Daily Maverick (Johannesburg)

21 May 2014

South Africa: Op-Ed - the Future of the News Business

analysis

You are going to see the news industry grow 10X to 100X over the next 20 years from where it is today. That is my starting point for any discussion about the future of journalism. Here's why I believe it, and how we will get there.

This article was first published on Marc Andreessen's blog, and we are grateful for his permission to re-publish it in Daily Maverick.

Journalism has changed

There has been a fascinating change in the traditional journalistic press over the last several years. Take corrections as an example. It used to be that corrections to printed news stories were a really big deal. There was a high bar to get a correction accepted in a newspaper or magazine. The story as printed was the permanent record.

That was then.

Now, even top print newspapers and magazines frequently revise stories online, sometimes dozens of times, often without tracking changes or acknowledging a change has been made. There are two ways to view this. The glass-half-full-view is that stories get better and better over time, vectoring ever closer to the truth. As a result, overall accuracy goes up over time. That is good for publications...

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