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Hypothesis: The connection between monopoly and trustworthiness in the press works both ways. They're losing their monopoly in part because they're less trustworthy, but because they're no longer people's only source of news, they feel less obligation to be neutral.
I'm not suggesting individual journalists' attitudes have changed so much as that there has been a generational shift: new reporters are coming into a business significantly different from the one Jim Lehrer was in.
It starts in journalism schools. I took a few classes just to see how they train and it’s not at all about objective investigation.
It’s possible the attitudes have shifted because of the change in consumption In todays world, you don’t go to find news, it finds you. The idea that the press could be a monopoly hinges on the idea that someone *can* monopolize the press which was much easier in Lehrers’ time
It’s also a human dynamic—the business is smaller and more cliquey, getting in is based more on who you know, and thus political homogenization sort of takes care of itself
business moats have declined or disappeared. journalism has increased but it is no longer as lucrative a profession or business.
This is not a recent change though. As recently as the mid 90s if you went to a J-school graduation the commencement speeches were already filled with aspirations of "changing the world."
Ad-driven businesses lead to Money over Morals! It affects our entire Society :(
in sports journalism the competition for attention is unbelievable. not just newspapers you can get stats and stories from many sources . in addition leagues and teams in house media arms dominate and frame many narratives.
In 2015 they were not the opposition. They saw their revenue increase when covering Trump and helped create his political career
I think it's an economic incentives problem, not a monopoly problem. The ad and click based paradigm really messes with the incentives to do good journalism. The feedback loop created by this paradigm plays on our confirmation bias, "I click on things that tell me I'm right."
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