The issue of fake news is extremely serious and it requires immediate attention. Its proliferation will undermine trust in everything. Everything will look fake. Including the truth.
Without reliable and trusted information:
- Consumers and commercial buyers will delay purchases.
- Businesses won’t have good information for investment decisions.
- Shareholders won’t have a clear view into investment risks.
The rich get richer…
The winners will be special self-interest interest groups — a variety of organizations with nefarious agendas. They will do very well in a fake news future and will learn to operate with impunity. Because even if outed — the truth will look fake. And anti-truth technologies will act as a red herring for a lot of censorship of valid content.
It’s very bad for the economy. Fake news is also bad for your head.
"The point of modern propaganda... is to exhaust your critical thinking"