12 ms·
Market distortion. People don’t want to pay for local news, diverse content.
by apantel 2y ago
Market distortion. People don’t want to pay for local news, diverse content.
- ToucanLoucan 2y agoI mean based on what does well in the various markets, sometimes markets are wrong. Maybe a controversial opinion but a market is basically just a popularity contest where dollars are votes, which is not only inherently biased towards the wealthy, since those with more dollars get more votes, but it's the same flawed people doing the voting at the end of the day. The results of that certainly matter in that those who want to succeed in a given market will pay attention to what does succeed, but it's far from beyond reproach. Sometimes markets choose badly.
- deleted 2y ago[deleted]