[HN Gopher] The dangers of high status, low wage jobs
       ___________________________________________________________________
        
       The dangers of high status, low wage jobs
        
       Author : jger15
       Score  : 392 points
       Date   : 2022-02-09 12:54 UTC (10 hours ago)
        
 (HTM) web link (economistwritingeveryday.com)
 (TXT) w3m dump (economistwritingeveryday.com)
        
       | h2odragon wrote:
       | Not just journalists, but politicians, priests, etc. The filtered
       | bubble of their society becomes the pole star of their existence,
       | and the rest of the world gets devalued.
       | 
       | Used to be, near any event that generates news coverage, there
       | would be a bar where the journalists hung out. Listening to the
       | conversations there would tell you what the story was going to
       | be, as well as how it differed from the facts. The audience that
       | _mattered_ was the rest of the media clique; the actual paying
       | "audience" was the chum that everyone took for granted.
        
         | curiousllama wrote:
         | Can often see the same thing on Twitter now - it's cool to see
         | in real time
        
           | password4321 wrote:
           | I've heard rumors a lot of the grouthink happens as Twitter
           | users share lists of accounts to block and coordinate in
           | private Google Docs.
        
             | SamoyedFurFluff wrote:
             | Wouldn't not witnessing this yourself or similar be a
             | similar kind of groupthink behavior? In an us vs them
             | mentality.
        
               | password4321 wrote:
               | > _Wouldn't not witnessing this yourself or similar be a
               | similar kind of groupthink behavior? In an us vs them
               | mentality._
               | 
               | I'm sorry, I don't understand what you're saying... not
               | doing these things is just groupthink in the opposite
               | direction?
               | 
               | Edit: Maybe there's a better word for it: bubble
               | building.
               | 
               | Edit 2: I do believe Twitter fosters the 'us vs them'
               | mentality you mention; I tried to point out only the tip
               | of the iceberg is visible publicly.
        
               | SamoyedFurFluff wrote:
               | I'm saying that "I heard rumors of X" is the same bubble-
               | type behavior that's being criticized in the conversation
               | flow just towards an out-group (aka a group on a
               | different social media platform).
        
               | password4321 wrote:
               | Thanks for taking the time to clarify.
               | 
               | How would you recommend initiating a conversation to
               | discuss when 'the actual paying "audience" was the chum
               | that everyone took for granted' but one actually _can 't_
               | 'see the same thing on Twitter' except due to
               | intermittent OPSEC/OSINT failures?
        
           | hguant wrote:
           | I went to high school with a guy who is big in the self
           | described Left-wing journalist Twitter.
           | 
           | I remember very distinctly watching an article - well, the
           | ideas core to that article - he'd written percolate from New
           | Republic to The Atlantic to The New York Times over a period
           | of about a month. What was interesting was that in his
           | original article, the concepts he presented were presented as
           | radical, and as a thought experiment. By the time it made its
           | way down to the NYT a month later, those same concepts were
           | presented as obvious solutions that "both sides" should agree
           | on as a matter of course, and any disagreement was just
           | intellectual folly.
           | 
           | The conversation about these ideas had already happened on
           | Twitter; NYT was just reporting the score.
        
             | ChrisKnott wrote:
             | Can you link these articles? I'd be interested to see this
             | evolution you describe.
        
             | codechad wrote:
             | It is interesting to see the overton window slide in real
             | time.
        
             | pessimizer wrote:
             | People don't present themselves as extreme. I think what
             | happened is that a lot of people ran this "thought
             | experiment" and it made a lot of sense to them.
             | 
             | edit: The New Republic was passed from a famous racist to a
             | founder of facebook to a Democratic party bagman and
             | banking heir. Characterizing it as an extreme left outlet
             | is bizarre, because at times it wouldn't even count as
             | center-left.
             | 
             | From the first paragraph of wikipedia: "Through the 1980s
             | and 1990s, the magazine incorporated elements of the Third
             | Way and conservatism."
        
               | hguant wrote:
               | So first of all you're responding to what you want to
               | read, not the actual content of my comment. I said that
               | the friend of mine in question was a self described hard
               | Leftist, and that he was big in leftist oriented Twitter.
               | I made no statement about New Republic...which is in fact
               | a hard left publication. When you were looking at
               | Wikipedia, did you skip the part where they were owned by
               | that guy in the 1980s because it came out that the
               | editors and owner were spies for the USSR, EDIT and they
               | were trying to revamp their image /ENDEDIT? Or the bit
               | about their return to their leftist roots since their
               | sale in 2016?
               | 
               | Furthermore looking at who owned an institution 30-40
               | years ago doesn't really add any value to the
               | conversation about what they are today.
        
               | groby_b wrote:
               | Dude.
               | 
               | The New Republic isn't a GOP outlet, sure. It might even
               | occasionally slightly hurt centrist sensibilities, which
               | _would_ put it left of the NYT. But if you think that 's
               | "hard left", you haven't seen hard left, or even moderate
               | left.
               | 
               | Try something like wsws.org, or The Jacobin. The New
               | Republic isn't remotely that.
        
               | PaulDavisThe1st wrote:
               | > I made no statement about New Republic...which is in
               | fact a hard left publication.
               | 
               | What are the actual ends of the spectrum on which you
               | identify the NR's position as "hard left" ?
        
               | gunfighthacksaw wrote:
               | I've seen Breitbart comments accusing the AP of being
               | communists.
               | 
               | They're about as milquetoast neoliberal as you can get,
               | but they typically skew towards diversity and democracy
               | which is probably enough to make you a steenkin pinko to
               | some people.
        
             | long_time_gone wrote:
             | It's the same on both sides. The Hunter Biden "laptop saga"
             | moved from NY Post -> Fox News -> Wall Street Journal.
             | 
             | This was after Fox and WSJ passed on the story initially.
             | Once it got traction from NY Post, they ran with it. Sean
             | Hannity even claimed to have the laptop in his possession.
             | Then he said it was stolen. Then he got it back, but
             | couldn't share any of the juicy details cause his "lawyers
             | wouldn't let him" [1]. They wouldn't even let other news
             | organizations look at the incriminating emails [2].
             | 
             | [1] https://news.yahoo.com/sean-hannity-says-lawyers-
             | wont-020500...
             | 
             | [2] https://www.nbcnews.com/politics/2020-election/here-s-
             | what-h...
        
               | MisterBastahrd wrote:
               | I had a LOL moment when Rudy Giuliani posed with one of
               | the computers on TV, because apparently the Mac guy
               | wasn't smart enough to know the difference between an OSX
               | based Macbook Pro and a Windows based LG.
        
           | r-zip wrote:
           | I don't know about journalists, but given the idiotic replies
           | to the posts of the computer scientists I follow on Twitter,
           | I'm not sure I blame them for producing content for other top
           | computer scientists.
        
             | curiousllama wrote:
             | One day some rando really will solve P=NP and they'll show
             | you! (Divide by P and N=0 obviously)
        
               | achenet wrote:
               | Uh... you mean N=1, unless P=0... :p
        
               | curiousllama wrote:
               | I said what I said
        
         | ajsnigrutin wrote:
         | Yep, just look at the covid lockdowns and superstars posting
         | crying videos, wanting sympathy from regular people, for being
         | locked in ther multimillion dollar villas with tennis courts
         | and swimming pools.
         | 
         | Bubbles are bad... but if you don't want to escape from one by
         | yourself, you'll stay there forever, your bubble won't move by
         | itself.
        
           | moffkalast wrote:
           | Bubbles eventually burst, just ask an economist.
        
             | throwaway2037 wrote:
             | Australian housing? Not yet. It's been... forever. Never
             | burst in modern times. They even managed to ride the Global
             | Financial Crisis tsunami in 2008. The income-to-sale-price
             | multiplier is simply mind blowing. I do not understand it!
             | 
             | Ref: https://www.abs.gov.au/statistics/economy/price-
             | indexes-and-...
        
               | xxpor wrote:
               | Supply constraints are powerful things
        
           | mc32 wrote:
           | What happened to the wealthy?
           | 
           | They used to keep these things amongst themselves rather than
           | announce everything to the public.
           | 
           | They used to use hidden signals of wealth to show themselves
           | to each other but not reveal themselves to the public --but
           | now it's a contest for crass popularity.
           | 
           | I guess Robin Leach opened the crack and Instagram et al
           | opened the floodgates. It's a bit pathetic.
           | 
           | What the hell happened to the "millionaire next door" types?
           | Someone who had wealth but you'd never know it?
        
             | bitwize wrote:
             | They've been replaced with nouveaux riches who want to show
             | off to their poor friends (and enemies) that they've "made
             | it".
             | 
             | The "millionaire next door" also has low time preference,
             | which is how they made their money. They don't spend
             | extravagantly but reinvest that money into their business,
             | stocks, real estate, etc. That's also why they're stealth
             | rich.
        
             | DocTomoe wrote:
             | The real wealthy folks still are hush about their capital.
             | The folks you see flinging cash and status around are - and
             | always have been - the nouveau riche.
        
               | mc32 wrote:
               | Perhaps but Bezos, Branson, Ma, Musk, etc, aren't the
               | quietest bunch regarding their monies. We even have those
               | who are wealthy but need to tell us how unwealthylike
               | they live such as Dorsey.
               | 
               | Just be.
        
               | [deleted]
        
               | coldtea wrote:
               | > _Perhaps but Bezos, Branson, Ma, Musk, etc, aren't the
               | quietest bunch regarding their monies._
               | 
               | Well, those are also crude nouveaux riches. Heck, they
               | even had to somehow work for their money (even those of
               | them that got some hefty support from their parents).
               | 
               | As opposed to several generations of old money.
        
               | tonyedgecombe wrote:
               | >the nouveau riche
               | 
               | I'm not even sure that many are really rich. I recently
               | read that the average net worth of a Ferrari owner is
               | less than one million pounds and that most Ferraris are
               | financed.
               | 
               | Real wealth is what you don't spend.
        
               | astrange wrote:
               | Net worth isn't a good measure of being rich; high
               | negative net worth means you're rich too. All the average
               | people are in the middle.
        
               | coldtea wrote:
               | Real wealth is what you get to enjoy.
        
             | Kye wrote:
             | How would you know they aren't still majority? There were
             | always conspicuously wealthy people, but now there are more
             | wealthy people in general. It's inevitable both the quiet
             | and noisy segments would grow even without other changes.
        
             | newsclues wrote:
             | My theory is that too many of the "wrong" people got rich,
             | so the luxury industry and media worked together to
             | increase consumption and funnel the nouveau rich money to
             | the "right" wealthy people.
        
             | groby_b wrote:
             | If we even accept the premise (and it's a doubtful one,
             | obscene wealth was always visible), it's worth pointing out
             | that a lot of wealth is generated simply by being in the
             | public eye. Cynically put, the not-wealthy like having a
             | look at the things they'll never have enough to hand over
             | money for it.
             | 
             | As for "millionaire next door", they're still around. The
             | US has 20 million of them. But most of the "next door"
             | wealth is achieved through doing a "normal" job. (I.e. jobs
             | that most other people can relate to, and could possibly
             | achieve working in)
             | 
             | Ostentatious wealth is requiring arbitrage of some form, at
             | scale. Celebrities arbitrage fame. And it's a smart
             | business, because part of their payment is more fame. Hence
             | the "crass popularity" contests. People pay them for that
             | popularity _and_ make them more popular.
        
             | dionidium wrote:
             | > _What the hell happened to the "millionaire next door"
             | types? Someone who had wealth but you'd never know it?_
             | 
             | Remember your audience here. You're surrounded by them.
        
               | Frost1x wrote:
               | I think you have a valid point, although I think it
               | should probably be the "decimillionaire next door" to
               | keep up with inflation and retain its original meaning.
               | This is a case where the floor dropped out and the
               | ceiling is falling, when a "millionaire" doesn't really
               | mean what it meant many years ago.
               | 
               | In 1904, $1M inflation adjusted is $31M now. In 1956,
               | it's $9.9M. Seems to have peeked at 2007/8. The uptick to
               | "billionaire" started around 1982 which is about $2.79M.
               | Words are very discrete bins and usage lag.
               | 
               | https://books.google.com/ngrams/graph?content=Millionaire
               | %2C...
               | 
               | While there is a very valid point that many who frequent
               | this site may be considered millionaires and by some,
               | considered wealthy relative to the median in current
               | times, that isn't to say the median hasn't been falling
               | in terms of the sheer scale of wealth these days.
        
               | munch117 wrote:
               | You mean deca, not deci.
        
               | pragmatic wrote:
               | I'd rather have a million now than 31 million in 1904.
               | 
               | The quality of life difference isn't measurable in money.
        
             | wikibob wrote:
             | > What happened to the wealthy? They used to keep these
             | things amongst themselves rather than announce everything
             | to the public.
             | 
             | Still happens.
             | 
             | See this $600 hat which is sold out, used as a wealth
             | signaling mechanism. And also as an aspirational luxury
             | good now that the masses are aware.
             | 
             | https://www.wsj.com/articles/succession-morning-show-
             | luxury-...
        
             | saltminer wrote:
             | There have always been rich people who flaunt their wealth
             | and crave attention, just as there are those who are, as
             | you say, the "millionaires next door". The difference is
             | now, I can easily check in on the lives of the ones who
             | crave attention anywhere in the world. We no longer have
             | "local celebrities" like we used to, as their fame is
             | rarely only covered by the local papers.
             | 
             | People always seem intrigued by the lives of the rich and
             | famous, and tabloids have been milking that for
             | generations. Before the internet, that was the best way to
             | keep up to date on celebrity gossip, and it was a lucrative
             | market (see also: MTV Cribs).
             | 
             | It just seems like the rich are so much worse these days
             | because it's so easy for them to get attention. Some have
             | even turned it into an art form, knowing how effective
             | ragebait is at getting clicks. (Remember Logan Paul's
             | Japanese forest video?) Combine that with the reduction in
             | our media landscape and increase in outlets which just
             | report on drama, many of which get reposted with only minor
             | rewording on more general outlets, and it's much more
             | difficult to escape this stuff today.
             | 
             | All this said, I would agree that the rich generally are
             | worse today, but that's a byproduct of capital coalescing
             | in new forms to lobby for awful laws spurring greater
             | inequality, and it would have happened without the
             | internet. They were also bad in the past, but unless you
             | went out of your way, it was difficult to get a grasp on
             | how wealth multiplies and the horrendous practices of many
             | large corporations. The popularity contest becoming
             | inescapable, on the other hand, is a direct result of our
             | hyper-connected world.
        
             | retrac wrote:
             | I certainly agree society has gotten a lot more
             | ostentatious, to the negative. But there's still a bit of a
             | "kids these days" vibe to this comment; people (by which I
             | mean the long-established aristocrats) have been decrying
             | the tasteless, crass vulgarity of the nouveau riche since
             | at least the late Roman Republic.
        
               | saltminer wrote:
               | Anyone who read The Great Gatsby in high school should be
               | familiar with the disdain for the nouveau rich amongst
               | old money. The movie Caddyshack also does a good job at
               | depicting this.
        
               | tsunamifury wrote:
               | While mostly being angry they can't display the crassness
               | of the new even richer class.
               | 
               | The Guilded Age on HBO right now is a great show about
               | this.
        
             | t-3 wrote:
             | > What the hell happened to the "millionaire next door"
             | types? Someone who had wealth but you'd never know it?
             | 
             | They're still around, and people still don't know it. Some
             | of those older people you see working at the grocery store
             | have been "retired" from executive positions and need
             | something to do until they reach retirement age. Lots of
             | diligent people working normal jobs and without vices
             | manage to become quite wealthy while living unremarkable
             | lives.
        
               | belval wrote:
               | These people will always be interesting to me. They "won"
               | the game, they accumulated wealth and made a comfortable
               | life for themselves. Yet they usually live frugally and
               | die with several millions just because they never
               | actually spent the money.
               | 
               | Some of my relatives were like that. Lots of money in the
               | banks, 70 years old, yet his wife would chastise him for
               | buying a small $16k Mazda truck to replace his +10 years
               | old $12k Ford truck.
        
               | zozbot234 wrote:
               | That's how "new money" turns into "old money". Low time
               | preference on a generational scale is all it takes.
        
               | oh_sigh wrote:
               | Only if you inculcated the same standards into your
               | children, which is definitely not a given. If you were
               | just a miser and your children didn't understand your
               | reasoning, I would expect them to blow their entire
               | inheritance and leave a pittance to their children.
        
               | tejohnso wrote:
               | Couldn't this be addressed with some kind of legal entity
               | like a generational trust where the children don't have
               | direct access to the principle?
        
               | oh_sigh wrote:
               | Yes, absolutely, and it would be a great idea if you
               | don't trust the financial competence of your
               | beneficiaries, but you want them to have access to your
               | assets. The problem is that those trusts may be viewed as
               | overly restrictive or unnecessarily burdensome to the
               | beneficiaries and so may not be created in the first
               | place. IE beneficiary needs $X for a rational business
               | investment, but can only get $X/4 out of the trust within
               | the timeframe, even though 1000*$X in total is in the
               | trust.
        
               | Scoundreller wrote:
               | > IE beneficiary needs $X for a rational business
               | investment, but can only get $X/4 out of the trust within
               | the timeframe, even though 1000*$X in total is in the
               | trust.
               | 
               | I mean, the trust can (usually) invest money without it
               | being considered a distribution. I suspect that happens a
               | lot based on the trustifarians I see in capital-intensive
               | businesses and crushing it (due to below-market cost of
               | capital).
               | 
               | I feel bad for their competitors having to prove
               | themselves to a bank or other arms-length financier.
        
               | horsawlarway wrote:
               | The mindset that "wins" the game (as you put it) is the
               | same mindset that carefully considers whether a 16k truck
               | is really worth the expense.
               | 
               | If you start inflating expenses "because you have money",
               | you don't become the old guy with lots of money in the
               | bank.
        
