> As the cost of producing fakes approaches zero, the noise-to-signal ratio increases until people distrust everything they see and hear. This is a bold face l

> As the cost of producing fakes approaches zero, the noise-to-signal ratio increases until people distrust everything they see and hear. This is a bold face lie. The cost of producing the fake is nearly irrelevant, what matters is the reputation of the broadcaster. This has been so simce time immemorial and did not change with Photoshop. Many journalistic revelations stand, even though they could be trivially faked. The Snowden documents would cost trivial amounts of money to fake (it's a bunch of PowerPoints), but people believe it, because se US government issued a warrant for his capture. The metadata is much harder to fake.