TRIGGERnometry - The Best Conversation About News, Opinion and Censorship You've Ever Heard - Richard Miniter

Episode Date: January 21, 2026

Richard Miniter is an American investigative journalist and bestselling author focused on national‑security reporting. | Earn a yield on gold https://monetary-metals.com/triggernometry/ Triggerno...metry is proudly independent. Thanks to the sponsors below for making that possible: - The University of Austin is a pro-American university with free tuition and high standards -- if you’re ready to be tested, apply at https://uaustin.org - Get Huel’s full High-Protein Starter Kit with my exclusive offer of 20% OFF online with my code TRIGGER20 at https://huel.com/TRIGGER20. New Customers Only. Code only valid for the bundle. Thank you to Huel for partnering and supporting our show! - Monarch, the all-in-one financial tool. Get 50% Off with CODE: TRIGGER at https://www.monarchmoney.com Join our exclusive TRIGGERnometry community on Substack! https://triggernometry.substack.com/ OR Support TRIGGERnometry Here: Bitcoin: bc1qm6vvhduc6s3rvy8u76sllmrfpynfv94qw8p8d5 Shop Merch here - https://www.triggerpod.co.uk/shop/ Advertise on TRIGGERnometry: marketing@triggerpod.co.uk Find TRIGGERnometry on Social Media: https://twitter.com/triggerpod https://www.facebook.com/triggerpod/ https://www.instagram.com/triggerpod/ About TRIGGERnometry: Stand-up comedians Konstantin Kisin (@konstantinkisin) and Francis Foster (@francisjfoster) make sense of politics, economics, free speech, AI, drug policy and WW3 with the help of presidential advisors, renowned economists, award-winning journalists, controversial writers, leading scientists and notorious comedians. 00:00 - Introduction 01:26 - The History Of News 21:55 - The Factory Model Being Applied To News Print 28:00 - The Progressives 40:03 - The Media Becoming The Writers Of The Orthodox Official Opinion 44:28 - How The Funding Model Changed 46:53 - News And Censorship 57:33 - Should Online Speech Be Unrestricted? 01:09:51 - Richard's Predictions For The Future 01:22:43 - Legacy Media And Investigative Journalism Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript
Discussion (0)
Starting point is 00:00:01 They have two conflicting ideas of news, which emerge from two different parts of our history. News sort of starts to begin in ancient Rome. They were trying to control rumors. And as bad as we think the internet is, ancient Rome was far worse. In the 1400s, along the River Rhine, is this idea that free speech is necessary for social peace. The Dutch ideas of the Rhine River tolerance come here. The upper class of New York is terrified. They fear the accountability of the opinions of people.
Starting point is 00:00:37 And what we're seeing playing out with all of these battles on X and on YouTube, these two different ideas are in a deathmatch. Depending on which side wins, depends on how we will see reality in the coming decades. Not loving your AT&T or T-Mobile bill? Yeah, we've been hearing that a lot. Good news. Bring your AT&T or T mobile bill to Verizon and we'll give you a better deal. So get away from that unfortunate phone bill and get to Verizon.
Starting point is 00:01:06 Run, ride, canoe. Whatever it takes, we'll be here. Bring your AT&T or T mobile bill to a Verizon store today and we'll give you a better deal on the best network. A better deal. No surprises. That's Verizon. Best Network based on root metrics, best overall mobile network performance U.S. Second half 2025, all rights reserved. It must provide a recent consumer mobile bill in the name of the person who gave me the deal. Additional Terms Conditions and Restrictions apply. If you're looking for a more flexible way to homeschool or just make a look learning work better for your family. Time for learning can help. It's an all-in-one online curriculum
Starting point is 00:01:33 for pre-K through 12th grade with customizable lessons in course subjects, electives, and enrichment courses, so you can create a learning plan that fits your child's pace, interests, and goals. And because homeschooling is easier when parents of the right support, it also comes with tools like an activity planner, automatic grading, and transcript templates to keep lessons organized and make progress easy to track. Whether you need a full homeschool curriculum or extra academic support, Time for Learning adapts to the way your family learns. Right now, get $20 off your first month at TimeforLearning.com with code podcast at checkout. That's Time, number four, learning.com. Start today with month-to-month access and no long-term commitment. Richard Minnetter, welcome back to Trichonometry.