             | SamoyedFurFluff wrote:
             | > They used to keep these things amongst themselves rather
             | than announce everything to the public.
             | 
             | When did this happen? Do you mean the gilded age where the
             | wealthy had giant, showy mansions built now used for
             | various museums, or funded massive libraries and stuff in
             | their name? Do you mean when the wealthy hung up painted
             | portraits of themselves everywhere? Do you mean when the
             | wealthy were building literal castles and starting literal
             | wars on their name? Do you mean when royalty proclaimed to
             | be a royal was to be divine??
             | 
             | I don't think the wealthy have ever stfu'd about their
             | money...
        
             | rayiner wrote:
             | > What happened to the wealthy?
             | 
             | I wonder the same thing, especially with respect to the
             | lower rung of wealth. I'm shocked at how much of the top 1%
             | views themselves as victims of higher rungs of the top 1%
             | instead of having attitudes commensurate with their wealth,
             | privilege, and social status.
        
         | analog31 wrote:
         | Computer programmers too. My irony meter went off scale when
         | this article hit HN.
         | 
         | "You tell me where a man gits his corn pone, and I'll tell you
         | what his 'pinions is" -- Mark Twain
        
           | AnimalMuppet wrote:
           | Computer programming is a high status, low wage job? I'm not
           | sure about the "high status" part, and I'm even less sure
           | about the "low wage" part. It pays pretty well, even if
           | you're not at a FAANG.
        
             | [deleted]
        
             | xxpor wrote:
             | It's somewhat the opposite in fact (not exactly _low_
             | status, but not on the forefront of a cool job either). It
             | 's the wordcel vs shape rotater meme/discourse.
        
         | syshum wrote:
         | That bar has now been replaced with Twitter, and other social
         | media, but it is hard to listen to the conversations because of
         | the number of voices all speaking at once...... the truth is
         | out there, just hard to find.
         | 
         | "Authoritative Sources" are not the solution either, which is
         | what most social media companies seem to be banking on as the
         | solution to "fake news" but their chosen authority are just as
         | prone to reporting non-sense as some random guy with a blog
        
         | jseliger wrote:
         | _Not just journalists, but politicians, priests, etc_
         | 
         | Yes: https://jakeseliger.com/2019/11/19/have-journalists-and-
         | acad.... Journalists, and academics in the humanities, have
         | become more cleric-like.
        
           | tomjakubowski wrote:
           | Economists are even more priestlike than humanities
           | professors.
        
         | paulcole wrote:
         | > Used to be, near any event that generates news coverage,
         | there would be a bar where the journalists hung out
         | 
         | Just curious, how old are you and what year do you believe this
         | "used to be" ended?
         | 
         | I'm 40 and my guess is that this time is 25+ years gone by?
        
           | h2odragon wrote:
           | I'm 49; and i dunno about "ended". Its no longer required to
           | attend a physical place to "cover a story," but I'm sure that
           | bar is still there at every big event.
        
             | PaulDavisThe1st wrote:
             | You're confusing (as so many people do, alas) the jobs of
             | "reporter" and "journalist".
             | 
             | The former is a job where you are required to attend a
             | physical place to cover a story, required to talk to
             | people, required to gather facts. Of course, you might do
             | all of these badly, you might even lie about having done
             | them, but that's the structure of the job.
             | 
             | The latter is a job whose name comes from the practice of
             | writing "journals", and has little, if anything to do with
             | reporting. Journalists do not "cover stories", they write
             | about things that are happening, informed by the work of
             | reporters, but also other folk: researchers, essayists (an
             | even less-connected-to-the-story form or journalism),
             | lobbyists, politicians, and yes, their neighbors. They've
             | been around for at least 350 years in European-linked
             | cultures, and probably a lot longer than that if you take a
             | broader view.
        
             | SamoyedFurFluff wrote:
             | My understanding (based on some podcasts I've heard on) is
             | that journalism has developed journalists not being by in a
             | physical place except at very big events is due to
             | newspapers closing/lack of money. There simply isn't enough
             | funding to have a well-considered reporter report on a
             | specific subject or region where they then are in a place
             | and regional education to then comment when something major
             | happens. Now national newspapers ship reporters out to
             | major events who simply don't have the know-how of on the
             | ground context and therefore can come away with drastically
             | different conclusions than the people who actually live
             | there.
        
               | Archelaos wrote:
               | I am living near a medium sized city in Germany; here
               | journalists from the local newspaper are very present at
               | events, may they be cultural or political. A few days ago
               | an incident made international headlines. After a few
               | hours the place where the incident happend was full of
               | journalists.
        
               | pjc50 wrote:
               | It's been replaced with various private whatsapp groups.
               | A surprisingly large amount of UK politics coverage is
               | Laura K and Robert Peston reading out messages they have
               | been sent by various leakers.
        
             | paulcole wrote:
             | > but I'm sure that bar is still there at every big event.
             | 
             | Why are you sure of this?
        
               | h2odragon wrote:
               | I believe that where journalists gather, there will be
               | drinking (and other intoxicant consumption). Usually as a
               | herd.
               | 
               | Perhaps the profession changed; my observations are
               | dated.
        
         | Ekaros wrote:
         | I still remember the gamergate... The secret discussions and
         | the amazing width of pushing the same narrative by publishing
         | same story on multiple platforms... Still probably going on in
         | many cliques...
        
       | Sebguer wrote:
       | Is this effectively the same reason so many crypto folks have
       | consolidated in Miami?
        
       | guelo wrote:
       | Garbage article is just opinions based on broad stereotypes and
       | the author's biases.
        
       | errcorrectcode wrote:
       | Chris Hedges entered the chat.
       | 
       | Every public K-12 teacher entered the chat.
        
       | grapescheesee wrote:
       | We have nothing to talk about. When you have two options you have
       | an illusion of choice. It is a duopoly in the corporate world. A
       | 'competition' they love and enrich each other with.
       | 
       | Just look at the way they have change labels on all sides. 'Far'
       | right, 'Progressive', 'conservative', not worth a word more. It
       | gives the two 'parties' more worth in the purpose their words
       | have than trying to understand the inflections a dog makes as a
       | complete sentence.
       | 
       | Yes, ideas have meaning and somethings politicians say actually
       | represent them. Apart from that nearly worthless sentance.. I
       | can't tell you the last time I voted for someone and had a
       | realistic means to contact them about some issue.
       | 
       | The last time I contacted my senator was while I paid
       | international call rates and when I asked for a reply on the
       | issue the representative actually laughed at me and said no. We
       | can't do that and this phone call has gone on three minuets
       | longer than the average. I have many other people waiting sir! So
       | what is the point? They literally can't pay staff to reply to my
       | question. What is the senator view on issue X?
       | 
       | Worthless elected leaders.
        
       | csdvrx wrote:
       | The only problem I see there is a missing market, or as explained
       | in the article, "2. Status can't pay the rent". But I disagree
       | with the premise that you need a direct intermediary.
       | 
       | Sooner or later, I think companies like twitter or reddit will
       | want to "lock in with golden handcuffs" their most valuable
       | writers, those who result in precious ad money eyeballs.
       | 
       | Otherwise, these writers may go to those who'll pay them. Some
       | may decry that, but I think it will incentivize both to behave.
       | 
       | If you need fresh examples, I find Rogan tone regarding the whole
       | Spotify thing very telling: he's as nice to them as someone who's
       | received a $100M cheque :)
       | 
       | And on the other side, how Spotify handled that despite the
       | various pressures exerted, is also very telling: they're as nice
       | to him as any pro-sports manager would be to a highly paid star
       | player, who in the course of the contract is expected to generate
       | way more revenue for the team that what they pay him (or... they
       | would not pay him that much in the first place!)
       | 
       | Both parties benefit tremendously from the deal, which gives a
       | strong incentive for everyone to behave.
       | 
       | The author has noticed part of the trend in journalism: the
       | "extreme upper who's public standing achieved escape velocity,
       | allowing them to go independent via Substack and earn vastly
       | higher incomes".
       | 
       | The only reason it's currently limited to the upper tail is due
       | to frictions and transaction costs / legal issues etc. making it
       | easier to pay $100M to 1 person vs $1 to 100M people. However,
       | that's not set in stone.
       | 
       | With the financial upheaval that crypto will unleash onto the
       | world, I believe that status _WILL_ end up paying the rent:
       | reddit could certainly spin some coin to pay the people they
       | value. Writers will moonlight under a nom-de-plume, until it
       | starts paying more than their daily job. If it 's not reddit,
       | then some other company will.
        
         | maybeOneDay wrote:
         | I'm not certain why crypto is hugely important here. Can reddit
         | not just ask people to link a paypal/some other banal payment
         | provider if they would like to pay content creators?
        
           | csdvrx wrote:
           | I see two huge reasons: 1. friction and legal issues when it
           | comes to money being send to people 2. lack of a second
           | market for current reddit badges etc.
           | 
           | Now if said badges were say NFTs and could be traded for
           | something else easily, I would agree with you.
        
             | elliekelly wrote:
             | Isn't reddit already doing this with NFTs and a secondary
             | market? And I think it's not working out so great.
             | 
             | Edit: I can't for the life of me find the link but I swear
             | there was an article posted to HN in the last week or so
             | about Reddit giving mods an exclusive NFT or token of some
             | sort that the mods were then selling for significant sums.
        
               | csdvrx wrote:
               | > Edit: I can't for the life of me find the link but I
               | swear there was an article posted to HN in the last week
               | or so about Reddit giving mods an exclusive NFT or token
               | of some sort that the mods were then selling for
               | significant sums.
               | 
               | IDK, but it's bound to happen eventually, one way or the
               | other!
               | 
               | I think we're in the very early stages for something that
               | will change the power dynamics in social media
        
             | bosie wrote:
             | > legal issues when it comes to money being send to people
             | 
             | how is the mode of sending money the problem here?
        
               | csdvrx wrote:
               | The mode is a problem when sending fractions of cents
               | (the elusive micropayments), but the core problem is
               | sending money in the first place.
               | 
               | Giving people that's not money comes with fewer
               | administrative burden - and even less if it's digital.
        
           | JaimeThompson wrote:
           | Crypto is important because those invested in crypto have to
           | keep growing the market to find new people to buy they stuff
           | they own.
        
         | anthony_r wrote:
         | This is exactly what YouTube does already. In fact I see no
         | reason why Twitter couldn't spill ad money to the content
         | (tweet) creators within the next year or two, creating a
         | similar ecosystem. Maybe the value attributable to individual
         | creators would be too small? Videos are quite a bit bigger than
         | tweets (in terms of what matters most, the eyeball time), after
         | all.
        
         | zemvpferreira wrote:
         | Why would crypto be the missing piece to micro-monetization?
         | You had me till that paragraph but there's no reason Reddit
         | can't pay contributors in cents per thousand likes if currency
         | is really the bottleneck. If it can be properly valued, it can
         | already be properly paid.
        
           | csdvrx wrote:
           | > Why would crypto be the missing piece to micro-
           | monetization?
           | 
           | Accounting fees, laws regarding employment, the "tiny
           | problem" of child labor...
           | 
           | Something I've found very interesting on reddit gaming subs
           | is how a lot of gamers easily admit they use Bing simply
           | because it gets them a free gamepass every month.
           | 
           | Could Microsoft give them an equivalent amount of money?
           | Maybe, but the costs in red tape alone would eat a lot of
           | what they'd get.
           | 
           | A gamepass paid by Microsoft rewards points achieve the same
           | thing, without having to consider the legality of say whether
           | compensating someone below 18 to use a search engine could
           | constitute child labor.
           | 
           | Microsoft has tried to shove Bing down people throats using
           | various strategies, but this one works! I see it as one early
           | type of micro-monetization, and crypto as what will enable
           | that for most companies who can't mint xbox gamepass :)
        
             | hannasanarion wrote:
             | > Accounting fees, laws regarding employment, the "tiny
             | problem" of child labor...
             | 
             | And you think that crypto has no fees, that it can't be
             | taxed, and that children can't get it?
        
               | csdvrx wrote:
               | > And you think that crypto has no fees, that it can't be
               | taxed, and that children can't get it?
               | 
               | I think that companies rolling their own (or adopting low
               | fee ones) can mitigate all this - along with making these
               | problems other people problems (capital gains -> you, KYC
               | -> exchanges!)
               | 
               | Oh, and BTW:
               | 
               | > that it can't be taxed
               | 
               | It's interesting you're shoving these words in my mouth
               | :)
               | 
               | I guess it goes with the usual irrational crypto hate
               | that often flies here... but FWIW, I think reddit may be
               | more concerned with the legal implications of paying cash
               | (W9, and OMG the paperwork, accounting etc.)
               | 
               | Imagine how much worse it would be for reddit at scale
               | (friction!)
               | 
               | About taxes, for a coin, it's up to the individual to
               | declare what they did with that they received, or the
               | parents of said individual :)
               | 
               | Then no need to bother with age checks or expose yourself
               | to potentially thorny contractual or PR issues (ex:
               | parents monetizing their kids' videos on youtube)
               | 
               | Your hate for all things crypto may prevent you from
               | noticing the huge opportunities that await given the
               | various problems it solves, and which may be all that's
               | needed to create the missing market here.
        
               | saltminer wrote:
               | I don't see how this solves any problems.
               | 
               | How would this hypothetical reddit coin work? Does reddit
               | mint them or do the users have to buy them? How are they
               | distributed? (e.g. based on interaction vs awarded by
               | users)
               | 
               | If this is to be a payment system, then these coins have
               | value, value which can be taxed. Sure, meeting up with
               | some dude and paying cash might avoid it, but the success
               | of Coinbase shows convenience is king, and the
               | demographics of reddit are far different than the initial
               | Bitcoin crowd, so these exchanges would pop up much
               | sooner. Even if reddit manages to dodge the tax situation
               | by minting coins themselves (vs charging sales tax on
               | purchased coins), the tax man will be more than happy to
               | collect records from exchanges.
               | 
               | You may be right in that distributions of virtual coins
               | may not fall under any existing labor regulations, but I
               | don't see that as a good thing. "Just think how much
               | money we could save by skirting labor laws through paying
               | people in crypto" is only a win for the employer.
               | 
               | But even if these coins have no real value and can only
               | be used on reddit for virtual goods reddit wholly owns
               | (e.g. reddit gold), considering how people farm karma, a
               | meaningless virtual number, I can only see more perverse
               | incentives being created for those running repost bots.
               | 
               | Edit: Much has been said about the state of Youtube
               | monetization over the years and how infuriatingly often
               | that yellow "limited/no ads" icon appears for seemingly
               | no reason, about the drop in payouts, abuse of copyright
               | claims, and how some people take advantage of the system
               | (see: Dan Olson's video "Weird Kids' Videos and Gaming
               | the Algorithm"
               | https://www.youtube.com/watch?v=LKp2gikIkD8). But despite
               | all this, I think the current state of Youtube would be
               | more fair than a hypothetical reddit monetization scheme,
               | and most micropayment schemes I've read about for that
               | matter.
        
               | hannasanarion wrote:
               | > I guess it goes with the usual irrational crypto hate
               | that often flies here... but FWIW, I think reddit may be
               | more concerned with the legal implications of paying cash
               | (W9, and OMG the paperwork, accounting etc.)
               | 
               | "irrational crypto hate" says the guy who doesn't think
               | that there are any tax forms involved at all when paying
               | people for work in-kind using volatile securities.
        
               | csdvrx wrote:
               | Well, double down on tax stuff all you want, I replied
               | fairly to your biased views.
               | 
               | Your answer makes me think you're missing the forest for
               | the trees if you still refuse to see the reduction in
               | paperwork and the gains from automating/internalizing
               | some stuff that most companies can't do (Microsoft can
               | mint gamepass, what about you?)
        
             | zemvpferreira wrote:
             | I've gone from not giving a shit about crypto to being
             | repulsed by it because of comments like this. Using smilies
             | to convey the benefits of using shitcoins to skirt around
             | child labour laws? Employment laws? And proper
             | accounting/taxation? Thanks but not interested.
        
               | csdvrx wrote:
               | > Using smilies
               | 
               | Is the problem the form, or the message?
               | 
               | > And proper accounting/taxation?
               | 
               | Interesting, here's yet another person shoving words in
               | my mouth!
               | 
               | Nowhere in the above or anywhere else did I even suggest
               | people shouldn't pay the taxes they owe if they make
               | capital gains.
               | 
               | And FWIW, taxes are a very small problem in the grand
               | scheme of things: my core argument is about reducing
               | friction, which may allow a missing market, even for
               | companies that are not at the scale of Microsoft and
               | can't mint a gamepass.
        
         | _fat_santa wrote:
         | > Sooner or later, I think companies like twitter or reddit
         | will want to "lock in with golden handcuffs" their most
         | valuable writers, those who result in precious ad money
         | eyeballs.
         | 
         | Reddit already "pays" their writers, they pay them in upvotes.
         | But seriously though, that's how places like Reddit get their
         | content. You want to post because you think "people might like
         | this", and "I might get a ton of upvotes" and "I might even get
         | some awards". Now all of these things are completely worthless,
         | but the point is to trick your brain into thinking those things
         | hold value in an attempt for you to post.
        
           | csdvrx wrote:
           | > Reddit already "pays" their writers, they pay them in
           | upvotes
           | 
           | Good enough for now, but then it's a high status zero wage
           | job :)
           | 
           | > Now all of these things are completely worthless, but the
           | point is to trick your brain into thinking those things hold
           | value in an attempt for you to post.
           | 
           | Think further: not _if_ but _when_ a company comes with a
           | good way to exchange this social capital for more traditional
           | financial capital, it will crush those who don't allow that.
        
       | woopwoop wrote:
       | If you are going to pay for something, you want to pay for it in
       | money if at all possible. Social problems arise when you pay for
       | your spot on the road with your willingness to sit in traffic
       | instead of a congestion fee. When you pay journalists in
       | attention instead of cash. When you pay politicians in power
       | instead of cash.
       | 
       | I think that in the case of journalism the problem is the
       | hardest. I disagree with the author that the problem can just be
       | solved by people doing local journalism. That pays less in both
       | money and attention. The bottom line is that good journalism is a
       | public good in an extremely strong sense, and is very unlikely to
       | be provided by the market. But obviously the government employing
       | an army of journalists is not any kind of solution either.
       | Whereas we could much more easily implement congestion pricing,
       | or pay politicians more money.
        
