Saturday 24 February 2018

The fake news hysteria and the Intellectual Dark Web


Two writers, from Left and Right, make contrarian, optimistic arguments about the effect of the internet on public debate:
Both make interesting points, but their optimism is unwarranted.

What is really going on?

Lower costs

The internet has dramatically reduced the cost of publishing. The market for news and opinion has gone from an oligopoly to a classical free market, with many sellers and many buyers. What before required industrial-scale machinery and a nationwide distribution network can be done by anyone with a Facebook account.

By standard economic theory, that should be good for consumers, providing more variety at lower cost. Mr Murray and Professor Milanovic both broadly take this line. But long ago, Joseph Schumpeter argued that monopoly could be better for innovation than free markets. A monopolist would expect to reap all the dividends from investing in new techniques; in a free market, other sellers could and would steal your new ideas.

For news production on the internet, this argument applies in spades. Newspapers always competed for the scoop and knew their rivals would follow the story up the next day. (In the jargon, news is non-excludable.) The internet has exacerbated this: an article which took weeks of gumshoeing to produce can be copied in a second – even if not literally copied and pasted, its ideas can be taken. The traditional press is right to grumble that Google News and Facebook are killing its business model.

The result is that analysis, which anyone with a brain can produce, proliferates, but actual reporting, which costs time and money, withers. And so, instead of scoops, we get front page news about cold weather snaps. The extreme version of this is the Daily Express in the UK, which has given up reporting as too costly, and fills its headlines with press releases about heart disease drugs.

Unfortunately, modern democracies need the information gathered by reporters much more than they need analyses from social scientists and pundits.

The end of the consensus

The old media firms were not neutral actors. To get political news, the journalist asked his pals in the government for a juicy story. In return, they expected favourable coverage. Different organs allied with different political tribes, but when the elite as a whole agreed on some view, challenges to that view went unheard.

This was the old-style social construction of reality. It was certainly problematic. On the other hand, a consensus, even a biased one, provides society with the evidence base it needs to make collective decisions, and common ground as the basis for constructive debate.

Clickbait

That has all gone. The Sun can no longer swing elections with its headlines. A paper publishes a fishy story about Jeremy Corbyn meeting a Czechoslovak spy – his rebuttal, on Youtube, gets a million views in a day. 

Those politicians that grasp this new reality – Leftists like Corbyn, nationalists like Trump, centrists like Macron – win elections. Those that don’t, don’t.

Back in the day

 Is this the democratic ideal realised? Nope: you can also get a million hits by reporting fake news on Trump’s gorilla channel. News has another quality: it is an experience good. What we buy are “stories”. We cannot find out for ourselves which stories are real. The market failure this would normally cause used to be mitigated by a journalistic outlet’s reputation. Broadsheet newspapers were biased, but they left the really garbage stories to the tabloids.

In a market with a million outlets, all copying each other, this partial solution no longer works. As a result, we are drowning in clickbait.

What solves public goods problems?

The actors in this new reality will not be thoughtful bloggers like Branko Milanovic. They will be states. States can control the flow of information within their borders. They have the resources to produce fake news, real news and everything in between. They can step in and solve the public good problem. And they have the incentive to do so, because states need to produce consensus supporting their actions.

Professor Milanovic occludes this point by describing Al-Jazeera, Russia Today etc. as “foreigners” as against the “Anglo-American” media. But this misses a distinction: Russia Today is directly an organ of the Russian state. The New York Times is not.

Similarly, the fragmentation of the internet into national borders is not a reactionary backlash against the new open world. It is part of the same process. It is the obvious next step.

What is there to celebrate here? Yes, now the West knows what it feels like. But when Radio Free Europe broadcast into the Soviet Bloc, it was passing on the truth – at least some truth – from liberal democracies to dissident citizens in some thoroughly nasty dictatorships. When RT broadcasts to us, it gives us lies and conspiracy theories.

Western hegemony was often exercised brutally. Many liberals and progressives, sensing its end, mistakenly infer that the rising powers – Russia, China and their allies – will agree with their values better. This wishful thinking will deserve the nasty surprise it gets.

Hobbits and hooligans

Douglas Murray celebrates the availability of new ideas that challenge the consensus. I agree: I’m glad to read Jonathan Haidt or Nicholas Christakis or Sam Harris.

We now have a free market in theories. Whereas before we all had to buy the one theory, we now can pick the one we like best. Will the best theory win?

The political theorist Jason Brennan describes three kinds of citizens. There are hobbits, who like comfort and don’t want to be made to think; hooligans, who gather evidence to support their preconceptions; and vulcans, rational thinkers like Spock in Star Trek, who make ideal citizens because they inform themselves impartially. Evidence from public opinion research provides the kicker: basically, Vulcans don’t exist. There are only hobbits and hooligans. Jason Brennan is skeptical about democracy.

Jordan Peterson seems like a good guy, and who is to disagree with rules in his book like “Stand up straight with your shoulders back”? Whether that is intellectually ground-breaking work, I am less sure. It sounds an awful lot like Make Your Bed (author Admiral William H McRaven, US Navy, retd). In general, there is a market right now for sensible, Victorian advice. What Professor Peterson does seem to have is great charisma as a lecturer.

Intellectual progress requires more than the existence of competing views. Those views must meet in reasoned debate, and the better argument must win. The blogosphere, or Intellectual Dark Web or whatever, has not yet proved its ability to generate this kind of progress. I hope it does. Meanwhile, it is certainly nice to find intellectual allies, and the internet can provide that for all of us.

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