Starting point is 00:02:18 Well, it's great to be back, guys. Well, it is great to have you back because the last episode we did with you, the first episode we did with you, was on our last U.S. trip. I think it was one of the biggest interviews we've done, actually in the history of the channel. absolutely crushed it, fantastic conversation about American history. Today, we wanted to talk to you about the history of news, history of journalism, the history of censorship,
Starting point is 00:02:39 and there's a lot to talk about, going all the way back. There is a lot to talk about. And a lot of what people, when people fight about news, which they do on the internet every moment of every day, it's because they have two conflicting ideas of news, which emerge from two different parts of our history.
Starting point is 00:02:56 And once you understand the history of news, you'll understand why both sides feel so intensely about their point of view. And what are those two sides? Well, let's do the history first. Yeah. Okay, so as all good histories, let's start with caves and cave drawings, right? And the early humans told stories on the walls of caves.
Starting point is 00:03:21 And we think due to certain DNA evidence, about 100,000 years ago, started telling oral stories. But I would contend while they were passing on new information, they were passing on speculation, emotional reactions to things, they might even have been telling, you know, recent history, this is how the hunt went or this happened in the village over the hill. That wasn't news. That was information, speculation, rumor. Just a little aside. Also, I think scientists misunderstand these cave drawings, these wonderful animals, some of which are extinct. We have no evidence of other than the drawing on the wall of Lescaux and France or various different Spanish caves.
Starting point is 00:04:05 But during the Ice Age, you're spending a lot of days indoors. If I go to any, in the wintertime in the northern hemisphere, any person's home that has children, and I go into the child's room, what's on the walls? Animals, pictures of animals, right? So isn't it possible that they weren't necessarily leaving a record for us, which they had no idea about? but to entertain their children during the long ice age.
Starting point is 00:04:32 So entertainment is older than news. We knew that already. So this goes on for a while. City-States formed, and governments began issuing decrees. They make announcements from palace walls, and we have records of these from the Sumerians and the Babylonians and cities of Err and Lagosch. And some of these records are very old,
Starting point is 00:04:54 40,000, 35,000 BC. But again, that's not news. That is, the people in charge telling you what they're doing, and maybe not even why, or what your orders are. News sort of starts to begin. Proto News emerges, I contend, in ancient Rome, with the Acta diurna, which you can translate as the Daily Acts or the Public Acts. And this isn't yet news, but it's very close,
Starting point is 00:05:24 because it is presented to the general public. It's, we don't have any copies of these. These have all vanished. We know the act that diana exists only because of quotations from various Roman writers who we do have copies of their work. But we do know that these were put up fresh every day for about a 200-year period, starting in BC and ending, depending on what sources you see, 180 or 220, AD. And they announce far-off victories or defeats, sometimes other news. gossip that would make the daily mail blush. Senators, mistresses caught in embarrassing situations.
Starting point is 00:06:04 But these are put up in the forum and in other public places, and then sometimes read aloud to the illiterate, kind of like town criers that you'd see much later in history. So it has the mix that we would recognize, right? It has gossip, it has politics, it has a bit of economics, that has foreign affairs, but it's controlled by the government. And it is not really accountable publicly. The audience doesn't have a say.
Starting point is 00:06:34 And only senators and tribunes. And tribunes, there's, the Romans were ruled by a two-house, Congress or parliament, right? The senators and the tribunes. So the famous abbreviation you see everywhere, SPQR is the Senate and the people of Rome. Well, the people is the House, represented in the House of the Tribunes. Anyway, a Tribune, an elected official or a senator, another elected official, largely inherited as well, they could object. That was it.
