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» Short-termism in (readers of) online news from The Undercover Economist
Seamus McCauley has an interesting thought, inspired by, um, me. In The Logic of Life, I write: the experimenters offered the subjects a snack: fruit or chocolate. Seven out of ten subjects asked for chocolate. But when the experimenters offered [Read More]

Comments

Adam

I fail to see the value of "hard", investigative journalism. Its history is colored largely by demagoguery.

Also, while the Web itself may be unbundled, that does not mean that it is consumed in an unbundled form. People create their own bundles; be it through simple bookmarking, tagging, or feed aggregators. This allows them to choose the specific content producers they put into the bundle; so you can have your webcomics and your blogs about the economics of media all in one place.

Daniel Hall

Adam makes a great point about consumers creating their own bundles. I'd add that this means that I can use technology to make the "week-ahead fruit" choice every time (unlike in traditional media, where I am forced to take delivery of the gossip pages along with my news). The question then may not be whether hard news will disappear, but rather whether its consumers will accept advertising in their bundles (RSS readers, etc.), as ads are how news is funded.

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