         | zozbot234 wrote:
         | Let people crowdfund good-quality journalism/blogging/policy
         | work. Patreon and GoFundMe are good first starts at the
         | problem, but of course their political bias is highly
         | problematic. If anything, it is all the more urgent to fund
         | high-quality work on the _other_ side of the political spectrum
         | - surely they deserve way better than their current focus on
         | Trumpism and anti-vaxx protests!
        
         | Jiro wrote:
         | >Social problems arise when you pay for your spot on the road
         | with your willingness to sit in traffic instead of a congestion
         | fee.
         | 
         | On the other hand, it's a lot easier for a bureaucrat to siphon
         | off a congestion fee to fill his own pockets or his friends'
         | pockets, than it is to fill his pockets with "willingness to
         | sit in traffic".
        
       | carlmcqueen wrote:
       | If journalism is similar to art, this seems obvious. When we
       | consider the many classical periods of art, we see that the
       | majority of the artists lived in the same location, knew each
       | other, and had the same circle of funders for their work. It is
       | essential to be able to compete with someone on your level.
        
       | drnonsense42 wrote:
       | At the very start of the article, I was deathly afraid the author
       | would conclude these people should be paid more. Most of the
       | white (not going to sugar coat this) liberals in Brooklyn don't
       | actually have any firm values of their own; they're just floating
       | along with the cultural tide and trying to fit into the bubble.
       | If they had their own money, they would definitely shut up more-
       | whether or not they contribute anything to society and deserve
       | more is a separate question.
        
         | malandrew wrote:
         | The main reason I want them to be paid more has nothing to do
         | with deserving more. The overwhelming majority of journalists
         | certainly don't do work that deserves higher pay. The problem
         | with the low pay is that they become highly prone to viewing
         | the world as much worse than it is and sowing discontent. A
         | financially comfortable journalistic class that feels the
         | weight of taxes is more likely to defend hard work and keeping
         | the fruits of their labor instead of arguing for an ever larger
         | unaccountable and ineffective government apparatus to fix
         | problems that they could fix themselves with their own money.
        
           | drnonsense42 wrote:
           | Yes- that's roughly what I'm saying as well - they would shut
           | up more if they were beholden to a corporation that feeds
           | them a lot more. I conclude differently than you in that I
           | take issue with what I interpret to believe would be society
           | bribing them to achieve this outcome. Many of them have a
           | deeply negative impact on society, so it sounds like paying
           | off someone to stop a temper tantrum, which is a hard pill to
           | swallow for me.
        
           | scandox wrote:
           | > they become highly prone to viewing the world as much worse
           | than it is and sowing discontent
           | 
           | So pay them to keep them sweet so they can accurately portray
           | people's live back to them as being wonderful?
           | 
           | I don't think it takes poorly paid journos to "sow
           | discontent". The fact is people need their material needs met
           | and a sense of self-respect to be content. Many people really
           | do not have those 2 things.
        
         | heavenlyblue wrote:
         | > Most of the white (not going to sugar coat this) liberals in
         | Brooklyn don't actually have any firm values of their own and
         | are just trying to fit into the bubble.
         | 
         | Arguably neither do most of the Christians
        
           | drnonsense42 wrote:
           | I am definitely not a Christian but I find that statement
           | blatantly ridiculous and counterfactual. A Christian will
           | hold a firm set of values for their entire life, whether or
           | not they actually practice those values (not a Christian-
           | specific problem). The average Brooklyn liberal will give
           | Lindsey Graham or Biden a run for their money on flip
           | flopping as the breeze changes.
        
             | amcoastal wrote:
        
               | drnonsense42 wrote:
               | This reads more like a haphazardly-inserted, boring and
               | vanilla anti-Trump virtue signal rather than a thoughtful
               | critique on Christian values.
        
               | [deleted]
        
             | kcb wrote:
             | Meh Christian values are not so well defined
        
             | kuhewa wrote:
             | The only value they necessarily hold is that faith alone
             | yields salvation, i.e. fuck up all you want if you ask for
             | forgiveness. maybe you can include some obvious ones like
             | 'dont murder'.
        
             | dragonwriter wrote:
             | > I am definitely not a Christian but I find that statement
             | blatantly ridiculous and counterfactual.
             | 
             | I am a Christian, and stop trying to use Christians as a
             | target of the "noble savage" trope.
             | 
             | > A Christian will hold a firm set of values for their
             | entire life
             | 
             | Not more likely than anyone else.
             | 
             | > whether or not they actually practice those values
             | 
             | If a belief you state doesn't guide your decision-making,
             | it's not a value just a PR position.
             | 
             | But Christians also, while remaining Christians, can drift
             | around a pretty broad space of even public moral positions.
             | 
             | > The average Brooklyn liberal will give Lindsey Graham or
             | Biden a run for their money on flip flopping as the breeze
             | changes.
             | 
             | It's interesting that the people you use as touchstones of
             | flipflopping, despite your claim that Christians are
             | universally steadfast, are both Christians.
        
         | necrotic_comp wrote:
         | What does it mean "don't have any firm values of their own" ?
         | What kind of example can you provide ?
        
           | spaetzleesser wrote:
           | A lot of people pick teams and shape their values based on
           | what the team tells them. You see that a lot in political
           | parties. When "their" party pushes for something their
           | supporters are for it. When the "other" party pushes
           | something they are automatically against it. Same with the
           | latest calls for censorship. People would be outraged if the
           | "other" side had called for censorship but if "their" side
           | calls for censorship they support it. Also see allegations
           | about sexually abuse. People's level of outrage about
           | allegations is usually closely correlated with how much they
           | agree with the person otherwise.
        
           | h2odragon wrote:
           | An example might be someone who once said "Labeling records
           | for language is fascism!" but now fully supports blocking the
           | distribution of content _they_ now find offensive.
           | 
           | Some people cannot see the contradiction, to them it seems a
           | matter of "but thats what _we want_ " alone.
        
         | iqanq wrote:
         | >Most of the white (not going to sugar coat this) liberals in
         | Brooklyn
         | 
         | Define white. :)
        
           | drnonsense42 wrote:
           | In this context, people born in the US who circle Caucasian
           | when filling out their college applications honestly, and
           | this Brooklyn white journo caste is typically middleclass+.
        
       | yazboo wrote:
       | This doesn't cohere into an argument, its like a loose pile of
       | grievances and suppositions about...who, exactly?
       | 
       | For easier scanning I've extracted this author's ideas as to what
       | constitutes "heresy":
       | 
       | - Accusations of politicians and celebrities
       | 
       | - Cheap pablum for frothing basement trolls and listicles of
       | reasons never to let your kids leave the house
       | 
       | - Election conspiracy theories
       | 
       | - A new expose on why red wine and chocolate will cure Covid
       | 
       | - Corporate public relations expressing the deepest committment
       | of the NFL to protect everyone and only good from here on out
       | 
       | Do these things sound at all similar to each other, like they
       | would be produced by a homogenous group of people? Does it sound
       | reasonable that these things are produced by low-paid writers in
       | Brooklyn due to the financial pressures of middle age? As far as
       | I can tell, the progressive unionized sports writers of Brooklyn
       | have been more vocal than anybody against the public relations
       | arm of the NFL, to take one example.
       | 
       | I wonder if the unidentified group of people this guy has a
       | problem with - who do the "progressive cosplay" and produce
       | "little in the way of insight or information" - are even that low
       | paid. Journalism on the whole doesn't pay well, but some national
       | outlets in NYC really do! Unfortunately, this article has no
       | insight or information on the topic.
        
       | [deleted]
        
       | jonnycomputer wrote:
       | I think one of the dangers is that it will ultimately lead to
       | discontent, and all of the consequences of that.
        
       | bwestergard wrote:
       | "If you're curious why unionization has taken the journalism
       | world by storm the last few years, you don't have to look to
       | politics or in-group signaling for an explanation, basic
       | economics will get you all the way there.... You reduce quantity
       | of labor supplied and end up with higher equilibrium wages for
       | those who manage to get their foot in the door. Of course, this
       | will only heighten the favoring of those who can get their foot
       | in the $3200/mo Brooklyn rent door while dressing fashionably and
       | using "semiotics" correctly in a sentence, but that's neither
       | here nor there."
       | 
       | This is a cute theory, and tickles some people's ideological
       | fancy. But if the author had done more research, they would know
       | where the CWA-NewsGuild is actually doing most of its new
       | organizing (hint: not New York), what sorts of contract articles
       | they bargain around hiring, and what the status quo in non-union
       | newsrooms is.
       | 
       | In brief, the Guild has been organizing tons of local newspapers
       | in small cities and rural areas, particularly those bought up by
       | private equity firms who want to cut the newsroom to the bone.
       | They bargain contract articles that curb the nepotistic in-group
       | hiring practices common at non-union papers.
       | 
       | Source: I'm a former NewsGuild member, but at a software company,
       | not a newspaper.
       | 
       | Take a gander at the NewsGuild president's twitter account and
       | you'll see many examples of these campaigns:
       | https://twitter.com/gaufre
        
         | ekanes wrote:
         | Please ignore if this takes us off-topic, but is this a case
         | for micropayments, done via cryptocurrency? Because I think a
         | successful implementation of micropayments might solve for
         | this.
         | 
         | I don't want to subscribe to any regular news, but I'd be happy
         | to click a button that gives $.25 to the author/site.
         | 
         | That doesn't work with CC fees, but if micropayments done via
         | crypto (there are many with low/no transaction costs).
        
           | khalladay wrote:
           | I could be misremembering, but this seems like an idea that's
           | been tried (and failed before). I have a memory of a service
           | whose pitch was that you'd load funds into an account (a 1
           | time large transaction to get past the CC fees), and then
           | individual sites could request micropayments from that
           | account balance. No crypto then of course, but I'm not sure
           | adding crypto makes this idea functionally different from how
           | it looks without it.
           | 
           | I could be totally off my rocker, but I'm pretty sure I
           | remember this from sometime around the early 2010's ?
        
             | azza2110 wrote:
             | I think you are talking about Blendle which up until a few
             | years ago let you pay by the article for many major
             | newspapers and magazines.
             | 
             | I miss it.
        
             | fragmede wrote:
             | The failure in the 2010s, is due to (lack of) network
             | effects (from lack of participation), among other things.
             | Crypto doesn't necessarily solve this but things like the
             | Solana cryptocurrency enable solutions built on top of it.
        
             | ryandrake wrote:
             | I think the point is that nobody wants to make some
             | account, then pre-load that account with money, and then
             | wonder what the balance is, etc. etc. etc. Yuck! If this
             | problem is going to be properly solved, someone has to
             | solve the [evidently very hard] problem of being able to
             | send $0.25 over the Internet without all these accounts and
             | without getting overwhelmed with fees from the banking
             | establishment.
             | 
             | If we had a magic wand, and there were no technical,
             | business, or security constraints, what would the ideal
             | micropayment system look like? A button on the web page
             | that, when I press it, sends $0.25 from my bank account to
             | the web site. Isn't something like that the holy grail? No
             | need to "have an account" at the web site, and "have an
             | account" with the payment processor or pre-load things with
             | funds or any of that garbage. I already have a bank
             | account, why do I need a handful of other accounts all over
             | the place?
             | 
             | There's the UX. I think it would be successful. But nobody
             | has managed to build it yet.
        
               | ghaff wrote:
               | Back in the dot-com era (and maybe since), there were
               | some startups in the micropayments space.
               | 
               | >If we had a magic wand, and there were no technical,
               | business, or security constraints, what would the ideal
               | micropayment system look like? A button on the web page
               | that, when I press it, sends $0.25 from my bank account
               | to the web site.
               | 
               | That sounds like exposing my bank account quite a bit too
               | freely. The obvious approach is that you have an account
               | with someone who collects the money and distributes it--
               | and yes it would probably be prepaid.
               | 
               | In any case, if there were a demand the technical and UX
               | problems can be overcome. The bigger issue, other than
               | establishing the network, are getting people to actually
               | pay per article--given that we've mostly moved to all you
               | can eat subscriptions for other media--at an amount that
               | would actually pay the bills. And in light of the fact
               | that a lot of people don't want mental transaction costs
               | to decide if reading an article is worth it every time
               | they want to read something. (Which Clay Shirky brought
               | up 20 years ago.)
        
               | marmadukester39 wrote:
               | See Iota - the only zero fee crypto with realistic
               | ambitions for supporting smart contracts.
        
               | tbrownaw wrote:
               | > _I think the point is that nobody wants to make some
               | account, then pre-load that account with money, and then
               | wonder what the balance is, etc. etc. etc. Yuck!_
               | 
               | Those free-to-play phone games seem to survive ok while
               | making players pre-load a balance before they can buy
               | their in-game advantage items with it.
        
               | itronitron wrote:
               | As long as the reader needs 'an account' this will never
               | take off. There should be some way to load money into my
               | computer and then drag a quarter or half dollar coin onto
               | an article that I want to read.
               | 
               | The only information that needs to transfer is the coin's
               | value. There is absolutely no need for any account
               | information to propagate off of my computer. But the
               | current state of the internet basically guarantees that
               | the most syphilitic tech whore lead is going to shout
               | from the mountain tops who paid what to view which
               | article and then carve it into stone which is
               | subsequently dumped into a landfill.
        
               | meetups323 wrote:
               | This is what Web3 is supposed to be. "Want to store some
               | data? Just pay the market rate for data storage!" Of
               | course they chose the most expensive and unwieldy data
               | storage mechanism imaginable.
               | 
               | Inb4 "but X chain is so cheap!", all chains are cheap
               | until they're popular. Make a chain that gets
               | faster&cheaper to commit on as the amount of compute on
               | it increases (as you would expect... pretty much any CS
               | thing to work) and you've solved web3. Oh but then the
               | asset is inherently inflationary and people care more
               | about getting in on the next big hockey stick than sound
               | financial instruments. So... there you have it.
        
               | thebean11 wrote:
               | The blockchains you are thinking of were never meant to
               | be data storage layers. The proof-of-storage chains (at
               | least, the ones that store "real" data) are much more
               | reasonable, check out prices for storage on FileCoin.
               | 
               | The distinction here is that nodes publish proof that
               | they have data stored on chain, rather than publishing
               | the data itself on chain.
        
               | meetups323 wrote:
               | Yep, proof of storage is the only way forward as far as
               | I'm concerned. At least of the currently available
               | options. But they aren't great for representing a ledger.
               | Some sort of hybrid is needed.
        
               | [deleted]
        
           | agentdrtran wrote:
           | This has been trialed several places before and never taken
           | off, the type of people willing to engage in micropayments at
           | all, but who will never subscribe at any price point, seems
           | to be quite small.
        
             | nonameiguess wrote:
             | Not entirely true. There are a few porn sites that have had
             | success moving away from "all scenes access" subscription
             | models to load up an account and purchase individual scenes
             | from the pool models. And, of course, services like
             | Clips4Sale have always worked this way. I suspect it would
             | work well enough for any kind of cross platform video on
             | demand service, not just adult, but no such thing exists
             | right now because streaming providers largely don't work
             | with each other the way porn providers do, preferring to
             | own both the content and the platform.
             | 
             | Another part of this is I guess the payments aren't really
             | "micro" in the video case, as filmed scenes are more
             | expensive to produce and more valuable to consume than most
             | written articles, so they can charge more per scene than
             | anyone would ever pay per article.
        
           | ptman wrote:
           | https://webmonetization.org/ the transactions need to
           | batched, e.g. once per month
        
           | nemothekid wrote:
           | If you have a paywall, a subscription works a lot better. If
           | you don't, ads have a better CPM than donations.
        
         | scarface74 wrote:
         | Don't you think you're just postponing the inevitable?
         | Newspapers historically made most of their money from the
         | classifieds when most people are using Facebook and Craigslist
         | and the like.
         | 
         | Then you have the fact that "only old people buy newspapers"
        
           | mchanson wrote:
           | Everyone is always delaying the inevitable. It is the only
           | thing anyone can do. None of us (or our companies) are
           | getting out of this alive.
        
             | scarface74 wrote:
             | The difference is that millions of people aren't going to
             | wake up one morning and say they want to start buying
             | physical newspapers.
        
             | throwaway2037 wrote:
             | I had a similar reaction when I read the grandparent post.
             | Could we not say the same about most retail shops and
             | people who work at them? "Bah, why bother? In the long run,
             | you will all be replaced with robot pickers in an Amazon
             | warehouse." And yet, the retail "experience" continues to
             | innovate / find / create experiences that people cannot
             | have with pure online shopping.
        
               | scarface74 wrote:
               | Would you invest in either a bookstore or a big retail
               | shop in a mall today?
        
           | bwestergard wrote:
           | In the U.S., the gutting of newsrooms has largely already
           | happened, with disastrous consequences for democracy. There
           | is simply too little actual investigative journalism,
           | particularly at the local level, being done today. There are
           | too few independent newsrooms.
           | 
           | Consider that this was already a plotline in the early 2000s
           | TV show "The Wire", written by former Baltimore-Sun reporter
           | (and NewsGuild member) David Simon.
           | 
           | The papers being organized are those that found a business
           | model that works to a degree. The fight now is largely about
           | whether their owners will continue to operate real newsrooms,
           | which requires employing journalists at a living wage and
           | having a fairly long time horizon for investment, or whether
           | they will become essentially hollow brands with little
           | original content.
           | 
           | But to your point: yes, the broader political question of how
           | the fourth estate is funded in the U.S. remains unresolved
           | for now.
        
             | WesternWind wrote:
             | There's also been a huge rise of non profit journalism.
        
             | brimble wrote:
             | I don't think folks appreciate just how tetering-on-the-
             | edge local corruption already was before local newspapers
             | started to die. Expect to see a lot more crazy stories
             | coming out when small towns and small cities go so far into
             | private-fiefdom territory that someone outside notices. The
             | _only_ remaining significant bulwark to ruining-the-country
             | levels of corruption is state auditors--and that 's if
             | they're not corrupt themselves.
             | 
             | Larger cities may be OK a little while longer since they
             | usually still have _some_ local investigative reporting.
             | 
             | It's one of several reasons I'm no longer sure the Web is
             | compatible with healthy democracy.
        
