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	<title>Comments on: The News is Broke</title>
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		<title>By: johnste3</title>
		<link>http://dandriffill.com/2009/05/29/the-news-is-broke/#comment-249</link>
		<dc:creator><![CDATA[johnste3]]></dc:creator>
		<pubDate>Wed, 24 Jun 2009 17:52:53 +0000</pubDate>
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		<description><![CDATA[News is broke.  No doubt.

Like yourself, I agree that there continues to be a great deal of interest in the news and that consumers of news continue to grow in number.  The issue, of course, has to do with how to monitize the collection and delivery of the news as printing ink on paper is slow.

Nassim Taleb notes that reading newspapers makes one less intelligent.  His position is that newspapers usually get it wrong due to the pressure of getting something out in print FAST.  Same situation with the 24 hour news networks in that they will always sacrifice accuracy for the sake of immediacy.

The bottom line is this:
- news will be delivered directly to the customer.
- news will be tailored based on the needs and desires of the customer.
- a means, some means, will need to be developed to monitize the news business (note: i think malcolm gladwell wrote something about micro payments awhile back for the NYT on this subject).

Good blog!

TJ]]></description>
		<content:encoded><![CDATA[<p>News is broke.  No doubt.</p>
<p>Like yourself, I agree that there continues to be a great deal of interest in the news and that consumers of news continue to grow in number.  The issue, of course, has to do with how to monitize the collection and delivery of the news as printing ink on paper is slow.</p>
<p>Nassim Taleb notes that reading newspapers makes one less intelligent.  His position is that newspapers usually get it wrong due to the pressure of getting something out in print FAST.  Same situation with the 24 hour news networks in that they will always sacrifice accuracy for the sake of immediacy.</p>
<p>The bottom line is this:<br />
- news will be delivered directly to the customer.<br />
- news will be tailored based on the needs and desires of the customer.<br />
- a means, some means, will need to be developed to monitize the news business (note: i think malcolm gladwell wrote something about micro payments awhile back for the NYT on this subject).</p>
<p>Good blog!</p>
<p>TJ</p>
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