Starting point is 00:07:06 And there was no correction process. You couldn't sue. There was no libel. There was no slander. But it's the beginning of news. Now, why do the Romans do it? No other ancient people had really done it this way before. And it's because they were trying to control rumors and speculation. And as bad as we think the internet is, ancient Rome was far worse, right? People making up all sorts of wild stories. People thinking the conspiracy theories of the internet, ancient Rome had this times ten. And they realized if we didn't do something, if we didn't start to say like what the actual casualty figures were in the battle that we lost, or what the actual territory we just took was, wild stories would abound.
Starting point is 00:07:54 And that would mean that there would be trials, sometimes executions, coups, upheavals, all sorts of things. So if we could give the public, and this is why it's proto news, a common share of facts, things that we all know are true and can roughly agree on, that that would cause peace, not perfect peace, not perfect harmony, but at least we're not arguing about basic facts. And that is the beginning of understanding the importance of news.
Starting point is 00:08:22 If we all have the same vocabulary of facts, then we're debating about how important this is compared to that. That is why is our politics so polarized today? Because we no longer have this shared diet of facts. But when it works, and we're all agreed as to what is going on, what the facts are, and the debate is about the emphasis, we're in a much less polarized world. That's why the Romans created the act that they are not.
Starting point is 00:08:48 That's what they were trying to do. now news really begins and maybe francis this differs entirely from what pbs told you and i'm so i apologize about in the 1400s along the river rhine now the rind is a very special river in european history begins in the mountains of switzerland it goes through germany and then it empties into the north in modern-day Netherlands, Holland. And along this river, we see a tremendous amount of Protestant movements emerges. Germany at this time period is not a united country, even though technically it's the Holy Roman Empire.
Starting point is 00:09:33 There's different princes and principalities and dukes and so on. And your royal leader, your princely leader, could decide what flavor of Protestants you were, or whether you're still with the Roman Catholic Church. And you would be on a boat going down the Rhine, and you would be, if you were a Protestant, you'd look out on Catholic cities, and you know that if you came to shore, the chances of you being tried and burnt alive as a heretic
Starting point is 00:10:02 were very high. And yet, on the river, 10 feet from shore, in the current, you were safe. and your cargo was safe for the most part. And that's not to say that all Protestants were united either. Protestants executed Protestants. These religious wars were intense. But just as the Gutenberg in the city of Mainz,
Starting point is 00:10:27 that's sort of on the east bank or the left side of the, looking from above, of the Rhine River, almost in the dead middle of the German Rhine is Mainz. And in that city, not far from the docks, is this guy, Gutenberg, with the movable type printing presses. There are others who have similar devices, maybe not as good as his. And he's printing the Bible, and he makes so much money printing them the Bible in the vernacular. He can afford to take speculation in printing other things. So he prints catalogs.
Starting point is 00:11:00 He prints opinions. He prints religious tracts, including for denominations that he doesn't share the values of. with the idea that even if it's banned in mines, he can bundle it down to the docks, put it on a boat, and the city that's paying for it further down the Rhine will take the cargo and he'll make the cash. So as long as he's not caught with it, everything's fine.
Starting point is 00:11:23 So why is all this matter? Well, it is competition of ideas. And remember, in medieval times, all political ideas are really offshoots of religious ideas. and the core Protestant idea at this time is that you have a personal relationship with God. You discover who he is in your personal journey, and you have, to use a horrible modern phrase,
Starting point is 00:11:50 your truth. And no one, and by the way, that's where that idea comes from. And no one should be able, in the Protestant perspective, no one should be able to interfere in your exploration. And part of your exploration is talking about, about it and thinking about it and reading about it. So in this great, these religious wars and this desire for social peace and just,
Starting point is 00:12:15 you know, you guys go worship over here and we'll worship here and these third guys will go worship over there, is this idea that free speech is necessary for social peace. Let everyone have their say, let the ideas move up and down the Rhine about religion, but also increasingly about politics, about economic, economics. And believe it or not, we owe this initial idea of free speech, which is essential
Starting point is 00:12:42 to the creation of news, to these very tough-minded German Protestants who were stubbornly insisting they were right and everyone else was wrong and also their great desire to make money. And capitalism, which is a lot like the individual, you have an individual relationship with God is that you have the right to an individual relationship with your customers and your employees. You can choose who to hire and fire. There are no hereditary employees. It's governed by contract. And you have a right to sell to your customers as they, if they choose you and you choose them, that's it. That's all that matters. So this idea of this personal relationship with God has enormous political and economic effects. And at the mouth of Iran, in the modern day Netherlands,
Starting point is 00:13:33 becomes an incredibly tolerant society, especially after the Spanish leave at the end of the 1500s. And this idea of tolerance becomes super important. But what is moving up and down isn't just books. People don't want books are expensive, and people don't have time for books all the time, but the beginnings of newspapers, what originally called in German news books,
Starting point is 00:13:57 but just what's going on in these different cities of the ride. And by the way, has the religion of this city changed since you last sail past, and it is now unsafe for you to land. Or do we want to mock these people in Geneva or in Strasbourg or what have you? And so these newspapers are quite lively. They caricature people. They make sexual and spiritual allegations.
