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> How could that be bad for journalism? I don't know about journalism per se, but for journalists, they presumably arrived at the status quo as the profit maxi
by jldugger 5y ago
> How could that be bad for journalism?
I don't know about journalism per se, but for journalists, they presumably arrived at the status quo as the profit maximizing option, and removing it will, to varying degrees, impoverish them.
- FabHK 5y agoThat is a sensible first hypothesis, but it rests on many assumptions, in particular that the market doesn't have any prisoner-dilemma/tragedy of the commons aspects to it. It is quite conceivable, for example, that every single journalist is better off if they make click-bait listicles instead of investigative journalism, but the profession as a whole suffers.
- machello13 5y agoSeems like an argument against making any kind of change to any industry.
- jldugger 5y agoYou're not wrong; it's not like industry constantly lobbies against regulation because they'd be _more profitable_. Maybe it's called for and in the consumer's best interest, but let's not pretend Apple is doing this for industry's bottom line.