Once again, legacy media complains that new media is better at the shitty thing they've been doing for 50 plus years...
Even if that's true, that still leaves us with FB's even shittier and more toxic model.
Yes, FB enhanced it with external validation and peer reinforcement feedback loops.
In what way does Hoffman represent legacy media? As well, when do you trace the rise of rage based enticement? 50 years ago was 1970.
I assume legacy media was referring to CNBC.
It seems rare for TV and newspapers, who often present criticism of internet media, to acknowledge that internet media are competitors to TV and newspapers.