Point being we can answer this question. If you put ownership on the blockchain, we can’t. It’s exactly what we have today, but worse.
For your shift, is anonymizing control in exchange for a clear ledger of control a bad deal? I'm not sure. Seems like an interesting idea at least, and given the current state of our media I'm more than happy to see any idea trying to change the game.
>given the current state of our media I'm more than happy to see any idea trying to change the game.
Sounds like an intuitive statement until you really think about it for a second. Then, you realize that it's a reckless and possibly dangerous approach to problem-solving.
If you start down the solution path by asking the question "how could things get any worse?", then it's very likely that you'll find out.
sorry, had to comment as it’s still in recent memory.
For example, Seymour Hersh clearly possessed journalistic independence in his story on the SEAL team assassination of bin Laden. However, at least initially, public response to his story was lukewarm and the Obama administration in particular and the press broadly spent a lot of time and pages trying to discredit the story. In this-- and many other cases-- public trust and reputation is orthogonal to journalistic independence.
Not that I disagree with your two sentences. Clearly this is an attempt to somehow "technologize" better journalism given the low quality of reporting in the run up to the 2016 election.
But if you take "journalistic independence" as your input and reflexively give "reputation and public trust" as your output, something is broken in your journalism parser.
Big conspiracies require more proof. This is not Watergate level where there was corroborating evidence behind the FBI assistant director's reveal to the Washington Post.
Seymour Hersh thinks US special forces members are like the bad guys from that Da Vinci Code book and are actually working for Opus Dei, and this why they would be so good at keeping the Hersh conspiracy hidden. Hersh did good with My Lai but that doesn't mean he can coast on his laurels forever.
I'm somewhat entertained by the posters in this thread shitting on media organisations. You need to understand: the business model for a whole pillar of democracy is gone.
$5 and your sarcastic comment will buy you a cafe latte, but the very last thing journalism needs more of is disruption. It's been disrupted every quarter for ten years straight and now reporters in Colorado are clinging to the goddamn blockchain because it's the last shitty hope left.
You can propose that journalism needs to reinvent itself, but this is not an original insight. Smart people have been trying for years, and it's really hard to make a public good sustainable on the web.
So if you're sitting in a really nicely paid high-tech job somewhere in SV, realise that you are the origin of this problem. A problem that causes damage to democracy in numerous countries. Maybe a little less arrogance?
This move is very concerning to me. The best I can say about it is that if people are willing to buy coverage, hopefully that will directly pay for more coverage in general (a rising tide lifts all journalism). But it clearly removes the editorial independence that has been THE hallmark of serious journalism since serious journalism existed.
Case in point, almost all of open source software exists because someone else paid for it, and releasing it as FOSS didn't directly contradict their business interests.
Tech companies aren't responsible for the decline in quality of journalism. They are responsible for shining light on how bloated and bad they were all along.
Checking facts and multiple sources on news stories was a major undertaking before the internet. Media has always been biased and bad, it's just that the internet is shedding light on how bad it is.
Transparency and widely available information is the pillar of democracy, not news organizations.
Its just being exposed for what it is... the only new thing is discussion about it became common enough to pass the threshold for you to hear about it. https://en.wikipedia.org/wiki/Gell-Mann_amnesia_effect