^^^^ Yes, Crichton's talk on CSPAN about Media as Dinosaurs is phenomenal link: https://www.c-span.org/video/?39409-1/quality-american-mass-media …
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I don’t recall the name he had for it, but Michael Crichton wrote about this in the foreword to State of Fear, about how we can get upset by a article that has everything wrong on a subject we know, then turn the newspaper page and trust everything we read.
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He called it the Murray Gell-Mann Amnesia Effect, coining the term that
@paulg uses here
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Financial journalists are more likely to assess the business in terms of a business whereas non-financial journalists lack the ability to assess business worth and default back to wider (ultimately impossible to resolve) social issues.
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Unfortunate reality of dying journalism is fewer specialists who understand their beat at great depth. Although I would also say there is an insider cognitive bias at play here as well that makes you think there is only one way to see your industry "accurately."
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When I was 11, I went on a nighttime field trip to a conservation area. A reporter from the Spokesman-Review tagged along. The story the next day had several misquotes, making everything a bit more precious than it had really been. Bit disillusioned with journalists after that.
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