               | WesternWind wrote:
               | One thing I have read about though, is that, since unlike
               | radio or tv stations there is no real regulator of who
               | owns how many websites, conservative media networks are
               | creating news sites for towns using a local contractor
               | for local stories, and then having national or
               | international stories be presented with a conservative
               | slant.
               | 
               | https://www.niemanlab.org/2020/07/hundreds-of-
               | hyperpartisan-...
        
             | webdoodle wrote:
             | > But to your point: yes, the broader political question of
             | how the fourth estate is funded in the U.S. remains
             | unresolved for now.
             | 
             | It's been funded by for profit organizations, that have a
             | vested interest in controlling what is newsworthy and what
             | is ignored, and who gets discredited and maligned. Unbiased
             | news died with Operation Mockingbird in the 60's and it's
             | corpse has been dancing along like Weekend at Bernie's.
        
             | throwaway2037 wrote:
             | Thank you to post about this important issue. The demise of
             | diversity in news sources is that local politics will lose
             | its Fourth Estate (media) that acts as a check-and-balance.
             | National politics will continue to be closely monitored by
             | national papers. To all readers of any nationality: This
             | issue will affect any democracy that sees a sharp decline
             | in local news sources.
        
             | mcculley wrote:
             | I would love to buy a subscription to a newspaper. As far
             | as I can tell, nobody wants to sell me one without ads and
             | trackers. It does not appear there is a big enough market
             | for a publication that serves the interests of subscribers.
             | 
             | I canceled all of my subscriptions after asking politely
             | that they do something about the third party tracking.
        
             | tharne wrote:
             | I think a big part of the problem with funding the news is
             | the way papers handle online payments. I would happily pay
             | a dollar or two to have online access to the NY Times, WSJ,
             | or even my local town paper for a day. What I absolutely do
             | not want to do is spend $500+ on 3 or more subscriptions
             | that I will not read, or not read much of, on most days.
             | For papers that still have a print edition, you can buy the
             | day's paper. I don't know why you can't do the same thing
             | online.
        
               | tsunamifury wrote:
               | You misunderstand. The subscriptions are not the key to
               | revenue. The dollar even per article would be even less
               | so. They are qualifiers for the ad demographic.
        
               | chaostheory wrote:
               | The "qualifiers" are way too high for anyone who isn't
               | from the boomer generation. I can afford it, but I cannot
               | justify it.
        
               | wbsss4412 wrote:
               | The NYTimes seems to be doing quite well on subscription
               | revenue.
        
               | Master_Odin wrote:
               | The NYT has subscribers across the country (and beyond)
               | as it covers broad US and world events. I doubt a local
               | paper that principally covers local/state news will have
               | that same reach.
        
               | ghaff wrote:
               | The NYT, WSJ, FT, The Economist, and maybe a few others
               | have a national and international (to greater or lesser
               | degrees) audience who are willing to pay $100/year or so
               | for a subscription. That's a much tougher sale when your
               | audience is almost entirely just, say, Philadelphia.
        
               | wbsss4412 wrote:
               | And for the same reason, local papers are going to have
               | paltry ad sales.
               | 
               | At the end of the day, none of this looks good for local
               | news, but that doesn't been that subscription sales
               | aren't a viable business model to some degree.
        
               | PaulDavisThe1st wrote:
               | Not sure why people are downvoting you. Here are some
               | numbers from Feb 2021:
               | 
               | > Total subscription revenue in 2020 was up 10 percent,
               | to $1.195 billion.
               | 
               | > Total ad revenue at The Times fell 26 percent in 2020,
               | to $392.4 million.
               | 
               | > Adjusted operating profit rose 1.4 percent from the
               | fourth quarter of 2019, to $97.7 million, and 0.9 percent
               | over the year, to $250.6 million.
               | 
               | https://www.nytimes.com/2021/02/04/business/media/new-
               | york-t...
        
               | autokad wrote:
               | 1/3 of their revenue from ads is a lot. especially since
               | the ads are probably high margin
        
               | llbeansandrice wrote:
               | Just because the NYT was successful doesn't mean that
               | model translates at all to local independent newsrooms.
               | It doesn't even necessarily translate to other large
               | national news papers.
               | 
               | The resulting problem is exactly why people complain
               | about too many streaming services. You could easily have
               | to juggle national, state, and various local-level
               | subscriptions. Maybe multiples at every level. Plus any
               | other publications specific to other hobbies or interests
               | you might have.
               | 
               | Just because it works once, doesn't mean it will work for
               | everyone.
        
               | PaulDavisThe1st wrote:
               | I absolutely agree. I've had some conversations with my
               | local paper, the Santa Fe New Mexican about this, since
               | their subscription cost seems sort of absurd for the
               | value. They point out (correctly, IMO) that the really
               | small upper bound on their potential subscriber base
               | really forces their hand a lot, a problem that the NYT
               | does not face and likely never will (given its national
               | and international reach).
        
               | wbsss4412 wrote:
               | I mean, the ad model doesn't seem to be working all that
               | well for local news rooms _either_.
               | 
               | My point was simply to show a counter example that news
               | _must_ survive off of ad revenue.
               | 
               | The old model of subscriptions covering cost of
               | production + ads delivering the profits is just dead.
        
               | llbeansandrice wrote:
               | I see your point, but I don't think it's a good counter-
               | example. News needs a new paradigm entirely most-likely.
               | The NYT isn't "the news" and the only options seem to be
               | subscriptions and/or ads. For smaller operations, the
               | problem gets a lot harder a lot faster since there's an
               | upper-bound on the number of people they serve.
        
               | wbsss4412 wrote:
               | > The NYT isn't "the news"
               | 
               | I'm not sure what you mean by this.
               | 
               | At the end of the day, I think the answer is that local
               | news rooms just aren't going to be viable, by and large.
               | This is a consequence of a century long trend to begin
               | with.
               | 
               | The way I see it, either you have a broad enough reach,
               | or you have to niche yourself into the broader content
               | generation ecosystem. Local news publishing that just
               | reprints of AP stories or talking about some new pop
               | health study of the week isn't going to survive. To the
               | degree that local investigative journalism is valuable,
               | it's going to have to find an entirely new model to
               | sustain itself.
        
               | marmadukester39 wrote:
               | Or, more likely, simply die, and take fair local
               | government with it.
        
               | foolinaround wrote:
               | Is 'fair local government' correlated to the presence of
               | robust local media? Seems like a sad state of affairs if
               | that is indeed the case..
        
               | eastWestMath wrote:
               | I feel like the NYTimes could take more papers under its
               | subscription - e.g. give subscribers the option to bundle
               | in a state and municipal paper, that the NYTimes
               | essentially vets as a local affiliate (I'm guessing this
               | would probably lead to substantial overhead on their end,
               | though).
        
               | filmgirlcw wrote:
               | The New York Times is the only legacy media company to
               | successfully pivot into digital, and pivot properly at
               | that. In 2014, an internal innovation report [1] laid out
               | the challenges the Times faced and what it needed to do
               | to be successful. To the Times' immense credit, it
               | succeeded and then some. I worked at a digital
               | publication that was cutting edge on the types of digital
               | and audience engagement work the the Times was trying to
               | chase and used to say that "we are trying to become the
               | New York Times before the Times becomes us." And in 2016,
               | we had layoffs and the company "pivoted to video," and as
               | I said to some colleagues the night of the layoffs (I was
               | spared but many other were not), the Times won. (The
               | pivot didn't work and the company would sell for 1/5 of
               | its valuation 18 months later. But at this point I'd just
               | left media for tech.)
               | 
               | The Times is the exception. It's the Apple amidst a sea
               | of Commodores and Ataris and DECs. The Times is the
               | exception and is exceptional as a business reinvention
               | story, but it is the outlier, not the norm.
               | 
               | (The Journal has always had a paywall (even in the mid
               | 1990s when it sold digital editions over dial-up), tho
               | its porousness has ebbed and flowed, and as such, has
               | never had the same degree of challenges that faced local
               | papers or the national papers like the New York Times,
               | WaPo, and the LA Times)
               | 
               | [1]: https://www.scribd.com/doc/224608514/The-Full-New-
               | York-Times...
        
               | rjsw wrote:
               | > The New York Times is the only legacy media company to
               | successfully pivot into digital, and pivot properly at
               | that.
               | 
               | How about the Financial Times or The Economist?
        
               | filmgirlcw wrote:
               | The Economist is so small (staff of 75 writers, not sure
               | how large the whole organization is but it's still very
               | small) that I don't think it counts the same way
               | something like the Times counts. That isn't to take
               | anything away from The Economist, but a magazine isn't
               | the same scope, to me. Especially since the magazine has
               | changed hands a few times. And if I'm going to be
               | brutally honest, The New Yorker is actually the magazine
               | that has adapted to digital the best and if it were its
               | own business and not one of the things propping up Conde
               | Nast, I'd list it alongside the Times.
               | 
               | (Thinking about it more, The Atlantic is close to
               | successfully pivoting but I don't know if I can say it
               | has done it quite yet. And again, it had to sell itself)
               | 
               | FT is a fantastic newspaper but I think it's much more
               | akin to WSJ, where its paywall and subscriber base
               | insulated it from the challenges than a lot of other
               | papers. But that's a good call-out as a paper that has
               | done its part to pivot like the Times has. (It has also
               | been sold, which isn't necessarily a bad thing but is
               | worth noting).
               | 
               | The Times, to me, is unique in that it's investment in
               | its tech has been as significant as it has. And not just
               | for the apps like Cooking and Games, but the commitment
               | to the full stack within its storytelling, its video, its
               | audio. It is really remarkable from a product
               | perspective, as much as from a journalism perspective.
               | The core product it offers is still news, but it has
               | managed to really change the medium and packaging of its
               | offerings in a very demonstrable way.
        
               | stephenhuey wrote:
               | I'm glad they were able to figure that out, and now the
               | question that arises in my mind is whether there is any
               | hope for finding a model that props up local
               | investigative journalism. Even if all those local news
               | organizations became non-profits and had access to a very
               | effective digital media platform that made it effortless
               | to produce online content (including mobile-friendly
               | functionality), and maybe even charge micro-payments for
               | some of the individual articles, would it be enough? Or
               | would it not work? Can they only survive if they do real
               | news while selling other stuff?
        
               | julienb_sea wrote:
               | WSJ has also pivoted quite successfully and maintains
               | pretty much the same operating model as NYT.
               | 
               | I realize these are basically the two highest profile
               | legacy news products, so broadly your point stands.
        
               | filmgirlcw wrote:
               | Totally, and WSJ never had the same challenges because it
               | never took down its paywall/had a different subscriber
               | profile/etc. But yes, those are the two that have managed
               | to stay successful and that's a testament to both of
               | their teams.
        
               | Veen wrote:
               | > The New York Times is the only legacy media company to
               | successfully pivot into digital, and pivot properly at
               | that.
               | 
               | I'm more familiar with the UK media market, where quite a
               | few legacy media publications have pivoted into digital
               | successfully. Whatever you think of the Daily Mail/Mail
               | Online, it's very successful. The Guardian is doing well
               | without a paywall (although it has a large endowment to
               | sustain it). Smaller publications such as the Spectator
               | (which is about legacy as it gets) are doing well with a
               | digital subscription model. And then there's The
               | Economist, of course.
        
               | filmgirlcw wrote:
               | I think the Daily Mail is a good example and this is a
               | reminder to never speak in absolutes.
               | 
               | That said, I don't think any of those other examples
               | pivoted the way the Times pivoted. The Times didn't just
               | digitize the newspaper or combine the newsrooms. It
               | started to do real digital first and product first
               | investments. The Cooking app, the Games vertical, the
               | investment into audio and video, the tremendous
               | investment in data tools for its journalists for
               | multimedia storytelling (consider the impact of Snow
               | Fall, even a decade later).
               | 
               | The Daily Mail may have successfully managed
               | profitability, but I wouldn't put it on par with the
               | transformation that happened at The Times. The Times
               | looked at the innovation happening at BuzzFeed and
               | Mashable (where I worked for many years) and Vice and Vox
               | and has not just been able to compete with them, I would
               | argue that it has largely vested them. Whatever else you
               | think of their journalism, that alone, is nothing short
               | of remarkable. And I cannot think of another legacy media
               | company that has transformed itself the same way.
        
               | ekanes wrote:
               | Agreed, micropayments would be clutch here.
        
             | philwelch wrote:
             | The heyday of the newspaper also had disastrous
             | consequences for democracy, such as the Spanish-American
             | War.
        
               | seanicus wrote:
               | Lest we forget NYT being used as a mouthpiece for Dick
               | Cheney and forming the foundation of the invasion of
               | Iraq. I'll stump for the importance of journalism at any
               | level (esp. the local level) but the willingness of major
               | outlets to accept and regurgitate anything from
               | cops/3-letter orgs is absolutely confounding.
        
             | scarface74 wrote:
             | "Journalism" has never been good when it comes to covering
             | anything that didn't effect the White _middle class_.
             | 
             | Journalist reflexively took the word of the police
             | department and prosecutors and didn't believe minorities
             | when they complained about police misconduct. It was only
             | when everyone could film the police that it became
             | apparent.
             | 
             | On the other side, the rise of Trumpian populism came about
             | because everyone ignored rural White America including
             | journalist.
        
               | bnralt wrote:
               | I think Walter Lippmann covered this pretty well 100
               | years ago in his book Public Opinion (an excellent book
               | by the way, I highly recommend it). Newspapers get money
               | from the public through a hidden commodity tax by way of
               | advertisements. In order to get this to work, they need
               | to sell their circulation, and the value of the
               | circulation depends on the buying power of those in it.
               | As such, the goal of a newspaper has to be to keep it's
               | target audience happy by giving them what they want:
               | 
               | > Circulation is, therefore, the means to an end. It
               | becomes an asset only when it can be sold to the
               | advertiser, who buys it with revenues secured through
               | indirect taxation of the reader. The kind of circulation
               | which the advertiser will buy depends on what he has to
               | sell. It may be "quality" or "mass." On the whole there
               | is no sharp dividing line, for in respect to most
               | commodities sold by advertising, the customers are
               | neither the small class of the very rich nor the very
               | poor. They are the people with enough surplus over bare
               | necessities to exercise discretion in their buying. The
               | paper, therefore, which goes into the homes of the fairly
               | prosperous is by and large the one which offers most to
               | the advertiser. It may also go into the homes of the
               | poor, but except for certain lines of goods, an
               | analytical advertising agent does not rate that
               | circulation as a great asset, unless, as seems to be the
               | case with certain of Mr. Hearst's properties, the
               | circulation is enormous.
               | 
               | > A newspaper which angers those whom it pays best to
               | reach through advertisements is a bad medium for an
               | advertiser. And since no one ever claimed that
               | advertising was philanthropy, advertisers buy space in
               | those publications which are fairly certain to reach
               | their future customers. One need not spend much time
               | worrying about the unreported scandals of the dry-goods
               | merchants. They represent nothing really significant, and
               | incidents of this sort are less common than many critics
               | of the press suppose. The real problem is that the
               | readers of a newspaper, unaccustomed to paying the cost
               | of newsgathering, can be capitalized only by turning them
               | into circulation that can be sold to manufacturers and
               | merchants. And those whom it is most important to
               | capitalize are those who have the most money to spend.
               | Such a press is bound to respect the point of view of the
               | buying public. It is for this buying public that
               | newspapers are edited and published, for without that
               | support the newspaper cannot live. A newspaper can flout
               | an advertiser, it can attack a powerful banking or
               | traction interest, but if it alienates the buying public,
               | it loses the one indispensable asset of its existence.
               | 
               | Especially relevant today, with the number of
               | advertisement driven companies.
               | 
               | Also from the book, how newspapers will often let
               | erroneous stories die rather than correcting them and
               | angering passionate readers:
               | 
               | > The more passionately involved he becomes, the more he
               | will tend to resent not only a different view, but a
               | disturbing bit of news. That is why many a newspaper
               | finds that, having honestly evoked the partisanship of
               | its readers, it can not easily, supposing the editor
               | believes the facts warrant it, change position. If a
               | change is necessary, the transition has to be managed
               | with the utmost skill and delicacy. Usually a newspaper
               | will not attempt so hazardous a performance. It is easier
               | and safer to have the news of that subject taper off and
               | disappear, thus putting out the fire by starving it.
        
           | Taylor_OD wrote:
           | > Newspapers historically made most of their money from the
           | classifieds when most people are using Facebook and
           | Craigslist and the like.
           | 
           | Really? I didnt know that. I assumed ad sales were how
           | newspapers made money.
        
             | scarface74 wrote:
             | https://www.minnpost.com/business/2014/02/how-craigslist-
             | kil...
             | 
             | I was off when I said "most"
             | 
             | > Newspaper classified advertising peaked in 2000 at $19.6
             | billion. In 2012, the most recent year for which data are
             | available from the Newspaper Association of America,
             | classified advertising was $4.6 billion -- a drop of about
             | 77 percent in barely more than a decade.
             | 
             | > In 2000, classified ads accounted for about 40 percent of
             | newspaper industry ad revenue. In 2012, classifieds made up
             | about 18 percent of the ad revenue in an industry that was
             | barely half the size it had been a decade earlier.
        
           | dv_dt wrote:
           | The only hyper local paper in my region that seems have
           | worked out a stable model, delivers to everyone free and is
           | the only outlet that covers local events.
        
       | AlexB138 wrote:
       | I'm not sure I would consider being a journalist a high status
       | job anymore. Trust in the press, and the prestige that goes along
       | with it, has been in a nose dive for years. It may just be my own
       | bubble, but even the old guard publications are seen as having
       | barely more integrity than the tabloids these days, and that goes
       | for both sides of the political spectrum.
       | 
       | I suppose journalists may still believe that have high status,
       | and that is the mechanism that really matters.
        
         | rossdavidh wrote:
         | I think the article's points about 'status' apply more to
         | 'status among your peers', yes.
        
