarefied group and hardly enough to staff an entire industry
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so anyone who is not independently wealthy and possessed of good sense is going to do something like computer science or statistics and I think you see this reflected in the quality of journalism, which as literature has fallen dramatically. not for only this reason, but.
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Replying to @eigenrobot
Someone on clubhouse today said journalists now are mostly “the failed children of elites who couldn’t make it to Google or Goldman”
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