When You're Right, You're Right

Can't believe Rupert Murdoch has now become a voice of reason with respect to trustworthiness of news, but he's nevertheless right.

“Facebook and Google have popularized scurrilous news sources through algorithms that are profitable for these platforms but inherently unreliable,” his statement reads. “Recognition of a problem is one step on the pathway to cure, but the remedial measures that both companies have so far proposed are inadequate, commercially, socially and journalistically.”

You get what you pay for. Nowadays, no one wants to pay for news and then we complain about fake news. On the other hand, newspapers were a great industry at one time, but the businessmen got their greasy fingers on the companies and started cutting back staff to boost their profits. Which in turn lead to crummier and crummier coverage and they didn't have the horses to fight and benefit from technological disruption. Or maybe it's just the cycle of things...