         | YEwSdObPQT wrote:
         | It has been in a nose dive for "everyday" people. But there is
         | a whole section of society where they are treated as minor
         | celebrities. The number of those people are shrinking
         | (thankfully) but they are sizable enough for some journalists
         | to break out and make bank through their substacks e.g. Bari
         | Weiss is bringing in 800,000K a year via substack.
         | 
         | https://www.marketwatch.com/story/how-much-times-walkout-wei...
         | 
         | I don't think she is particularly interesting but a lot of
         | people do.
        
           | nostromo wrote:
           | Bari Weiss falls into the category "homogeneity creates
           | rewards to heresy" in the article.
           | 
           | Bari Weiss is heretical to mainstream journalism because she
           | has pushed back against CRT, mask mandates, etc.
           | 
           | Because she's a sane-sounding lefty that is voicing some
           | concerns that the left-wing media is afraid to touch, she has
           | found a great market for her content, just as the article
           | says.
        
             | YEwSdObPQT wrote:
             | Maybe. I get your point. I saw the clip of her on Bill
             | Marr's show that has been floating around. She has pushed
             | back when it was safe to do so. The tide was already
             | turning on that.
        
         | daniel-cussen wrote:
         | Well it's no different now than it ever was. If you want free
         | news, you could get that back in the day, there were these
         | terrible free newspapers. If you wanted a real newspaper you
         | had to pay. So can still get somewhat better news on the Wall
         | Street Journal, but for a price.
        
         | colinmhayes wrote:
         | I think that's a large part of the point though. The author is
         | claiming that journalists take the job because they believe it
         | is high status. When others disagree the journalists move near
         | each other so that they can circle jerk over their status
         | without the pesky normal people who disregard them.
        
         | _fat_santa wrote:
         | > I suppose journalists may still believe that have high status
         | 
         | It's how that "high status" is quantified. A journalist might
         | look at their twitter profile, see the blue checkmark, see
         | their 50k followers, and see their inbox filled with the ire of
         | those on the other side, and conclude they are "high status".
         | 
         | Problem becomes, what is "high status" for one person is just
         | "wasting time on twitter" to another person.
        
           | samatman wrote:
           | 50k followers is elite tier, I can show you NYT journo
           | bluechecks in the low four figures, who regularly get dragged
           | by anonymous accounts with robot avatars.
           | 
           | The difference between being high status and wasting time on
           | twitter gets, extraordinarily, blurry.
        
       | boyka wrote:
       | I was wondering: is being an influencer a low status high paying
       | job? Because that is who journalists are indirectly competing
       | with if we funnel ad-spend through until it reaches media.
        
         | ghaff wrote:
         | "Influencer" in the Instagram sense is probably very power law.
         | I'm sure the vast majority make squat.
        
       | DoreenMichele wrote:
       | Oh is this yet another article about how writers make dirt these
       | days? And then people wonder why journalism is going to hell
       | while also loudly telling writers to stop whining about their pay
       | and get a real job.
        
         | jonnycomputer wrote:
         | Journalism is going to dirt because it isn't practiced. Or to
         | put it in a more honest way: newspapers don't want to, or
         | cannot afford to, pay for it anymore. Easier to just repeat
         | press releases, or report on the latest twitter nitwitting.
         | 
         | Marcy Wheeler is an independent journalist. She's paid over a
         | $1k just to access court records in the last year, out of her
         | own pocket. Investigative journalism is expensive.
        
           | DoreenMichele wrote:
           | I'm a writer and blogger who doesn't make squat. My writing
           | has repeatedly hit the front page of HN but it almost never
           | gets submitted by anyone but me and then I get harangued for
           | "self promoting." I write a great deal more than what I
           | submit here and I submit a lot less than I used to. No, that
           | hasn't caused other people to submit my stuff more often.
           | 
           | People here don't want ads on your website. They use ad
           | blockers. They don't want affiliate links. They don't want to
           | leave tips or support your Patreon. They don't want your
           | writing to be _content marketing_ for some other means to pay
           | your bills.
           | 
           | They de facto expect writing to be unpaid slave labor and
           | _then_ bitch and moan about how much writing sucks these
           | days.
           | 
           | "You get what you pay for."
           | 
           | I bitch less than I used to. It seems to only be an excuse to
           | hate on me some more, not effectively move the needle.
        
       | cletus wrote:
       | This is what a de facto aristocracy looks like.
       | 
       | There are an awful lot of jobs and careers that are purely the
       | domain of the wealthy. Unpaid internships and low wages are only
       | part of the reason. Social connections are probably a far bigger
       | factor (IMHO).
       | 
       | Personally I don't care if fashion is dominated by trust fund
       | babies. Politics however? That's a different matter. The
       | dangerous part is how Ayn Rand acolyte billionaires have managed
       | to dupe a good portion of the population to literally fight to
       | the death to prevent Jeff Bezos and like 7 other people pay
       | slightly more taxes and pay for the society that makes their
       | wealth possible is the scary part.
        
       | georgeburdell wrote:
       | Really interesting piece. Without any particular evidence other
       | than my own perception on the discourse of journalism over the
       | last 20 years or so, I had come to many of the same conclusions
       | as the author (the leftward shift in journalism is due to
       | decreasing wages and so people who accept status or the
       | projection of their own ideology as currency will
       | disproportionately take those jobs). I think teaching (at various
       | levels) has similar forces impinging upon it.
        
       | Atlas667 wrote:
       | Ah, yes, private media and factual information. Like water and
       | oil.
       | 
       | Also the left is socialism and communism, not liberalism. Get it
       | right, else youre feeding the culture war the politicians want us
       | to keep fighting.
        
       | known wrote:
        
       | rch wrote:
       | > a status that comes with strangers knowing who you are, what
       | you wrote, what your core ideas are.
       | 
       | Part of the problem in journalism is that someone motivated to
       | share their core ideas should be an author, not a journalist.
       | These are different jobs.
        
       | insickness wrote:
       | Journalists get caught in a local maximum: the more they move
       | toward proclaiming loudly and fervently the most common
       | narrative, the more success they have locally in the graph. But
       | to achieve big success requires big risks outside the local curve
       | exploring uncommon narratives. This may require a short-term loss
       | of income/eyeballs that the professional journalist can't afford.
        
       | efields wrote:
       | This reads like someone who just got dumped by a journalist
       | living in Brooklyn.
        
       | alexashka wrote:
       | _Shrugs_.
       | 
       | Hasn't this always been the case? Some rich kids do drugs, some
       | rich kids tweet. So, what?
       | 
       | They are little puppets in a larger game. If you think these rich
       | kids make any of the decisions that give rise to braindead
       | quibbling over who can use which bathroom or what pronoun ought
       | to be used for years on end - you are wrong.
       | 
       | These are just distractions. The question to ask is, _who is
       | paying for these distraction generators and why?_
       | 
       | You can't get status from just living in New York and tweeting.
       | You need to be part of an organization, that many people are
       | _funding, protecting and enabling_.
       | 
       | If you ignore it, it makes their entire effort futile. It is easy
       | to do too - just find something that actually interests you
       | instead. Don't fall for their cheap tricks and help your fellow
       | friends/family do the same and it'll magically resolve itself,
       | sooner than you think :)
        
         | achenet wrote:
         | Uh, ad revenues?
         | 
         | As far as I can tell, the NYT and Facebook have the same 'share
         | content, sell ads' business model.
        
       | ouid wrote:
       | >2. Status can't pay the rent
       | 
       | >Unlike wages, status is extremely difficult to directly exchange
       | for goods and services. You need an intermediary, such as a
       | person desperate to market their latest brand of protein powder
       | or neo-fascist authoritarianism, who will pay you for access to
       | your status.
       | 
       | This should be number 1, and probably the only item on the list.
       | The word influencer should evoke in you a deep dread. Sure
       | there's neo fascist authoritarians, but they aren't really the
       | dangerous ones. It's the sales people. In order to convince a
       | person that they need to buy something, you usually have to get
       | them to believe something that isn't true. That's obviously not a
       | stable system.
        
       | kache_ wrote:
       | Interesting article. A new manifestation of the priestly class
       | that Nietzsche went on about in the Genealogy of Morality?
        
       | bjourne wrote:
       | What is the source for the claim that so many American
       | journalists under 40 live in the area encircled in the map in the
       | tweet? The source for wages in journalism having gone to hell?
       | The source for unions restricting the supply of labor? If so, why
       | hasn't all the journalist unions he see forming already
       | restricted the number of journalists and increased their wages?
       | 
       | I also think the author's characterization job status is wrong.
       | Journalists mostly hang out with journalists so whether
       | journalist is a high-status job or not is irrelevant since they
       | are all journalists. Working for Google has high status in some
       | circles but probably not among Google's own employees.
       | Furthermore, only a tiny fraction of all journalists write for
       | the Washington Post or other recognizable papers. Not a lot of
       | status in writing for marketing agencies or obscure trade press
       | magazines.
        
         | bluGill wrote:
         | > If so, why hasn't all the journalist unions he see forming
         | already restricted the number of journalists and increased
         | their wages?
         | 
         | They tried. Unions have a hard time stopping the supply of free
         | labor. We have a first amendment which limits their legal means
         | to passing laws that other unions have. We also don't have the
         | safety dangers of plumbing or electric that give laws
         | restricting supply some legitimacy.
         | 
         | Unions work best when (among other factors) everyone has a
         | feeling that they are not better than the others and can
         | substitute for each others. Writing fails this in general
         | because writers want to have their own voice. You want everyone
         | to know it was you writing, and a guest writer will have a
         | different voice and different ideas. Note that in corporate
         | writing the above doesn't apply and so unions are more likely
         | to have a place (but corporate writing is mostly by marketing
         | and probably better paid and so the union doesn't really have
         | as much to do and so there is less reason to pay those dues)
        
           | throwaway0a5e wrote:
           | >They tried. Unions have a hard time stopping the supply of
           | free labor. We have a first amendment which limits their
           | legal means to passing laws that other unions have. We also
           | don't have the safety dangers of plumbing or electric that
           | give laws restricting supply some legitimacy.
           | 
           | I think the bigger hurdle is that the people they'd need to
           | convince, politicians, are by nature of their profession,
           | very well versed in public messaging and "journalist
           | adjacent" skills and deal with journalists on the regular and
           | therefore very likely to say "lolno" to any request for a
           | moat of regulatory capture.
           | 
           | Plumbers and electricians would never have been able to get
           | the regulatory capture they have if the people they needed
           | sign off from had been equally well versed in their skills
           | and exposed to dealing with them.
        
             | bwestergard wrote:
             | Did you know the sector with the sharpest rise in union
             | membership last year was media?
             | 
             | "Among the industries with a growing share of union
             | membership is journalism, where 33 workplaces voted last
             | year to organize with labor unions, according to Poynter,
             | the media industry news outlet. In 2021, employees at
             | Politico, Forbes, The Atlantic and Insider all joined
             | NewsGuild, while journalists at MSNBC voted to organize
             | with the Writers Guild of America East."
             | 
             | https://thehill.com/homenews/state-watch/590631-union-
             | member...
        
           | Ekaros wrote:
           | When your skills are replaceable you have very little
           | leverage. Journalist are certainly a field where these days
           | you can be easily replaced even by possibly unpaid intern.
           | Only if you have build a name and grinded it out you have
           | some leverage. Thus union is little help if you could just
           | fire your entire staff and pay a few editors to hire new
           | people.
        
             | e4e78a06 wrote:
             | > Journalist are certainly a field where these days you can
             | be easily replaced even by possibly unpaid intern
             | 
             | Only if you're a median journalist. If you're a top 1%
             | caliber journalist you're not replaceable. It's much like
             | software engineering, social media influencers, and
             | Hollywood in that regard. 10x skill gap between median and
             | top and heavily bimodal comp model as a result.
        
             | throwaway2037 wrote:
             | I understand the sentiment of your post.
             | 
             | Zero trolling: For a very high quality pool of journalists
             | and writers at The New Yorker, do you think that also
             | applies?
             | 
             | I hold the opinion that certain media outlets have out-
             | sized cache (attraction) in their country's culture and are
             | able to "punch about their weight" and draw incredible
             | talent for the wages. It is almost like an inverted veblen
             | good! Examples that come to mind: The New York Times, The
             | New Yorker, The New York Review of Books, The Economist,
             | The Financial Times, Le Monde, Nikkei Shimbun, Der Speigel,
             | and Frankfurter Allgemeine Zeitung.
             | 
             | Re-reading that list before clicking 'reply', I wonder if
             | all of them have strong employee unions. It seems possible.
             | 
             | EDIT: What about public radio and television in highly
             | advanced democracies? It is a pretty similar situation.
             | High quality staff, peanuts for wages, but they don't have
             | commercial pressures. US, Europe, Japan, Korea, Taiwan all
             | have outstanding, neutral public broadcasters. (Queue the
             | 1000x naysayers that will say "Oh, it's never been worse --
             | see recent scandal XYZ".) Is the answer: Gov't funded
             | (taxes) public broadcasters that cover news that struggles
             | to make money in the private sector? Maybe.
        
               | rjsw wrote:
               | ITYM "cachet" not "cache".
        
         | notfromhere wrote:
         | The irony is that going corporate and writing marketing copy
         | will earn you way more money than journalism ever will.
        
         | Kalium wrote:
         | A few items that popped up from quick searching:
         | 
         | * On journalist wages - https://ajr.org/2014/05/05/reporter-
         | pay-falls-u-s-average-wa... - wages are not growing and the
         | employment pool is shrinking. A comparison with BLS data shows
         | a similarly slow wage growth pattern.
         | 
         | * Unions, in some circumstances, can restrict labor supply.
         | This is called exclusive unionism and historically it's been
         | used for everything from keeping racial minorities out to
         | keeping the secrets of bagel-making under wraps. Here's the
         | latter - https://en.wikipedia.org/wiki/Bagel_Bakers_Local_338
        
           | bjourne wrote:
           | I can believe journalist wages are not growing though your
           | source in eight years old.
           | 
           | The thing about bagel recipes seem to be about trade secrets
           | not labor supply restrictions. How to make bagels is not a
           | secret. I checked the sources the Wikipedia article cites and
           | none of them mentions anything about secret recipes.
        
           | gen220 wrote:
           | The picture is a bit unclear, with the data we have
           | available.
           | 
           | For example, the NYT is paying journalists more than they
           | ever have, historically (this is why so many big names are
           | working for them in the last few years). They also are
           | employing more people as journalists than they have
           | historically.
           | 
           | It appears that we're going through two trends in news.
           | 
           | One is centralization at the news aggregation level (i.e.
           | newspapers, whatever), which benefits the journalists who
           | ride that centralization and harms the journalists who find
           | themselves outside.
           | 
           | The other trend is decentralization at the news production
           | level (individual journalists), which benefits the small
           | number of journalists who can capitalize upon a platform for
           | themselves as individuals online and "harms" (scare quotes
           | because it's hard to quantify) the companies who cannot
           | collect rent on their talent, and consumers who depend on
           | companies for news aggregation.
           | 
           | There are a lot of people in this second category who would
           | not classify themselves as "journalists", but are still
           | "producing news". Their income is difficult to measure, since
           | they are usually not W-2 employees, and may not identify as
           | journalists.
           | 
           | Together, these trends may actually increase the size of the
           | pool of people who can plausibly be called "journalist"s, and
           | increase wages along with it. But it's a much more difficult
           | universe to measure and segment, so the data might not agree
           | with reality for a while.
        
         | px43 wrote:
         | As a general rule, if someone is complaining about "the left",
         | they aren't a person who actually cares about accurate
         | statistics. In the dopamine economy, it's all about coming up
         | with seemingly witty hot takes that reaffirm the world view of
         | a group of people who take pride in their lack of critical
         | thinking.
        
           | tandymodel100 wrote:
        
           | malandrew wrote:
           | The right as well.
           | 
           | My observation is that generally only people who complain
           | about neither or both tend to care about statistics.
        
             | px43 wrote:
             | You are correct that rage addicts exist all across the
             | political spectrum, though I don't think "the right" is
             | nearly as much of a trigger phrase as "the left". There are
             | plenty of other phrases used by left leaning rage mongers,
             | but "the left" has for years been curated to trigger strong
             | negative emotions towards half of the US population. People
             | who use that phrase know exactly what they're doing, or are
             | at least parroting someone who does. People who
             | intentionally use negative trigger phrases to gain traction
             | are not typically people whose opinions are worth spending
             | much energy on.
        
               | [deleted]
        
               | bityard wrote:
               | Are you saying that nobody on the left (okay, sorry, the
               | "not-right") ever uses negative trigger words in
               | reference to their political rivals?
        
               | MisterBastahrd wrote:
               | Are you aware that from the 1980s to the early 2000s, the
               | word "liberal" was worthy of enough derision that people
               | would openly cringe at the term? Republicans were
               | fantastically successful at two things politically: tying
               | the support of social programs to the Red Scare and
               | gathering support of trickle down economics by opposing
               | desegregation efforts.
        
               | Clubber wrote:
               | >I don't think "the right" is nearly as much of a trigger
               | phrase as "the left".
               | 
               | I dunno, "the left" has their own terms to incite rage:
               | far-right, white supremest (rarely any evidence), racist
               | (same), right-winger, evangelicals, Nazi, deplorable,
               | redneck, etc.
               | 
               | "The right" uses terms: liberal, socialist, communist,
               | SJW, etc.
               | 
               | If you are strictly speaking in terms of which is more
               | insightful and limit it to "the left" or "the right," I
               | guess it depends on which circle you are closer to. I can
               | see the argument for "the left" as being more insightful,
               | but that might just be because of the circle I'm
               | currently closer to.
               | 
               | I try to use terms such as those as a red flag. Anyone
               | who tries to make a generalization for a spectrum as
               | broad as "the left," or "the right," is trying to sell me
               | something. I try to stick to policy, everything else is
               | usually just theatre to distract from policy.
               | 
               | Somewhat related, Hillary Clinton was talking with BLM
               | members about how to change things in 2015. She caught a
               | lot of flack about it, but she was absolutely right when
               | she said, "I don't believe you change hearts. You change
               | laws, you change allocation of resources, you change the
               | way systems operate." That's why I tend to stick to
               | policy. Full disclosure, I don't particularly care for
               | the Clintons.
               | 
               | https://www.vox.com/2015/8/19/9174077/hillary-clinton-
               | black-...
        
