Farnam Street: “We spend hours consuming news because we want to be well informed. But is that time well spent? News is by definition something that doesn’t last. And as news has become easier to distribute and cheaper to produce, the quality has decreased. Rarely do we stop to ask ourselves questions about what we consume: Is this important? Is this going to stand the test of time — say, in a week or in a year? Is the person writing this someone who is well informed on the issue?” Talking points as follows –
- First, the speed of news delivery has increased.
- Second, the costs to produce news have dropped significantly
- Third, producers of news attempt to hijack our brains
- Fourth, the incentives are misaligned.”