Preferences

graemep parent
I think people might pay for micro-transactions, but a lot of news has no real value.

The news mostly reports facts that are available from other sources. Pre-internet a lot of their content was rewrites of stuff pulled off news wires. The front few pages of a newspaper and opinion bits were genuinely their own content - but a lot of the former was available from the (many) sources that sent people to cover major events.

People paid because they had limited choices. If you wanted to read the news it had to be a newspaper. Otherwise you could watch a limited number of TV channels or listen to the radio.

Reporting was often inaccurate, and thanks to changes of ethos and cost pressures is probably worse (I am judging that bit from a UK perspective though)

On top of that I doubt the value of keeping up with the news at all. Look at a news source you read regularly from an year ago and see how much of it you remember. Something more in-depth (a book, a blog post, a good analytical video) gives you a much better understanding of the world and those are also far more available.

There are a very few places that have unique content that is worth reading, but these are not the typical news websites that replaced newspapers.


clejack
Not only does a lot of news have no real value a lot of news does not generate value of any kind (real or otherwise) until someone reads it.

For example, an opinion piece is meaningless unless someone reads it, so writers find themselves in the same situation as every other artist, even if their writing isn't artistic in nature.

Attention is a finite resource. This might be unpleasant to hear, but just because you're working on something, doesn't mean it has intrinsic monetary value.

treebeard901
Most "news" is probably just paid content creation with some kind of agenda behind it.
v5v3
One of largest advertiser's is the state. All those public health ads and so on.
czhu12
Don’t you think the reason news has no real value is because many news organizations have been hollowed out due to a lack of a business model that can pay for journalism?

Presumably to “compete” for micro transactions, assuming there is a broad based acceptance of them and they add up to something meaningful, would allow for more local journalism

v5v3
Were the any better pre internet? When the sold papers.

Much the same if you ask me.

inanutshellus
it was "here's forty-odd pages of news, sports, stocks, local politics, comic strips, curated reviews, curated op-eds, tailored editorials and a pile of coupons worth more than the newspaper's price from a local organization that has one or maybe two competitors for giving you this information... for two bits."

There's really no comparison anymore.

Any "valuable" news/sports/politics/stocks is all freely available from dozens of competing sources.

What's left is Opinions, Reviews and Editorials, which are freely available from thousands of free competitors.

the idea that anyone would blindly microtransact ("pay $0.02 to read my clickbait article ChatGPT wrote for me!") is one waiting for all free content to go away first.

darkwater
So, why is even HN getting a lot of those non-original sources, many times even behind a paywall, on the front page? The answer IMO is easy, and we should have learnt it after over 30 years of Internet and World Wide Web growth: because there is still added value in some journalism (true journalism, we might call it?). Even if they are publishing something from a common source. Who reads the original news might have a better understanding of the topic, might be a better, clearer writer, can add context that makes sense for their audience etc etc
graemep OP
> So, why is even HN getting a lot of those non-original sources, many times even behind a paywall, on the front page?

They are still a minority of sources, many of the newsy ones have non-paywalled articles. I may not notice some paywalls because I usually have JS off so a lot of paywalls do not work.

They are also a pick of the most interesting articles. its a very small proportion of what is available.

> Who reads the original news might have a better understanding of the topic, might be a better, clearer writer, can add context that makes sense for their audience

Might! If you want original sources read Reuters - non-paywalled BTW.

> because there is still added value in some journalism (true journalism, we might call it?).

Good journalism is a rarity. It is, and has always, been far less common than sloppy, inaccurate, and sensationalist repporting: https://en.wikipedia.org/wiki/Gell-Mann_amnesia_effect

lapcat
> So, why is even HN getting a lot of those non-original sources, many times even behind a paywall, on the front page?

Because a lot of HN voters and commenters just read the headlines and not the articles.

carlosjobim
Great point. That's how news should be read and how news should be presented. A filtering by the journalist to shorten, highlight, explain, and then a link to the complete and original source, so that interested readers can verify and dig deeper.
datavirtue
Yeah, when I really want to learn about something I buy a book. Power Broker, Secrets of the Temple...stuff like that. Real journalism.
carlosjobim
> but a lot of news has no real value.

> stuff pulled off news wires.

"Stuff" – also known as news.

Keeping up with the news can mean the difference between life and death for you and your family. I remember when Mr Joe Biden was in the news warning against a Russian invasion of Ukraine. Those who listened could get themselves and their family to safety before the travel ban and the draft. Many of those who didn't are in a mass grave right now.

But yes, we need to try to choose our news consumption to those things which actually matter in our own lives. A train wreck or earthquake on the other side of the world is probably not in that category. Neither is internal foreign politics, if you're for example a European who knows everything about US primaries but doesn't know the name of the EU president...

> the typical news websites that replaced newspapers.

The typical news websites are the digital offering of traditional newspapers, aren't they?

Thank you for reading my comment on Hacker News ;)

graemep OP
I agree with keeping up with things that might affect you, but that is a tiny sliver of the news.

> a European who knows everything about US primaries but doesn't know the name of the EU president...

Very common. A lot of political argument in the UK seems to take place from an American perspective - people talk as though our problems and possible solutions are exactly the same as in the US.

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