FTX’s Collapse Was a Crime, Not an Accident

Re:FTX’s Collapse Was a Crime, Not an Accident by mrtksn on Wednesday November 30, 2022 @09:30PM (#33811556)

Reporters are low paid people who are expected to pump large amounts of content very quickly. They also need to report it in a way that other people with no domain knowledge will find it interesting and feel like understand the story. If they can’t do that, someone else will do and get all the views.

It’s not an excuse for the low quality, just an expected outcome IMHO.

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Re:FTX’s Collapse Was a Crime, Not an Accident by ploum on Thursday December 01, 2022 @04:38AM (#33814198)

"A journalists job is to report the news"

Nope. A journalist job is to make clicks. That’s how their job is evaluated: how many click did the story bring.

That’s all. That’s f**ing all.

Every news outlet office now has a giant screen with the list of the stories and the number of clicks. "Journalists" are expected to competed on that metric and that metric alone.

It blew my mind every time to realize that, even in tech, people are still naïve enough to not see that. Just change the word "journalist" by "click farmers" and, suddenly, everything makes sense. (Television has "audience" instead of "clicks" but the reasoning is similar)

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