The biggest loss to society from this change arises from how the billions of dollars of revenue from advertising is spent. Old media used to plough the money i

The biggest loss to society from this change arises from how the billions of dollars of revenue from advertising is spent. Old media used to plough the money into investigative journalism and local news. New media doesn't do that, which is why our current crop of "leaders" in politics are drawn from celebrity culture and thrive on ignorance.