Stub comment for off-topic replies to https://news.ycombinator.com/item?id=28356187, which is now pinned to the top.
They really wouldn't need to spend so much on hosting fees if they were willing to do a text-only version - the main website is heavy as hell. I'm sure many people would be willing to pay for it.
Also these days I don't consume regular content from sources that do not provide an RSS feed.
I still think you're right though, human labor is likely more costly.