Machines Like Us S1E9 — Why Journalism Made a Devil’s Bargain with Big Tech

August 13, 2024

Things do not look good for journalism right now. This year, Bell Media, VICE, and the CBC all announced significant layoffs. In the US, there were cuts at the Washington Post, the LA Times, Vox and NPR – to name just a few.

Fifteen or 20 years ago, many publishers were actually making deals with social media companies, thinking they were going to lead to bigger audiences and more clicks. But these turned out to be faustian bargains. The journalism industry took a nosedive, while Google and Meta became two of the most profitable companies in the world. And now we might be doing it all over again with a new wave of tech companies like OpenAI.

Julia Angwin has been worried about the thorny relationship between big tech and journalism for years. She’s written a book about MySpace, documented the rise of big tech, and won a Pulitzer for her tech reporting with the Wall Street Journal.

She was also one of the few people warning publishers the first time around that making deals with social media companies maybe wasn’t the best idea.

Now, she’s ringing the alarm again, this time as a New York Times contributing opinion writer and the CEO of a journalism startup called Proof News that is preoccupied with the question of how to get people reliable information in the age of AI.