I would say that one of the other reasons for our news addiction is ego. Facebook and news publishers understand how much of our identity is tied up in this consumption and that’s what they manipulate. It’s this need to be seen as well informed. We have this great word now: virtue signalling. Knowing everything that’s going on in the world, having an opinion on these news stories, having the right opinion on these news stories, we believe says something about us. We want to be in the club of the elite, smart, informed intelligent, compassionate, interesting people. We don’t want to be on the side of the ignorant people or the people who have tuned out. These are what the publishers exploit.
–Ryan Holiday “Seriously, You—OK, We—Need To Stop Watching The News This Year” Observer
You really might as well wait for a weekly like the Economist to tell you what the net position is at the end of the week.
To follow the daily or hourly news cycle is the media equivalent of day-trading: it’s frenzied, pointless and usually unprofitable. I’d much rather read an item which just showed me the photos or documents. And if you’re going to write some text, take a position or explain something to me. Give me opinion or reference; just don’t pretend you’re providing news. That’s not news.
—Nick Denton: What I Read (2011) The Atlantic