[T]he informational content of our news has tanked. People still feel the existential need to be informed, creating a great sucking black hole for news, and the news media is producing all the news it can to fill it, but right now there just isn't much new information to put in the news. So the news media is producing lots and lots of news that has little to no informational value. If anybody is waking up from a coma, I suppose, and missed the last four months, there's still plenty of factual goodness coming out, but for anyone who is even reasonably well informed, most of that factual goodness has no informational value because it's not new and different.
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All reading is a kind of speculation – that is a gamble. Even if the cost of what you're reading is free, you're gambling your time. It's like you're staking the chunk of time you spend on reading something on the gamble that it will have been worth the time you spent on it when you've finished reading it.
And I'm telling you that right now the odds of that gamble have just gotten much worse, and I am suggesting you adjust your betting behavior accordingly.
From the article:
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