The Economist Logo

Back to the Coffee House

Has the news industry come full circle? Hundreds of years ago, news spread via word of mouth, pamphlets, and newsletters – often in coffee houses or public spaces. This, by its very nature, encouraged conversation surrounding the news; both in response to it and in distributing it. Then there were newspapers, and mass-audience media usurped information sharing authority for many years. However, it seems the news industry is returning to the original, more conversational nature of news distribution. Platforms like YouTube and Twitter are enabling ordinary people to become increasingly involved in compiling, sharing, filtering, discussing and distributing news. While this benefits society in numerous ways, it inevitably comes at a cost.

To read more, click here.

(image source)

Similar Posts

  • The Power of Picking Fights

    There is nothing more effective for getting people to follow (and buy from) a leader than the existence of a common enemy. While this doesn’t mean you should go around calling on people to commit acts of violence or cruelty, those who aspire to lead—and to sell— need to publicly take a bold stand about…

  • Matt Ridley: When Ideas have Sex

    Matt Ridley, author of the book The Rational Optimist sweeps the entire arc of human history to powerfully argue that “prosperity comes from everybody working for everybody else”. It’s our habit of trade, idea-sharing and specialization that has created the collective brain which set human living standards on a rising trend. In this TEDGlobal talk Ridley…

  • Grilled Squid

    Lloyd Blankfein is CEO of Goldman Sachs, and on Friday the 16th April he described his day as “one of the worst days of my professional life”. This was largely due to the Securities and Exchange Commission (SEC) filing civil fraud charges against Goldman Sachs.  The bank was accused of failing to disclose that a hedge fund had…

  • The future of freight: Transforming the movement of goods

    Supply chain issues and production bottlenecks brought to the fore by the pandemic presented opportunities to reshape freight operations Introduction In the years that led up to 2019, the twin rise of e-commerce and consumer expectations began placing unprecedented strain on global transportation networks and logistics providers.  Manufacturers and retailers responded by pushing their existing systems—a…