3 ms·
> There is no valid reason why "adtech" is the thing that drives the entire digital universe. Every phrase that is conveyed/transmitted must be paid for someho
by heresie-dabord 2y ago
> There is no valid reason why "adtech" is the thing that drives the entire digital universe.
Every phrase that is conveyed/transmitted must be paid for somehow. If not state-funded, journalism must find funding that scales to cover the production costs.
Advertising money is (a) abundant and (b) seeks the broadest possible delivery.
The WWW (e.g. browsers, WWWtech) is an optimal match for ad money.
For decades before, Advertisers and Journalism maintained one another in a state of equilibrium. Journalism cultivated an audience and was gatekeeper of what was "printable" (tolerable to its paying audience); Advertisers were gatekeepers of marketing gimmicks and brand reputation.
These two tensions were complementary. An audience with education and money to spend represented value to journalism; the audience, together with advertising, paid the salaries, business costs, and legal fees of journalism. QED.
But then came WWWtech, which gave Advertisers everything the latter ever wanted: access to motivated spenders, day and night, all the time, everywhere. WWW ads are relatively cheap to produce and fast to market; WWWtech provides a deluge of fascinating facts about the market.
Journalism was jilted. So it reworked its channels.
But good journalism is important to Democracy. People care about their communities, voters do need factual information. There should be astute, principled, critical evaluation of social and economic events, of government policies and corporate activities.
Today, the only ways journalism is surviving (hardly) are through i) funding by the state and subscribers, or ii) by consolidating journalistic brands to deliver monetisable content that is unhitched from stabilising principles.
State funding has risks but may be the most effective option. Otherwise, we see that Anything Goes, as Cole Porter said.
Now the citizens of Democracy itself are struggling to understand why peace, order, good government, and factual information are so hard.
- Terretta 2y ago> Every phrase that is conveyed/transmitted must be paid for somehow. If not state-funded, journalism must find funding that scales to cover the production costs. For an earlier equilibrium, see "pamphleteering": https://en.wikipedia.org/wiki/Pamphleteer https://en.wikipedia.org/wiki/Pamphleteer Publishing static content is extraordinarily cheap. Even with a dynamic site, such as a wiki, you can serve millions of occasional readers for $20/month. As a 'newspaper' class resource, Wikipedia's all-in hosting for fully read/write content (meaning, visitors can edit, it's not static), is about $0.03 CPM, handling ~6.74B visits a month (80B visits a year) for $2.4M a year or $200,000/month. So that's 8 million visits a month for $20, as a R/W membership wiki instead of a RO static site. To be clear, this is not salaries. "Production costs" depend on whether someone has something to say and feels compelled to say it. The less meaningful the message to the messenger, they more they only say it for the money, and the more money it takes. Adding salaries to wikipedia's number drops from 8 million visits per $20 per month, to 400,000 visits per $20 per month. > State funding has risks but may be the most effective option. It's certainly enough, even de minimus. Even with salaries baked in, costs remain low enough for patronage, public funding, or subscription models instead of advertising models. At most any scale, the cost of saying something to the public is a rounding error.
- pdonis 2y ago> Publishing static content is extraordinarily cheap. The main cost of reliable journalism isn't publishing the content. It's getting reliable content to publish.
- Terretta 2y ago> isn't publishing the content Yes, I showed content costs 20x publishing cost if staffed + crowdsourced as in this example. > getting reliable content This is why I mentioned cost varying inversely with how compelled someone feels to say something. The additional 45M in my example buys you a lot of reporters even with overhead all-in.
- pdonis 2y ago> cost varying inversely with how compelled someone feels to say something. How compelled someone feels to say something has little or nothing to do with how reliable what they are saying is. > The additional 45M in my example Where is that in your example? > buys you a lot of reporters Buying reporters is not the same as buying reliability.
- Terretta 2y ago> Where is that in your example? It's the math behind “Adding salaries to wikipedia's number drops from 8 million visits per $20 per month, to 400,000 visits per $20 per month.” Put another way, it costs 20x for the employees. The budget actually goes 20x the 2.4M to 48M, or 45M after the hosting is paid. > Buying reporters is not the same as buying reliability. Just like hiring workers is not the same as buying completed work. This is true of all paid effort.
- pdonis 2y ago> State funding has risks but may be the most effective option. State funding doesn't solve the problem of getting good journalism. It just means journalism is biased in favor of the state, instead of biased in favor of whatever ideology the private owner has. If anything, bias in favor of the state is worse. Pravda and Isvestia in the Soviet Union were even less reliable than our mainstream media is now.
- dns_snek 2y agoCan we at least try to acknowledge that there are many shades of gray between: - news funded by oppressive regimes with an explicit goal of furthering their own agenda - news funded by extremely rich and powerful people with an explicit goal of furthering their own agenda If you squint a little, these are essentially the same. There needs to be publicly funded journalism - who else is going to report on stories that would threaten the status quo of rich & powerful? At the same time, there need to be strong protections in place that make it hard for the government to meddle with day to day operations of the press, allowing them to freely report on things that reflect poorly on the government. This setup shouldn't pose a problem for any nation and government that considers themselves democratic.
- pdonis 2y ago> There needs to be publicly funded journalism - who else is going to report on stories that would threaten the status quo of rich & powerful? The way to enable stories that threaten the status quo of the rich and powerful is to enforce freedom of speech for everyone, so anyone who is being screwed by the rich and powerful can say so, publicly, and not get canceled. "Publicly funded journalism" does nothing of the kind, because the funding of "publicly funded journalism" comes from...the rich and powerful. Either through the government (who do you think runs the government? certainly not the poor and powerless) or through "nonprofit" organizations that can't survive, let alone pay the costs of journalism, without donations from the rich and powerful.
- dns_snek 2y agoYes, the government is powerful, but you ignored the 2nd part of my comment which addressed the concern you're repeating again. > At the same time, there need to be strong protections in place that make it hard for the government to meddle with day to day operations of the press, allowing them to freely report on things that reflect poorly on the government.