Facebook ate and then ignored the news industry

celmit@lemmy.ca to Technology@lemmy.world – 176 points –
Facebook ate and then ignored the news industry. It's hard, but we should leave it be
abc.net.au
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So, good journalism is dead? This article is a perfect example for it.

i don't think we should act like journalism was in a great place before.

FB capitalized on a weakened industry, but it was the industry itself that was responsible for that state.

they really fucked themselves by not transitioning to the new market, instead insisting that it was the customers that were wrong. all these years later, i've yet to see a news outlet that would be worth the subscription fee. they're mostly recycling content from other, free sites anyway.

once the older crowd passes, traditional news outlets are done for. the ones that remain will be the ones that were providing the content all along.

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This article was written by an Australian ABC journalist - they are primarily government funded and the News Media Bargaining Code doesn't apply to them.

(their non-government funding mostly comes from creating content which they sell, for example Bluey).

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