[ExI] what would any of us have done differently?

[William Flynn Wallace]

fine actor    bill w

On Fri, Dec 16, 2022 at 2:51 PM spike jones via extropy-chat <
extropy-chat at lists.extropy.org> wrote:

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> *…*> *On Behalf Of *William Flynn Wallace via extropy-chat
> *Subject:* Re: [ExI] what would any of us have done differently?
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> How can the legacy media companies pay all those people, many of them
> expensive, when the internet offers news free?   spike
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> >…People are suspicious of free things…
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> Excellent!  They should be.  That is even better with free news.  Make
> them inherently skeptical.  When people buy news, they put too much trust
> in it.  That didn’t work out too well for a lot of legacy news sources.
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> >…Also - people will not respect things that are free…
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> Good.  They shouldn’t.
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> >… The more you pay the better it must be.  bill w
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> For news, we want lots of variety, conflicting stories.  Then we get to
> decide which was right.
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> Regarding the news business, my favorite speech of all time was this one,
> Danny Devito, playing the greedy ruthless asshole in Other People’s Money:
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> https://youtu.be/62kxPyNZF3Q
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> It’s over 30 years old, but that message rings so true today.  It is
> applicable to the news business.
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> My speculation is that legacy news agencies must be suffering for the same
> reasons that Twitter1.0 crashed (or was crashing depending on how you look
> at it.)  News can be crowd-sourced and crowds working free can do a better
> job than a few overworked professionals.
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> spike
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