LEGACY PLAYER, DIGITAL DISRUPTION, AND USERS WITH THEIR NEWS — THE CHALLENGES FOR MEDIA TODAY

THE CONTEXT: The Reuters Digital News Report 2024 prompts everyone in the public domain to reassess the essence of news in today’s rapidly changing media landscape. It highlights the significant shifts brought about by digital disruption and the rise of social media.

THE ISSUES:

  • Transformation of News Production and Consumption: The nature of news has significantly transformed from the pre-independence era to the Manmohan Singh era and into the age of social media. Technological advancements have shifted the landscape from traditional print and broadcast media to digital platforms.
  • Crisis in the Global News Media Ecosystem: The Reuters Digital News Report 2024 highlights a “crisis” in the global news media ecosystem. The rise of misinformation and disinformation, declining trust in news sources, political and vested interests attempting to manipulate news, and financial sustainability challenges the changing strategies of big tech companies exacerbate news organizations face.
  • Influence of Big Tech and AI on News: Big tech companies, particularly Silicon Valley ones, increasingly focus on formats that drive engagement, such as video content, rather than promoting credible news. The rise of artificial intelligence (AI) introduces new dynamics, such as AI-driven chatbots and the threat of deep fakes, further complicating the news landscape.
  • Decline in News Consumption and Trust: Interest in news and politics is declining noticeably, with many consumers experiencing news fatigue and selectively avoiding news. This trend is particularly pronounced in certain regions, leading to decreased news subscriptions and a diminished appetite for paid online content.
  • Emergence of New News Ecologies: The digital age has created personalized news ecologies, where individuals curate their news environments based on their preferences and worldviews. Social media platforms like YouTube and WhatsApp have become significant news sources driven by charismatic influencers’ appeal and content shareability.

THE WAY FORWARD:

  • Building Trust through Transparency and Accountability: News organizations should adopt industry-wide standards to disclose how they collect, report, and disseminate news. This includes clearly labeling news, opinion, and fact-based commentary and avoiding advertising formats that blur the line between content and commerce.
  • Corrections and Fact-Checking: Implement best practices for corrections, fact-checking, and anonymous sources. This will help maintain credibility and trust with the audience.
  • Public Engagement: Engage more deeply with the public to understand their needs and concerns. This can be achieved through forums, surveys, and direct interactions, ensuring that editorial content aligns with what the public cares most about.
  • Superspreader Identification: Work with social media platforms to identify and mitigate the impact of misinformation superspreaders. This involves understanding social media’s incentive structures to reduce the spread of harmful misinformation.
  • Innovative Revenue Models: Explore new revenue models such as memberships, subscriptions, and micro-payments. Encourage readers to support quality journalism through various engagement and loyalty programs.
  • Algorithm Transparency: Advocate transparency in how social media and search engine algorithms prioritize news content. This will help ensure that credible news sources are not unfairly deprioritized.

THE CONCLUSION:

While traditional news values and formats persist, the digital era has introduced new challenges and opportunities, from the rise of AI-generated content to the increasing role of social media influencers. As the media landscape transforms, the only constant is change, compelling us to continually rethink and redefine what news means in the modern world.

UPSC PAST YEAR QUESTIONS:

Q. In the Indian governance system, the role of non-state actors has been only marginal.” Critically examine this statement. 2016

Q. Though 100 percent FDI is already allowed in non-news media, such as trade publications and general entertainment channels, the government has been mulling over the proposal for increased FDI in news media for quite some time. What difference would an increase in FDI make? Critically evaluate the pros and cons. 2014

MAINS PRACTICE QUESTION:

Q. Critically analyze the impact of digital disruption, including the role of social media and artificial intelligence, on the credibility and consumption of news.

SOURCE:

https://indianexpress.com/article/opinion/columns/krishen-khanna-captures-illuminates-human-condition-9455755/

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