Economic extinction

In the economy, as in ecology, diversity is critical. And just as in the environment, our economy is losing diversity. Particularly in the press and newspapers. From a recent article in The Atlantic Magazine, “One analyst told The New York Times last year that 85 percent of all online advertising revenue is funneled to either Facebook or Google—leaving a paltry 15 percent for news organizations to fight over.” How do the journalists get paid who provide the news–for free–that Facebook and Google feed on?

No pay, no journalists. Big problem.

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