               | bitwize wrote:
        
               | Clubber wrote:
               | Are you sure there are not two boogie men rather than
               | just one?
        
               | slibhb wrote:
               | > white supremacism has enjoyed profound resurgence and
               | evangelicals constitute a huge bulk -- up to half -- of
               | the population.
               | 
               | There has definitely been a resurgence in people using
               | the term "white supremacy". Whether that is tied to a
               | resurgence of white supremacy is doubtful.
               | 
               | The statement that up to half the population are
               | evangelicals is just wrong.
        
               | Clubber wrote:
               | It's amazing to me how much political capital is spent on
               | this sort of thing. Meanwhile, we are no closer to
               | anything like universal healthcare, or even lowering the
               | medicare age. The wealth gap is expanding, and jobs are
               | still being sent overseas. Housing is getting more
               | expensive, inflation is wiping out any wage gains, and
               | healthcare is even more obscenely expensive. But hey, we
               | may or may not have identified some additional white
               | supremacists.
               | 
               | This analogy just hit me. It's as if people who get into
               | this trap are like addicts. They are spending all their
               | political capital (money) on heroin (rage culture) and
               | not spending political capital on feeding themselves or
               | their families (healthcare, jobs, wages, UBI, etc). All
               | the while, the machine keeps on enriching themselves at
               | our expense. Pay no attention to the man behind the
               | curtain, we keep tilting at the windmills the elite class
               | convinces us are actually dragons.
               | 
               | The GOP will probably take the house and/or the senate,
               | effectively neutering Biden. Expect 2 years of
               | retaliatory impeachment hearings to distract everyone
               | from our goals. The D's had two years of power and almost
               | nothing to show for it, except maybe higher blood
               | pressure.
        
               | nostromo wrote:
               | Giant corporations love identity politics. It completely
               | distracted the left from expensive things that would
               | actually help low-income people.
               | 
               | Big corporations woo the left with BLM retweets and pride
               | flags -- which costs them $0 -- while utilizing the
               | global poor stuck in grueling jobs with low pay.
               | 
               | It's so convenient I wonder if it's intentional. Getting
               | pressured to unionize from the left? Just retweet BLM,
               | name an arena Climate Pledge Arena, and then move on.
        
               | lariati wrote:
        
       | tharne wrote:
       | My God, I wish I had read an article like this when I was 22. I
       | started out in one of these high-status low-wages - HUGE mistake.
       | I intuited some of the things the author is saying here, but it
       | took many wasted years for me to be able to articulate these
       | thoughts in my own mind and change course.
       | 
       | Very impressive article that clearly explains the issue.
        
       | bertr4nd wrote:
       | As someone with small children, I found myself wondering whether
       | the parents of these Brooklyn writers have actually done their
       | children a service or disservice by funding a financially
       | impossible career.
       | 
       | While there is something to be said for being able to follow
       | one's interests unconstrained by the need for money, it also
       | seems like a hollow, grasping existence to chase status and
       | popularity amongst a clique of likeminded fellows.
       | 
       | I suppose one could say something similar for a career spent
       | chasing money, but at least money sometimes vaguely (vaguely!)
       | approximates creating value for other people.
        
         | _fat_santa wrote:
         | I knew a few folks like this. 20 something, out of college,
         | entry level job in some field that doesn't pay them nearly
         | enough for where they are living. And mom and dad are
         | subsidizing the apartment and lifestyle.
         | 
         | When I talked to a few of them about the situation, my burning
         | question was always "what is your plan". I think for many of
         | those folks there was no plan, this was the plan, and your
         | parents helping you out was just normal.
         | 
         | Personally it always bugged me. Like what is going to happen to
         | all those people when the checks stop coming, when the credit
         | card stops getting paid. Some of my less privileged friends
         | hated that group for their privileged but I honestly just felt
         | bad for them. I don't know when, but under this current system,
         | at some point in the future, you are going to be royally
         | screwed.
        
           | DharmaPolice wrote:
           | They just join the labour force like everyone else. They'll
           | just be 41 doing the job that other people did at 21.
           | 
           | I have a friend whose family weren't wealthy but they
           | tolerated him playing video games and bumming around not
           | doing much else for 15 years after he finished uni. He
           | eventually had to get a job. Sure, he's behind his peers in
           | terms of salary/career advancement now but not by so much
           | where I'm even sure he made a mistake by avoiding work for so
           | long.
        
           | [deleted]
        
           | antisthenes wrote:
           | > Personally it always bugged me. Like what is going to
           | happen to all those people when the checks stop coming, when
           | the credit card stops getting paid. Some of my less
           | privileged friends hated that group for their privileged but
           | I honestly just felt bad for them. I don't know when, but
           | under this current system, at some point in the future, you
           | are going to be royally screwed.
           | 
           | They'll get a nice inheritance, like a $500k+ house. Then
           | they can either sell and invest, or live there mortgage-free.
           | 
           | The checks really won't stop coming. But if you're not a
           | complete moron, it would be hard to very quickly squander the
           | wealth your parents built up. Some will, inevitably, but most
           | will keep going. Some of them will get higher wages too.
           | 
           | But it's going to be a looong time before the "check stops
           | coming".
        
             | humanrebar wrote:
             | They don't stay 25 forever. In the long run, they often
             | settle down with another professional. Maybe one with a
             | better salary and/or better benefits. Then they have less
             | than two kids. Maybe just a couple cats.
             | 
             | The big question is what they do after the divorces that
             | 30-40% of them will have. Maybe they get jobs in HR or PR?
        
       | WhompingWindows wrote:
       | I thought about teaching as a career. I'm passionate about
       | science and math, I'm great with kids, I'm a decent teacher...but
       | the stress was insanely high for the compensation and benefits. I
       | was doing entry-level assistant work at age 22-25 to see if I
       | liked teaching, getting paid $20k a year with no benefits to
       | mostly deal with the 10% who are crazy bad kids every day...not
       | worth it.
       | 
       | One example, I had an 8th grader jump on a desk and scream "I
       | LOVE TACOS" repeatedly. I told him to get down and be quiet,
       | we're trying to learn about robotics. He then called me a racist
       | (because I'm white and I don't love tacos? I do though). I talked
       | to him after class, turns out his family life was in chaos and he
       | needed help at home.
        
         | nolroz wrote:
         | I would absolutely love to be a teacher but the compensation
         | and horror stories about the administration and parents is very
         | disheartening.
        
       | letmeinhere wrote:
       | > [Unionization] will only heighten the favoring of those who can
       | get their foot in the $3200/mo Brooklyn rent door while dressing
       | fashionably and using "semiotics" correctly in a sentence, but
       | that's neither here nor there.
       | 
       | Unionization leads to higher and considerably less stratified
       | wages, which means that people from less means can afford to
       | enter the profession. So, sure, the people who can afford rent in
       | the cities where they work will have "heightened favoring" (aka
       | better jobs), but they will be a different, more representative
       | group.
        
       | JKCalhoun wrote:
       | > I'm willing to argue that the reach, imprint, pageviews, and
       | followers; the eyeballs that your work generates, is the
       | prinicipal source of status within the modern journalist
       | community.
       | 
       | I would not argue that, not among peers. Like any profession I
       | suspect writer's peers may be _jealous_ of one another 's page
       | views but are still going to be ultimately judged by the quality
       | of their work. And their peers will likely judge better than most
       | what is thoughtful, thorough, researched writing and what is
       | hackish.
       | 
       | > Status skews even less equally than income...
       | 
       | > Status can't pay the rent...
       | 
       | > Twenty-two year-olds will often accept status in lieu of
       | wages...
       | 
       | I guess I don't see the world through status-colored lenses or
       | know anyone who does so the rest of the article and its points
       | were built on a premise foreign to me.
       | 
       | The author also appears to misrepresent unions in my opinion,
       | portraying them more as a "protectionist" mechanism for workers,
       | a way to fend off other workers with lower skills. When
       | corporations held (hold) all the cards a collective of workers
       | was the only way the worker had any bargaining power.
        
       | dav_Oz wrote:
       | > _You want to get paid: move to cheap suburb of a medium sized
       | city and start writing heresy, the more inflammatory the better.
       | Accusations of politicians and celebrities. Cheap pablum for
       | frothing basement trolls and listicles of reasons never to let
       | your kids leave the house. Election conspiracy theories and a new
       | expose on why red wine and chocolate will cure Covid. Corporate
       | public relations expressing the deepest committment of the NFL to
       | protect everyone and only good from here on out. Anything that
       | someone is willing to pay you to write because nobody else will
       | write it for free._
       | 
       | This escalated quickly. I somehow expected a more nuanced take at
       | the end than this rushed version paradoxically reinforcing a
       | superficial stance critiqued before.
       | 
       | Well, the overall point comes across and is an interesting take
       | but fails to be substantial i.e. backed by some more convincing
       | data instead of an initial gossip over the gossip.
        
       | stdbrouw wrote:
       | There's probably something to this analysis, but to go from "jobs
       | that depend on cultural as opposed to financial capital can lead
       | to overly homogeneous groups with strong and at times bizarre in-
       | crowd behaviors" to the idea that a majority or at least a very
       | large group of writers and journalists are "a hilariously
       | homogeneous monolith of progressive cosplay, often producing
       | little in the way of insight or information, surviving
       | emotionally off the status returns of living in a bubble of
       | mutual-affirmation and shared anxiety", well, that's like, just
       | your opinion, man, and rather ironically an opinion that depends
       | not on any honest attempt at assessing the prevalence of the
       | problem but is constructed for the sole means of pandering to an
       | in-crowd.
        
         | jonnycomputer wrote:
         | "can lead to" is the sort of statement that is only slightly
         | more modest than "will lead to", in practice. Like, it could
         | also be that it can lead to both heterogeneity and homogeneity,
         | depending on other factors (or even chance). If the author
         | believes the one, the author should put a probability on that
         | outcome, rather than just assume the worst.
        
         | notahacker wrote:
         | It also misses the other rather obvious factor: newspapers have
         | owners, editors and readers. Owners often are very open about
         | their agenda, editors have owners to please, historic
         | reputations to uphold and their own politics (which is often a
         | bit more firmly established than a twentysomething first
         | jobber's) and the subset of the population that actually pays
         | for newspapers has their own opinion of the sort of content it
         | wants to read.
         | 
         | Most of the stereotypes about bubbles of young underpaid,
         | overeducated middle class status-chasers living in the capital
         | and associating mostly with other young people, journalists and
         | politicos/intellectuals could be applied to the UK, but our
         | mainstream print media leans right (with a couple of very
         | outspoken exceptions, whose journalists live in the same
         | bubble!), as you might expect from the personal politics of
         | their owners, and newspapers are bought in much greater numbers
         | by older, more right wing people
        
         | ianai wrote:
         | Yes, I think the author got stuck in the mire. I took the
         | point: The current situation is making a group of people
         | incentivized to fall in-line with the "established truth".
         | Things like groupthink, authoritarianism, tyranny, and fascism
         | thrive on such insularity.
        
           | mherdeg wrote:
           | I've heard an opinion from people on Team Right that "it's
           | just our bad luck that we got stuck with the antivaxxers and
           | Capitol stormers this time around, this could just as easily
           | have come from the other team".
           | 
           | That's how I read this article's conclusion, and then the
           | rest kind of works backwards from that conclusion:
           | 
           | > It'd all be pretty innocuous if I didn't worry that today's
           | progressive writer's commune is also a breeding ground for
           | tomorrows purveyors of reactionary fearmongering and
           | misinformation.
           | 
           | My own worry about the drying-up of print display ads and the
           | end of classifieds, which led to the demise of the steady
           | union career at the midmarket metro daily, and everything
           | that happened afterward, is different. I worry not that
           | people are reporting the wrong thing, but that there are too
           | few people doing the job to even have a "right" or "wrong"
           | set of journalists to read on a topic. In a US metro area of
           | under 500k people there may not be any reporter who is going
           | to open-to-the-public committee meetings and small-scale
           | corruption can basically happen in public. This doesn't seem
           | healthy for democracy.
        
             | zozbot234 wrote:
             | > "it's just our bad luck that we got stuck with the
             | antivaxxers and Capitol stormers this time around, this
             | could just as easily have come from the other team".
             | 
             | The bulk of the "right" has been anti-intellectual for a
             | long time - there are some sensible and nuanced points of
             | view coming from that side of the political spectrum, but
             | they've always seemed to be in the minority. You do also
             | see a lot of anti-intellectualism on the left these days,
             | especially with the new "woke" craziness, but that's a much
             | more recent phenomenon and we have yet to see a proper
             | reaction to it.
        
               | [deleted]
        
               | grapescheesee wrote:
               | You do understand, you just called out the "Right" (one
               | of the 'two' affiliations) as .. "anti-intellectual for a
               | long time"
               | 
               | I also wish everyone told me their favorite color was the
               | one I like.. Since we only have two colors in the world!
               | It has just turned into such a reductionist petty
               | immeasurably false set of talking points. We need to stop
               | this, we need it to stop immediately!
        
             | ghaff wrote:
             | And that's a midmarket city. You can imagine what reporting
             | in most 10K to 20K towns looks like.
        
         | csdvrx wrote:
         | > well, that's like, just your opinion, man, and rather
         | ironically an opinion that depends not on any honest attempt at
         | assessing the prevalence of the problem but is constructed for
         | the sole means of pandering to an in-crowd.
         | 
         | Fully agreed. Markets exist to convert the various forms of
         | capital.
         | 
         | For example, you participate in the labor market, where you
         | convert your education and know-how into liquidity.
         | 
         | Cultural capital is already exchange for financial capital: art
         | is sold, and people pay to visit prestigious museums.
         | 
         | What's missing here is a market where social capital can easily
         | be converted into financial capital, at low cost and with as
         | little friction as possible: the elusive "micropayments".
         | 
         | Remember the old idea of "commoditizing your complement": for
         | web2.0 (social media), tech companies have commoditized the
         | participation that create their core value. They benefited
         | tremendously through network effects, sending these profits
         | mostly towards the shareholders, with a few crumbs sent to the
         | tech workers (I know a lot of people think developers are
         | "highly" paid because they get paid low 6 digits wages, but in
         | a company with over $1M in ARR per capita, I politely disagree)
         | 
         | I believe NFT/cryptos/etc. will pave the way for inverting this
         | commoditization: well known authors/influencers will want to
         | commoditize the tech companies, who'll have to respond by
         | offering deals.
         | 
         | We are starting to see that: look on the gaming forums where
         | people say they use Bing... because it pays for their free
         | gamepass every month!!! Bing is good enough for what they do,
         | so people react to the incentive and switch!
         | 
         | If you have the choice between, say instagram and tiktok, and
         | it's essentially the same thing for you, you may decide to
         | share content on instagram if they can compensate you in a way
         | that's meaningful to you. It may be hard for them to give you
         | cash, but it could be easier to give you something else that's
         | essentially the same to you, or that can be traded for cash.
        
       | dogleash wrote:
       | A complicating factor that I hear from some of the disillusioned
       | journos is that journalism works best when it's blue collar.
       | Seeking status, and the kind of compromises made to maintain
       | status contribute to the fact journalism is in the dumps. It's
       | not my opinion, but it's an interesting one.
       | 
       | Maybe the bottom needs to fall out for a few years for journos to
       | get their act together. But signs point to that's exactly what's
       | happening and all we got was a bunch of bitter and vindictive
       | twitter addicts trying to hold onto what little glory they had.
        
       | lr4444lr wrote:
       | This seems to be only about writing jobs. I don't think of those
       | as "high status" apart from the wages, but maybe I'm alone here.
       | I thought he was going to focus on roles like non-tenured
       | professorships and post-docs, mid level non-profit jobs, and the
       | clergy.
        
         | MeinBlutIstBlau wrote:
        
         | alisonkisk wrote:
        
         | ghaff wrote:
         | Oh there's clearly status to being a published author--at least
         | in many circles. And I would say also an NYT or WSJ journalist.
        
           | SamoyedFurFluff wrote:
           | There is status to being a published author people have heard
           | of or with some acclaim. Not really outside of it. Poets with
           | published chapbooks, or novelists published indie, or even
           | mid-list authors don't really have much status. Also if you
           | write romance, forget about ever getting respect from anyone,
           | even other authors.
        
         | YEwSdObPQT wrote:
         | > This seems to be only about writing jobs. I don't think of
         | those as "high status" apart from the wages, but maybe I'm
         | alone here.
         | 
         | You and I don't think of them as high status. However there is
         | a proportion of people that do pay attention to writers, these
         | maybe TV, films, media, politicians that are all within the
         | "Cathedral". You see this a lot of Twitter. Politicians pay a
         | lot of attention to Twitter and tbh I doubt many normal people
         | ever pay attention to what people see on twitter.
         | 
         | Those writing jobs are seen as high status because you _can_ be
         | influencing on  "important" things. If you ever watch clips of
         | corporate news talking point shows they end up inviting a lot
         | of the same people on. Many of these are writers for smaller
         | publications that are safe enough i.e. inside the Overton
         | window to present "balance" or be presented as "experts".
         | Simply being on TV for a few minutes is seen as a big deal
         | (especially to older people 50+).
        
           | ghaff wrote:
           | >If you ever watch clips of corporate news talking point
           | shows they end up inviting a lot of the same people on.
           | 
           | Both individual reporters and TV show producers develop a go
           | to list of people who at least seem to know what they're
           | talking about, usually don't have too much of an axe to
           | grind, are presentable in the case of TV, etc. And, yes, to a
           | lot of people they can't really imagine being invited on a TV
           | show so someone who is "must be a real expert" which often
           | isn't the case.
        
