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I’ve spent a lot of time thinking about this myself, but to save the long explanation for another time, I’ll just say: I don’t think there is a solution, other

I’ve spent a lot of time thinking about this myself, but to save the long explanation for another time, I’ll just say: I don’t think there is a solution, other than localism, or a highly transparent and rigorous centralized institution. The closer you are to a community and information, the better you can judge it for yourself. Not to mention the fact that most global news isn’t particularly relevant for most people. What that means in practical terms, I’m not sure.

hammock 6y ago
Historically, if you wanted good information, you paid for it. Whether that was a king's intelligence network, or a peasant's daily paper. However in today's world the consumers of media are not paying for it. The advertisers are. So we end up with incentives that lean away from journalistic truth. Could it be that simple? If you want good information, you can still pay for it. Nation-states do this. Hedge funds do this. There is more data available on the open market than ever before. But the buy-side of that market has shifted considerably.