Subscriptions to newspapers and magazines are giving way to Netflix subscriptions.
People want to pay for entertainment, not education.
And they’re getting “news” from social media– like you are right here, scrolling through the internet.
It’s so much easier to just scroll through one feed where our benevolent robot dictator is deciding what you see.
The machines are not “evil”– they will show you what has the highest engagement, which happens to drive the most ad revenue, too.
Expect more “fake news” and less reporting by trusted companies.
Welcome to Idiocracy, my friends.
More than 1,000 media jobs lost in one day, with layoffs at Verizon, Buzzfeed, and Gannett