logoalt Hacker News

mmoosstoday at 6:14 PM0 repliesview on HN

> the product is produces is not worth what it costs to produce it.

The product is not priced at what it costs to produce it. Price is what you pay, value is what you get.

Why is it priced too low for its value? IMHO a major reason is people not rejecting the 'post-truth' era, but embracing it - devaluing truth. For example, they way overvalue information on social media, because its lack of truth is not a consideration.

Journalists personally are on the scene, talk to key people, read the documents, interview experts, and are trained professionals in gathering and reporting information accurately. Somehow hot takes from someone who hasn't left their basement is seen as valuable. Imagine someone on social media who did all that work.