       | jrochkind1 wrote:
       | > There is a status that comes with strangers knowing who you
       | are, what you wrote, what your core ideas are... The problem
       | isn't that writing generates status, but rather that this status
       | is grossly out of proportion to the wages they are earning in the
       | market.
       | 
       | I feel like there's something implied here that says we should be
       | listening to those who have the most money.
       | 
       | But in fact those journalists whose status/audience is out of
       | proportion to their wages... are _more_ representative of America
       | than wealthier people. The median income of these journalists
       | /pundits may still very well be higher than the median income of
       | America.
       | 
       | If they have a monolithically wrong idea of what is going on in
       | "America" or are monolithically unrepresentative of America (I
       | think that's the complaint?), it's _not_ because they
       | homogenously have wages lower than other  "high status" people --
       | and it will not be solved by increasing the wages of
       | journalists/pundits, and or changing the set of who is listened
       | to, to higher income people.
       | 
       | Some of the explanations in the OP are more interesting, like:
       | 
       | > Unlike wages, status is extremely difficult to directly
       | exchange for goods and services. You need an intermediary, such
       | as a person desperate to market their latest brand of protein
       | powder or neo-fascist authoritarianism, who will pay you for
       | access to your status.
       | 
       | Chomsky and Herman's 1988 _Manufacturing Consent_ is about the
       | pressures journalist have to just take the statements of powerful
       | people (whether in government or industry) and report them as
       | facts (or at best as the story) without doing more investigation.
       | But it was written in a more innocent, pre-social-influencer era,
       | where they never would have conceived that journalists or pundits
       | were actually taking outright _payment_ (which they would have
       | called bribes) for this -- even though I don 't think journalists
       | made _substantially_ more then. Rather, they explained and showed
       | how it just made the journalists job _so much easier_. The
       | journalist didn 't have _time_ to do actual investigation, it was
       | so much easier to just go on press conferences and press release.
       | Which is surely even more true today with newsrooms that have
       | been (often literally) decimated since 1988.
       | 
       | I think the OP is onto _something_... but I don 't think it
       | actually has much to do with journalists _wages_ , the central
       | thesis of OP.
       | 
       | In general, if we were somehow able to magically shift the
       | journalist/pundit class to be higher-income -- and thus even
       | _less_ representative of the country as a whole -- I don 't see
       | this leading to improvements in any way.
        
       | throwhauser wrote:
       | The author of the piece seems to be taking the tweet about half
       | the journalists under 40 living in that area pretty literally.
       | 
       | I don't know if the author of the tweet intended it that way (and
       | if he was speaking figuratively I wouldn't fault him, it's just a
       | tweet), but I don't quite buy that anyone could really estimate
       | the number of journalists in an area drawn by someone else by
       | eyeballing a map on Twitter. I also don't quite buy that half of
       | the journalists under 40 live in a specific part of New York
       | City, when Washington DC, Los Angeles and (for nerds) San
       | Francisco also have their own share of that population.
        
       | richk449 wrote:
       | Is it true that a large amount of the journalists in the US live
       | in Brooklyn? That doesn't match my understanding, even at the
       | "everyone knows ..." level. When I think of the pundits, the
       | Washington DC area comes to mind.
        
         | jelling wrote:
         | The journalists with access to political power are in D.C. The
         | cultural and business journalists are in New York and the
         | entertainment "journalists" are in Hollywood. All speaking in
         | the main, of course.
         | 
         | I moved to NYC from Chicago, no cow-town, and there was a
         | massive increase in the number of cultural journalists and
         | writers I meet.
        
       | j7ake wrote:
       | On the flip side, are there dangers of "low status, high-wage"
       | jobs?
       | 
       | E.g. certain blue-collar jobs can pay as high as any white-collar
       | jobs.
       | 
       | Another example would be programmers can be seen as a low-status,
       | high-wage job. They are paid a lot and trusted to do their job,
       | but the main high-level decisions are still made at higher levels
       | above the programers.
        
       | stereolambda wrote:
       | One loose idea that I like is local community (the smaller, the
       | better) hiring a journalist (or even better, a diverse group of
       | journalists) directly. They would cover the local events and
       | politics and maybe give some digest of the national/world level
       | from other sources. Apparently in the US officials like sheriffs
       | and school board members are elected, so maybe it could work in a
       | similar way. This would probably need a bunch of stringent rules
       | to ban collusions with politicians (which has been of course a
       | problem even with commercial journalism).
        
       | flerchin wrote:
       | I haven't left my house in over a week. The insulation is real.
        
       | Animats wrote:
       | The author has a very narrow focus on NYC pundits, but the
       | problem is more general. Other high-status, low-wage jobs include
       | much of Hollywood. If you've spent any time in LA, you've
       | probably met actress-model-waitress types. Game developers are a
       | somewhat similar group - too many people want to make games, and
       | as a result salaries are low for the level of competence
       | required.
       | 
       | What else?
        
       | crackercrews wrote:
       | For a deeper dive on the topic check out the book Bad News. [1]
       | The title references "woke media", which might turn some off. But
       | it's actually written by a liberal, not a conservative out for
       | blood.
       | 
       | There is a lot of very interesting history, including a bit about
       | how the Jewish publisher of the NYT insisted that "because Jews
       | were not a race, Hitler's persecution of them was not a Jewish
       | problem but "the problem of mankind"".
       | 
       | I bet Whoopi wished she her crisis management team was aware of
       | that quote last week!
       | 
       | 1: https://www.amazon.com/Bad-News-Media-Undermining-
       | Democracy/...
        
       | giantg2 wrote:
       | Is this really a high status job? Or is it the journalism
       | industry relies on internal status?
       | 
       | If it is about general status, then these individuals should be
       | able to leverage that status and connection into better jobs or
       | wages, including outside of that industry.
        
         | errcorrectcode wrote:
         | High status to whom? Anyone not an east-coast academic or urban
         | professional?
         | 
         | I don't think journalism is widely-respected by the general
         | population. Most local TV news anchors are an embarrassment
         | because they to regurgitate Sinclair's "must airs" and
         | bleeds/leads gore.
        
       | schnable wrote:
       | The bigger problem occurs when the high perceived status/low wage
       | folks decide they deserve a lot more than they have and foment
       | revolution. Academics and those steeped in academia are more
       | likely to lead this, but then the journalists quickly follow and
       | amplify. Also applies to people getting degrees from universities
       | then being unable to get a job much better than barista.
        
         | elliekelly wrote:
         | > Also applies to people getting degrees from universities then
         | being unable to get a job much better than barista.
         | 
         | This is a real problem for an entire generation. If those in
         | power don't wise up and listen they're inviting "revolution". I
         | fundamentally don't understand why the wealthy ruling class is
         | unable to grasp that their long-term welfare is entirely
         | dependent on the welfare of the working middle class.
         | Unemployed and underemployed middle class people are a leading
         | indicator that the system that props up wealth in America is
         | buckling. Somethings gotta give. And yet our leaders ignore it.
        
           | Ekaros wrote:
           | I doubt that revolution this time will come from journalist
           | or academic class. It seems they are currently against the
           | working class which is important power behind such event.
           | Just see how positive the messaging about protests by those
           | are...
        
       | KoftaBob wrote:
       | This idea is basically the background behind the recent "wordcel"
       | term/meme that's been making the rounds.
       | 
       | https://knowyourmeme.com/memes/cultures/wordcel-shape-rotato...
        
         | zozbot234 wrote:
         | Meh. A lot of the low-wage journos discussed in the blogpost
         | are less "wordcel" and more like "word salad".
        
       | dnautics wrote:
       | this is exactly also true for grad students in the physical and
       | biological sciences.
        
         | achenet wrote:
         | Really? I'd have thought they would be out there inventing the
         | world of tomorrow.
         | 
         | The entire clothing industry is applied biochemistry.
         | Electronics is applied physics and chemistry.
         | 
         | How can there not be a demand for that?
        
           | dnautics wrote:
           | yep. You get paid higher if:
           | 
           | - you go straight out of undergrad to industry
           | 
           | - you only do a masters
           | 
           | - you "drop out" after a masters
           | 
           | - you are sponsored by industry to take a 5-6 year
           | "sabbatical" to get a PhD (which is status-driven, but still
           | tied to "demand", as you say).
           | 
           | - you go to industry without doing a postdoc
           | 
           | If you are in the PhD program to get into academia, it is
           | very much a status-driven, low-paid pursuit (I got paid
           | 26k/yr for ~80h/wk average 6 years, probably generally was
           | working 100-days-straight) and all of the problems in the
           | article apply (including tendency to groupthink in the
           | service of promotion, attracting status-seeking; stupid
           | 20-something men). As a grad student, the undergrad
           | "dishwasher" lab tech was getting paid more than I was (raw;
           | not dividing by hours). Even for postdocs the misery is true.
           | I gave myself a pay raise and hours reduction when I quit
           | being a postdoc and started driving for lyft full-time
           | ~50h/wk on the road, but carve out about 10-ish for like
           | logging off to do social things with friends because I was
           | "in the city anyways".
        
       | asjldkfin wrote:
       | Although I agree with the general sentiment of this article-
       | journalists gravitates towards their career not for the job
       | itself. I think he's making a pure speculation on the
       | "journalists have rich parents" point.
       | 
       | I think it might be something much simpler, like "journalists
       | often can't find another job based on their english-adjacent
       | degree; and the barrier to entry for journalism is very low".
       | 
       | Of course, when the barrier to entry is low- and most candidates
       | are indistinguishable- you hire your friends; which inevitably
       | leads to homogenization.
        
         | pmorici wrote:
         | There was a thread on Twitter a while ago pointing out a slew
         | of journalists who frequently wrote articles attacking tech
         | companies and specifically how each of them came from wealthy
         | families. This idea that journalists are by and large people
         | from well to do backgrounds is an idea that has been floating
         | around for a couple years now.
         | 
         | Edit: Here is a tweet in that vein Balaji in particular had a
         | lot of tweets on the journalists are often from wealth idea.
         | 
         | https://twitter.com/balajis/status/1256819545546735616
        
           | asjldkfin wrote:
           | Yes, but how much is a "slew" relative to the entire roster
           | of working journalists?
        
           | jeromegv wrote:
           | I love it when "critical" of tech companies is transformed
           | into "attacking". The tech industry is now the biggest
           | industry in the world, ranking billions in profits every
           | year, having the power to influence elections, human rights
           | violation, etc. Of course they should be criticized and not
           | get a free pass. Too many years they were only reported as
           | "startups" doing "good".
        
             | spaetzleesser wrote:
             | Being critical of something immediately makes you into a
             | "hater". People have been trained to either be all in on
             | something or to completely reject it. It's really not
             | allowed to be in the middle. "Pick a side".
        
             | pmorici wrote:
             | People were specifically upset with unfair negative
             | articles it wasn't about factual criticism.
             | 
             | The New York Times doxing a popular pseudo anonymous
             | blogger for example Slat Star Codex, there were articles
             | dragging people for making charitable donations just a lot
             | of stuff that was more gossip and hit pieces injected with
             | the journalist's opinion and not news.
             | 
             | Also articles dragging tech for not being "diverse" when
             | journalism has a much bigger lack of diversity problem.
             | 
             | https://oonwoye.com/2020/07/31/tech-journalism-is-less-
             | diver...
        
               | sgift wrote:
               | > there were articles dragging people for making
               | charitable donations
               | 
               | You mean articles stating correctly that donations are
               | not a sustainable way of financing and tech billionaires
               | should instead pay higher taxes? Cause that's the
               | articles I remember and that's not an unfair article.
               | Just one you and others may not agree with.
        
               | scarface74 wrote:
               | If every billionaire gave 50% of their net worth to the
               | government, we would still have massive deficits.
        
               | oh_sigh wrote:
               | It would be unfair if the article was demonizing, say,
               | Jack Dorsey for not paying enough in taxes, unless Jack
               | has gone out of his way to lobby to get his tax burden
               | lowered. Otherwise, he is merely living within the rules
               | of the system, and the article should be attacking the
               | politicians who are responsible for our tax laws.
        
               | pmorici wrote:
               | Then why not write an article advocating a higher taxes
               | policy? Taxing doesn't magically make money multiply in
               | fact a donation managed properly can endow a charitable
               | organization indefinitely that is never the case with
               | government taxation since taxes are always spent and
               | never invested. Your argument makes no sense.
        
               | SamoyedFurFluff wrote:
               | I don't understand how reporters apparently don't
               | advocate for higher taxes. Wealth tax has been a radar on
               | political reporting beat for ages. Elizabeth Warren
               | campaigned on it and tons of ink was spilled analyzing on
               | if it would work, how it would work, and headlines made
               | over bill gates being "scared" of it or whatever.
               | 
               | Additionally, it can be true that one endowment to a
               | charity can keep the charity perpetual while also
               | criticizing that charity overall is not a sustainable
               | model of good in society broadly. One of the things that
               | come to mind is that a billionaire is unlikely to fund an
               | anti-billionaire charity, for example a charity for
               | renters rights and renter organization Eg. Rent strikes
               | and the like.
        
               | pmorici wrote:
               | What does advocating for that position have to do with
               | dragging someone for donations to charities?
               | 
               | Also why are journalists advocating anything they should
               | be reporting facts. Advocacy belongs in the opinion
               | section.
        
               | SamoyedFurFluff wrote:
               | Reporters are always advocating based on what they
               | believe are facts from their backgrounds. That's why
               | media in America are always covering less wealthy
               | countries as "war-torn x dealing with militant y" and
               | never the same language to America. There was a hilarious
               | thread in which a Kenyan reporter did headlines on
               | America the same way America reported Kenya.
               | 
               | And it doesn't have anything to do with the other. I
               | don't even know why it was brought up as an alternative.
        
               | JaimeThompson wrote:
               | >since taxes are always spent and never invested
               | 
               | Are not the road networks and other such infrastructure
               | investments? What about the basic science research the
               | government funds?
        
               | watwut wrote:
               | The New York Times wrote article about the blogger in the
               | same exact way articles about people in journals have
               | always been written. Just because the blogger is
               | generally in tech does not mean the New York Times has to
               | treat him in some complete different way then any other
               | subject.
        
             | NavinF wrote:
             | > The tech industry is now the biggest industry in the
             | world
             | 
             | Is it though? I can't find reliable sources (likely because
             | "tech" isn't specific enough), but some site says tech is
             | 10.5% of US GDP. That's not even close to being the biggest
             | industry.
        
             | syshum wrote:
             | The problem is that alot of the "criticism" seems be around
             | economic protectionism not actual criticism. They are
             | critical that a tech company dare allow an a person from
             | the unwashed masses to have as big of a megaphone for their
             | speech as the gilded elites from an established
             | journalistic outlet
        
           | KoftaBob wrote:
           | Do you happen to have a link to that twitter thread? I'm
           | curious to read it.
        
             | pmorici wrote:
             | It wasn't just one but look at Balaji Sirinvasin's timeline
             | starting around summer 2020. He was a big proponent of the
             | idea.
        
           | JaimeThompson wrote:
           | Is it attacking people like Elon Musk to point out that he
           | wants others to not be able to benefit from the same sorts of
           | government assistance his companies have benefited from or is
           | it simply pointing out he isn't being consistent?
        
             | pmorici wrote:
             | No I believe the specific thing that set people off was a
             | hit piece against the female CEO of Away a relatively small
             | company that sells luggage. They tried to cancel her
             | because she tweeted something about how she though many
             | media outlets had low standards of reporting and much of
             | their content bordered on liable.
             | 
             | They then wrote negative articles about her saying she
             | should have been using her time to talk about other issues
             | like BLM or Gay rights. The whole premise was ridiculous as
             | if tweets are a limited resource.
        
         | iso1210 wrote:
         | Here's a few from the UK, mainly on the Tech Side
         | 
         | https://issuu.com/futurepublishing/docs/tvb87.digital_janfeb...
         | 
         | "Media and Journalism are essentially hobbies for wealthy,
         | young people"
        
         | zozbot234 wrote:
         | > "journalists often can't find another job based on their
         | english-adjacent degree; and the barrier to entry for
         | journalism is very low"
         | 
         | Y'know, maybe journalists should learn to code. Tim Apple said
         | that learning to code is important.
        
         | suifbwish wrote:
         | The barrier is extremely low; now anyone with a wordpress can
         | call themself a "journalist" and there isn't anything anyone
         | can do to stop them. They really don't even need the English
         | degree although sometimes it can be evident when they do not.
        
         | ChrisMarshallNY wrote:
         | _> you hire your friends; which inevitably leads to
         | homogenization._
         | 
         | This is very common, in many industries. Maybe moreso, with
         | journalism (I am not very familiar with that industry).
         | 
         | Also "you hire people that don't make you uncomfortable."
         | 
         | I strongly suspect that this also happens with software
         | development. "Cultural outsiders" (like me), have a _very_ hard
         | time getting in the door. I am quite sure that one reason that
         | many older folks don 't get hired, is because CEO <= 30, and
         | doesn't want people around, that make them even slightly
         | uncomfortable. Since they're the boss; what they want, they
         | get. In "classic" corporations, CEOs are generally in their
         | 50s, or older, and don't feel particularly challenged by older
         | folks. They have to hire younger folks; even if it makes them
         | uncomfortable.
         | 
         | I've learned the value of a "heterodyne" workplace. There is
         | definitely friction, caused by clashing cultures, but the
         | product is often wonderful.
        
           | ghaff wrote:
           | >This is very common, in many industries. Maybe moreso, with
           | journalism (I am not very familiar with that industry).
           | 
           | I am somewhat familiar being on the board of a student
           | newspaper. And it's extremely true in journalism. The
           | students who went on to being journalists (or editors etc.)
           | all did it through connections. You probably don't get a job
           | on something like the editorial page of the WSJ by sending
           | your resume around.
        
         | dsign wrote:
         | > I think it might be something much simpler, like "journalists
         | often can't find another job based on their english-adjacent
         | degree; and the barrier to entry for journalism is very low".
         | 
         | I have read enough bad documentation to know there is a hot
         | market for documentation writers. Now, if only english-adjacent
         | degree holders knew about ... well, the documented stuff.
        
           | ghaff wrote:
           | A _lot_ of journalists and would-be journalists end up doing
           | corporate stuff like tech writing, content marketing, PR,
           | etc.
        
