3 ms·
In an ideal world poor quality publications regardless of audience size would end up being penalized for poor quality reporting. Sadly, the world is not ideal a
by mtanski 9y ago
In an ideal world poor quality publications regardless of audience size would end up being penalized for poor quality reporting. Sadly, the world is not ideal and markets at best an approximation of efficient markets.
CNBC is prime example of this for me. Nowhere is it more apparent that in Jim Cramer. The hyped-up advice he gives people on investing is terrible. It's worth while watching his interview with John Stewart when they talked about the housing bubble. The whole sorry, not sorry squirm. But this is just the tip of the iceberg for CNBC.
To me the important question is: can we engineer (not just software) a solution that does rewards good journalism and punishes bad journalism?