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Well, re: journalism yes there is now 1000x more shit-tier content spamming farms than there were before. But the prestigious and serious news organisations still do perform serious high-quality reporting and investigative journalism. From Der Spiegel to The Guardian and many others. Even in my small country with a dire newspaper market there are still 2 or 3 serious newspapers performing high quality journalism.

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> But the prestigious and serious news organisations still do perform serious high-quality reporting and investigative journalism.

You’ve omitted one word: honest.

They only "investigate" approved stories. What you say is an illusion they create quite well.

In the UK, there is probably only one that goes slightly deeper - Private Eye and they still have not touched many topics related to corruption and other scandals where Guardian either low-key supports (the perpetrators) or don't talk about it at all.

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