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Matthew Ingram vs. Tom Standage: The Economist's Digital Strategy Considered Harmful - Washington Center for Equitable Growth
If The Economist is going to add value for society, it will have to become a trusted information intermediary, rather than just seem to be a trusted information intermediary. It may survive, and it may return healthy profits to its conglomerate owners and lavish salaries to its workers if it seems to be a trusted information intermediary, but, really, is that the point?
Does Matthew Ingram and I cannot be the only people who are deeply alarmed at the internet strategy that the very sharp Tom Standage has just outlined for the Nieman Journalism Lab. If you focus on becoming a trusted information intermediary, you may well make it. If you just focus on seeming to be a trusted information intermediary, you surely will not make it.