> Another issue is, of course, from where else you would get accurate news if not from journalists and press agencies. I've never heard of any reasonable and viable alternative from critics of traditional news media. Cell phone videos by citizen reporters with hysterical voice over can hardly count as a good substitute. Neither are copy&paste news aggregators or bloggers.
This is true, but why does this mean we should assign trust to newspapers? I think the reality is that a reliable source of information is not possible due to the Principal-Agent problem [0]: any information-providing body is going to have incentives to distort the information provided. Misleading headlines or "clickbait" to draw in more readers are one such incentive, and the inherent difficulty of verifying one's facts is another. The notion that there has to be something we can trust is a foolish one, and we should be skeptical of everything we read.
This is true, but why does this mean we should assign trust to newspapers? I think the reality is that a reliable source of information is not possible due to the Principal-Agent problem [0]: any information-providing body is going to have incentives to distort the information provided. Misleading headlines or "clickbait" to draw in more readers are one such incentive, and the inherent difficulty of verifying one's facts is another. The notion that there has to be something we can trust is a foolish one, and we should be skeptical of everything we read.
[0] https://en.wikipedia.org/wiki/Principal%E2%80%93agent_proble...