Here are some links to recent examples of doctored photos. I know I've seen at least the deceptive image of cops "pointing a gun at children" when they were actually not on the front page of Reddit, so it's not like manipulated images have no effect:
https://www.hackerfactor.com/blog/index.php?/archives/884-Pr...
http://hackerfactor.com/blog/index.php?/archives/891-Count-o...
That said, remember that not all alterations are digital:
https://www.hackerfactor.com/blog/index.php?/archives/590-Un...
Reddit and Twitter and the internet prove that people will react to an image of text by the tens of thousands, going straight into their brain. All of us have been guilty of this at some point.
To me it's naive to freak out about Photoshop and video deepfakes because it reveals that you're completely unaware of the degree of "shallowfaking". A screenshot of a headline or tweet spreads in a way that a deepfaked video can't, and it apparently goes right past our bullshit detector in a way that video can't.
As it becomes possible to fake more and more stuff, we're going to lose that. Different silos are going to have different, meticulously supported versions of the facts with an equivalent degree of direct-evidential and reputational support. And it's not clear to me as an individual one ever disentangles this.
If you are digging for evidence, the source of your information must be taken into account. Deepfakes will probably be detectable in retrospect, even if they are not detectable at the time of publication, so if you stick with sources with a long history of only publishing real information, you're probably still fine even in the age of deepfakes.
The arguable lack of journalistic sources with a demonstrated history of integrity is its own problem, but not one that is made significantly worse by the presence of deepfakes.
Well, yes. Many newsworthy photos and video clips are doctored, and they sway the public discourse in subtle ways. That we haven't yet seen significant public outcry is as much a testament to their subtlety as it is to their effectiveness.
It's been around for decades. Perfect photographic fakes (literally called "photoshops") are possible. Yet is there a great crisis of fake photographs taking over the news? Not really. The actual "fake news" barely even bother with photoshop (and those for whom it works, don't care about the quality). It's somehow still fairly easy to get context and at some point, you just have to trust a news outlet, just like you had to trust them for text-based news.
All we see is a trend of making it easier for people to subscribe to a bubble of "news" that fits their world view. The quality of the fakeness barely factors into this.