Fairfax, the second largest Australian newspaper publisher, recently said it would cut 1900 jobs, almost 20% of its staff. I was asked for comment by the Australian Broadcast Service, which was concerned about the effect on independent news from the loss of hundreds of top journalists.
I said that it would have an adverse effect because well-financed special interest groups would have a field day promoting their agendas. There’s very little that can be done to stem the loss of journalists because we don’t yet have a business solution to this problem, which is the direct result of a disruptive technology at work, one that continues to devastate the media industry. And there will be even more job losses to come.
To read the full, original article click on this link: Why disruptive technology will continue to claim jobs in the media industry | memeburn