       | dccoolgai wrote:
       | This article is extremely on pointe with respect to insight...
       | But missed the mark to the Northeast by a few hundred miles.
       | 
       | Replace "New York" with "DC" and "writer/conspirist" with
       | "legislative aid/lobbyist" and you begin to comprehend the true
       | scale of this horror. Reporters are relatively insignificant by
       | comparison.
        
       | [deleted]
        
       | evancoop wrote:
       | Academia risks becoming another such field. Professorial salaries
       | are not commensurate with the educational years, as there is
       | little demand for published research in journals. As a result,
       | journals demand payment from the writers themselves.
       | 
       | While certainly not every doctoral candidate hails from a wealthy
       | family, there is a pursuit of status that does lead to similarly
       | homogeneous views.
        
         | chaosbutters314 wrote:
         | just as a data point to this. I worked for a PepsiCo, massive
         | company. The position requires a PhD and you have to live in
         | metro NYC, pay was only 80k.
         | 
         | So not just professors, but a lot of positions that "require" a
         | PhD pay poverty wages when someone has given up any kind of
         | earnings for 5-6 years developing skills getting a PhD.
         | 
         | There is a big problem with east coast jobs (mid-atlantic to
         | NYC) from "older" companies that require tech experience and a
         | PhD but do not want to pay accordingly because theyre stuck in
         | an 80s mindset.
        
           | fennecfoxen wrote:
           | As a PhD you might aspire to better but a position in NYC on
           | $80k is hardly "poverty wages".
           | 
           | For starters, there's this little thing called "commuting"
           | you may have heard of. Ordinary people, without PhDs, do it
           | plenty. The NYC Pepsi offices seem to be a medium-short walk
           | from Christopher St. PATH; you would have no trouble living
           | in Jersey City or Hoboken on the ( _computes_ ) ~$2000/mo
           | rent that would be 'affordable' at such pay. I bet you get
           | tax-deductible transit benefits, too, and a monthly pass is
           | around $100.
           | 
           | There are people in New York working full time jobs to make
           | $15/hr, $30k a year. That's a lot more like the "poverty
           | wages" you name.
        
             | 999900000999 wrote:
             | 80k a year minus student loan payments.
             | 
             | I couldn't imagine living in any HCOL city with less than
             | 100k minimum. If others want to struggle, fine.
             | 
             | But logically why not live in Chicago off that 80k, and
             | take a 20 minute L ride to work.
        
         | 3pt14159 wrote:
         | Big time. I remember hanging out with the AI team here in
         | Toronto before deep learning took off. Then it took off and
         | Microsoft just bought the research team out from under UoT's
         | feet. It was a sky high payout.
         | 
         | Same thing for the government too. I'm civically minded, so
         | I've taken a couple contracts here and there to help out the
         | Government of Canada, but man is it a pay cut. But what are
         | they going to do? Pay more than the Chief Justice of the
         | Canadian Supreme Court?
         | 
         | Sometimes governments try to work around this with contracting
         | companies so that they don't have to see the salaries directly.
         | But this is just padding extra waste and cost.
         | 
         | But this is what exponential tech is going to look like, at
         | least until AI replaces us then who knows.
        
           | jonnycomputer wrote:
           | Here in the US, politicians, especially on the right, love to
           | highlight and criticize public employees, especially if their
           | salaries seem too large. But Federal employees salaries are
           | not too large, barely competitive with the private sector. If
           | you want government to work well, attract talent by paying
           | them what they'd earn outside of it. But all that just comes
           | from an ideological interest in shrinking government so they
           | can drown it in a bathtub. If you make sure government
           | doesn't work well, then you have an excuse for eliminating
           | it.
        
             | yibg wrote:
             | I think the problem is the distribution. SOME government
             | employees (at least in Canada) are seen as being paid too
             | much because the pay is clustered really closely together
             | and often don't reflect market pay.
             | 
             | You get software engineers that get paid 70k a year but
             | also janitors that get paid 70k a year with the same number
             | of years in.
        
           | dmurray wrote:
           | > But what are they going to do? Pay more than the Chief
           | Justice of the Canadian Supreme Court?
           | 
           | Pay your consulting firm 100x more than they would pay any
           | one government employee, and not ask questions about how much
           | of that goes to each consultant.
        
           | everforward wrote:
           | From what I've heard, another part of why the government
           | struggles to get good IT workers is that the processes for
           | getting anything done are Kafkaesque, even compared to large
           | enterprise roles.
           | 
           | There are other things governments could do though.
           | 
           | Coming from a US perspective, the biggest one would be to
           | pass some kind of law that employment contracts can't prevent
           | you moonlighting for the government. I'd probably be willing
           | to pick up some contract work to do on the cheap, but I can't
           | because of my employment contract.
           | 
           | Another is that the government already has access to a lot of
           | things I don't, and I'd be willing to trade my time for
           | access to some of those things. Free flights on army cargo
           | planes would be a great perk. I would totally do some work if
           | they'd let me drive a tank for like 30 minutes and fire the
           | cannon down the range a couple times. They probably have
           | access to HPC clusters that would tempt some (I don't have
           | the skills to have the interest, but I'm sure many do).
           | 
           | Government pensions are another option, although they'd have
           | to require less than 40 hours a week of work to qualify. It
           | might end up being more expensive than just paying more.
           | 
           | Tax breaks are another option. Someone would have to figure
           | up the demand curve, but a 10% cut to my effective tax rate
           | would be tempting depending on the amount of work required.
           | 
           | Free education would be another option if they could offer it
           | for part time work.
           | 
           | I don't feel that the government has gotten particularly
           | creative in trying to attract talent. The pay is bad, the job
           | is a bureaucratic nightmare, and the perks kind of suck other
           | than the pension.
           | 
           | The downside is that a lot of those are likely to piss off
           | the rest of the government employees.
        
             | 3pt14159 wrote:
             | There is red tape, yes, but there are upsides to doing
             | contract work for them too. The sheer scale of impact is
             | daunting. Millions of people looking for work and you help
             | them figure out the areas their recommender system needs
             | improvement? That's tens of thousands of homes that now
             | have employment where they wouldn't have. Just think of the
             | cascading impact.
             | 
             | I don't know how to do it in the US, but in Canada you
             | should be able to get these types of short-term gigs if you
             | do a bit of networking in Ottawa and mention that you're a
             | specialist in X, and that you want to help out here and
             | there to give back. Wont take long. People want to bring in
             | experts that will take occasional lower pay for impact.
             | 
             | Edit:
             | 
             | Also, the servers are BEEEEFY, haha. They might be cloud
             | first these days, but when I was there it was still all on-
             | premises and man alive are those machines huge.
        
               | mabub24 wrote:
               | I think the Public Service in Canada also suffers from
               | extremely opaque hiring practices. Unless you're aware of
               | what they're looking for in a resume or the PS style
               | cover letter, you're just sending in your resume to the
               | void. FSWEP is the unofficial actual hiring route. Then
               | the average time for a lot of hiring outside of getting
               | "bridged in" is 9 months or more. Most people find that
               | absurd.
               | 
               | I do know some CCs and branches are trying to make
               | changes but the PS in general is an absolute dinosaur for
               | hiring and shows no signs of improving to match the bleed
               | they'll have as people start retiring out.
        
             | sjg007 wrote:
             | It's also one reason most Senators are millionaires.
        
             | throwaway2037 wrote:
             | You wrote: <<to pass some kind of law that employment
             | contracts can't prevent you moonlighting for the
             | government>>
             | 
             | This is a brilliant idea. In some sense, the gov't is the
             | biggest non-profit in any modern nation. Large corporations
             | love it when you "moonlight" at a non-profit. Your are idea
             | is not so far-fetched! I'm sure lots of techies would love
             | to pitch-in and help to improve an online gov't service --
             | be it local, regional, or national.
        
           | xxpor wrote:
           | >Pay more than the Chief Justice of the Canadian Supreme
           | Court?
           | 
           | Yes. Why not?
           | 
           | One is a job in a market, with no "external" validation to
           | make up for the lack of pay. The other is one of the most
           | elite legal jobs in the world.
        
         | derbOac wrote:
         | Not risks, has become.
        
         | ajsnigrutin wrote:
         | Paying for journals to publish your papers is a thing academia
         | did to itself. Publish or perish, demanding papers in a few
         | cherry-picked journals to continue your career, and basically
         | funneling grant money into journals hands is something that can
         | only be changed from within academia.
        
           | dmix wrote:
           | A lot of industries make sense in the context of their time,
           | I'm sure having a few papers with esteem and influence as
           | primary status indicators made a lot sense back in the day.
           | 
           | There's just some things that are stuck in rigid unchanging
           | organizations/industries. Anything heavily government reliant
           | or bureaucratic, which universities are probably the best
           | example of, is going to be extremely slow at adapting to the
           | world.
           | 
           | Just like how lawyers still use fax machines.
           | 
           | It's extremely hard to be different and make change/stand-out
           | in those organizations. Which also relates back to the
           | articles point about cultural insularity.
        
           | tannhaeuser wrote:
           | Somewhat comparable to F/OSS, except without the grants.
        
             | hiptobecubic wrote:
             | How is that similar to foss?
        
             | moffkalast wrote:
             | Ah yes just like every open source project must pay a grand
             | to github to host their code. /s
             | 
             | What are you even talking about?
        
             | matheusmoreira wrote:
             | I don't have to pay anything to publish code I wrote. Peer
             | review only happens in Linux distributions.
        
         | ebiester wrote:
         | However, professors were historically from the gentry. It was
         | always a position of status and privilege, especially before
         | World War 2. It was only when the demand for higher education
         | surged (largely by the GI bill but also by the computer
         | revolution that created the white collar jobs today) that this
         | changed.
         | 
         | Further, the amount of published research has also exploded as
         | the supply of qualified applicants has surged. That said, I
         | think eventually the journals problem will solve itself -
         | people inside academia are trying to figure a way out already.
        
         | asdff wrote:
         | Grad students are so terribly underpaid in Academia. Salaries
         | should go up 3x at least across the board for stipends. Grant
         | funding agencies are spending millions of dollars on scientists
         | who are only seeing salaries of at most $35k in the highest
         | cost of living areas to do things like study cancer or climate
         | change.
         | 
         | It's kind of an open secret, but usually grant aims are
         | somewhat vague. It's up to the grad student saddled with those
         | couple of aims for their thesis work to identify what exactly
         | to do. To vet the literature for methods. To order equipment or
         | reagents. To conduct the experiment or analysis. To write up
         | and interperete the results. To outreach to collaborators and
         | set up meetings. To draft up the results into a published
         | paper. Sometimes grad students are even relied upon to pen the
         | next grant. The big joke is by the time you are done with your
         | PhD project, you know more about the topic than anyone in the
         | department or your professor or your committee. I think that
         | actually typically happens by third year. Professors are tied
         | up with administerial duties, class, and several other projects
         | they may be juggling, along with their personal lives. You are
         | lucky if your professor has five hours a week to devote to your
         | particular project.
         | 
         | It is so shameful that grad students are the backbone of modern
         | research yet we pay them competitive salaries with In n Out.
         | It's no surprise how grad students are so likely to have
         | significant mental health issues considering the workload doled
         | upon them for pittance pay that they have to figure out how to
         | make work over years of other costs rising, while they are
         | often without a raise.
        
           | DiggyJohnson wrote:
           | Why should they increase? Please don't shoot the questioner,
           | but is your thought that this would increase the quality of
           | scientific output?
        
         | chrisseaton wrote:
         | > as there is little demand for published research in journals
         | 
         | Not sure what you mean by this - for advancement in academia
         | this is 90% of what hiring or promotion committees demand.
         | 
         | > journals demand payment from the writers themselves
         | 
         | From the institution, not the authors.
        
           | jbsimpson wrote:
           | > From the institution, not the authors.
           | 
           | Typically the authors pay the journal out of their own
           | funding.
        
             | chrisseaton wrote:
             | Well I'd call that institutional money. 'Writers have to
             | pay' makes it sound like they're paying from their own
             | personal cash.
        
               | derbOac wrote:
               | Sometimes they do. Regardless, if it's often coming from
               | funding that implies the authors have to have grants or
               | come from institutions that are willing to pay, which
               | disadvantages individuals without resources (they often
               | have discounts for those without resources but in my
               | personal experience the discount is absurdly small, like
               | 15%, which is a lot for someone who just doesn't have
               | external resources to publish under that model, if
               | they're asking for 2k+ per paper).
               | 
               | Either way it creates a backward incentive structure, of
               | pay to access.
        
           | derbOac wrote:
           | Nowadays though the research is secondary to grant funding,
           | so hiring and promotion committees don't even care about
           | that.
           | 
           | I was on a promotion committee where someone had a large
           | grant but was not publishing. This went on for years and the
           | response from significant segments of the department every
           | year was literally something like "they have a large grant,
           | it's fine, of course they'll publish".
           | 
           | Publications are seen as a dime a dozen, and open access and
           | issues about replicability and so forth have just added to
           | the sense they're not worth much. The attitude is more along
           | the lines of "if your ideas are really that important and
           | high impact, it will convince the federal government to pay
           | for them." It's very much the classic betting market idea,
           | that true value is revealed only when money is on the line.
           | 
           | I'm not saying this is good or bad, just my experience, in
           | the US. I personally think the current funding system creates
           | distorted incentive and reward systems, and that the original
           | idea of academics was to insulate from that a bit or at least
           | provide an alternative to traditional for-profit models.
           | 
           | If something doesn't change I think this trend will only
           | accelerate. Journals will maybe become seen as irrelevant,
           | with grant or funding receipt being seen as the actually
           | rigorous form of peer review. Everything will become a form
           | of seeking VC funding, either from private or public funders.
           | Again, whether that's the _best_ model for funding anything
           | in the US, private or public, profit or nonprofit, is a
           | different issue.
        
         | unemphysbro wrote:
         | Universities take a cut (30 - 50%) of grant money brought in by
         | profs. The incentive structure for good science is broken.
         | 
         | Academia is a racket.
        
           | asdff wrote:
           | They also charge tuition that doesn't exist for grad
           | students. Your classes year 1 or two in most stem phd
           | programs are going to basically be the professors from the
           | department giving research talks trying to get you to join
           | their lab. Then they end and you are doing research or TAing
           | for the department for the next 3-however many years. Only
           | the thing is, the school still makes you sign up for tuition
           | units, for a special class that only has grad students in it,
           | and when you look at your bill you are charged full tution
           | for this nonexistant class that just exists on paper. Your
           | funding, whether it be the from your professor in an RAship
           | or from the department in a TAship or an outside fund like
           | the NSF, has to pay for this nonexistant classes tuition. You
           | might be a line item of 90k a year on the grant budget, but
           | you only see 35k from the nonexistent tuition. The rest just
           | poofs into smoke into the inner workings of the school
           | bureaucracy.
           | 
           | It's basically money laundering with extra steps, and there
           | is no way out because literally every school does this and
           | too many people on academia have Stockholm syndrome.
        
         | HPsquared wrote:
         | This could be a reversion to the mean. Historically the arts,
         | science and philosophy were mostly hobbies of the wealthy -
         | either doing the work itself or sponsoring it. Not really a
         | "money-making" activity but a hobby or clout-chasing activity.
        
           | ren_engineer wrote:
           | this is the answer, STEM could easily fund itself in a free
           | market. The same can't be said of the many other college
           | degrees that are now funded mainly by student loans.
           | Government created a distorted market that ruined many
           | people's lives by trapping them with debt for a degree that
           | provided no real world value
        
             | asdff wrote:
             | I feel like the student loan issue wouldn't have been so
             | bad if they were mandated to be used in state for public
             | schools. You aren't going to be six figures underwater with
             | an in state tuition bill of what like $14k before any aid
             | or scholarship at UCLA. If you work full time in the summer
             | you can put a huge dent in that too. Landing a favorable
             | internship in a summer can actually net you ahead.
        
             | ghaff wrote:
             | STEM covers a lot of ground. Undergraduate biology and
             | mathematics degrees probably don't confer any great
             | employment advantage other than as a generic degree that
             | demonstrates you have some facility with technical stuff--
             | which isn't necessarily _that_ much better than an English-
             | adjacent degree depending upon what you want to do.
        
               | dodobirdlord wrote:
               | Undergrad math degrees pay off pretty well. As a group
               | math degrees are second after engineering degrees for
               | highest median starting and lifetime salary for people
               | with only an undergraduate education.
               | 
               | Relevant graphs on pages 12, 13, and 19. Math,
               | statistics, and computer science are lumped in together
               | on pages 12 and 13, but the graph on page 19 shows that
               | the median salary for all three is very similar.
               | 
               | https://1gyhoq479ufd3yna29x7ubjn-wpengine.netdna-
               | ssl.com/wp-...
        
               | ghaff wrote:
               | That makes sense I guess. Even if you don't go on to do
               | grad-level math or physics, it's a good foundation and
               | preparation for a lot of other quantitative occupations.
               | Whereas chemistry and biology have often been considered
               | being "pre-med" majors to a non-trivial degree. They're
               | less of a foundation at the undergraduate level for well-
               | paying jobs.
               | 
               | >the median salary for all three is very similar.
               | 
               | Though note that this data is almost 10 years old. It
               | wouldn't surprise if computers rose more than the
               | average.
        
               | ren_engineer wrote:
               | if you have a math degree you can do pretty much anything
               | you want. Pure math as an academic probably isn't great
               | pay but FAANG and hedge funds will pay massive money for
               | people good at math who are willing to learn to code
        
         | soniman wrote:
         | There was an academic fellowship with something like a $40
         | application fee and it got like 1000 applicants so the
         | fellowship was funded by the application fee! That is literally
         | a circular prestige economy.
        
       | brian_herman wrote:
       | I really like my low status high wage job!
        
       | iratewizard wrote:
       | > And why do I get the sense that I can summarize at least half
       | of them as White children of the upper-middle class
       | 
       | Did the author learn nothing from the recent Whoopi Goldberg
       | incident? They don't want to be identified as white anymore,
       | because they don't want lose status or oppression points.
        
       | kosyblysk2 wrote:
       | `journalists`? hahahaha
       | 
       | i actually live in this area, they are mostly corporate sell outs
       | or small time `progressive` emos/flakes
       | 
       | the hood ain't cheap either.
        
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