Starting point is 00:14:21 It's as wild as anything on the internet today. And you combine this idea of free speech and capitalism, and you get the beginning of news, where you have news outlets that are only accountable to the people who pay for them. If you start writing about things that people don't trust, don't believe, your audience goes down and soon your printing costs are higher than your revenue and you're out of business. If on the other hand, you feed your audience, you give them what they want and hopefully give them a healthy version of what they want, your revenues will grow. More people will buy your paper. And this is the
Starting point is 00:15:03 beginning of news, independent of the state, lively in its perspective, accountable to its readers. And this idea evolves and changes over time. It comes to England in Europe almost last, but it definitely flowers in the early 1600s in the Netherlands and in Germany. And the Dutch settle and form a colony that they call New Amsterdam, which is the modern city of New York. The Dutch ideas of the Rhine River tolerance come here. And New York has been a decidedly wide open free market of ideas, opinions, and businesses for centuries as a result of the Dutch foundations of the city. And by the way, Canal Street in downtown, literally was a canal until they filled it in. I mean, the Dutch deep foundations of our culture are hidden.
Starting point is 00:16:03 but still visible, especially things like what is news. And in the 1730s, there's a German immigrant from the Rhineland named John Peter Zenger. And after apprenticing for a printer in Philadelphia, he moves to New York with his wife and opens a small newspaper called the New York Journal, and he begins publishing the news of the day. And he publishes an account, which he says is true, of the royal governor of New York.
Starting point is 00:16:41 Remember the Brits still rule in the 1730s, still rule New York. And about corruption, self-dealing failure to look after his public duties. What he has to say about the governor is less important than what happens next. the governor cannot under British law directly jail him unless he accuses him of a crime and libel is a crime which you can be in prison for this time so he's imprisoned and held for eight months before trial which is why one of the reasons why cases like this is why you have a right to be arraigned in a very specific amount of time under the U.S. Constitution to this day
Starting point is 00:17:31 and why you have the right to a jury trial and so on. So if you're imprisoned, your food in the 1730s in New York this time has to be brought to you by your wife or friends of yours. Someone has to bring you food every day. The prison doesn't necessarily feed you. So his wife would put out the newspaper because that's how they made the money to pay for the food and pay the rent. and they keep trying to shut down her newspaper,
Starting point is 00:18:02 and she works, and she would go to jail every night and provide the food to her husband, and he would say, okay, go over to New Jersey, take this rowboat over, and all these little machinations to stay in business, right? Much later, the New York Journal is merged into a newspaper that you may have heard of called The New York Post after many changes of ownership
Starting point is 00:18:25 and splits in ownership. Anyway, so copies of this paper exist to this day. You can find facsimiles online. He finally goes to trial, and some slick lawyers from Pennsylvania argue for the first time in the English common law, the truth is a defense against libel. Yes, we do not argue that these things, these facts that we presented make the governor open to ridicule. He looks ridiculous. He looks corrupt.
Starting point is 00:18:58 But this is the truth. And truth, I should not be punished for producing the truth. This is a revolutionary doctrine. And because this is a British Empire case, this precedent will change the English-speaking world. This German immigrant who's been in the United States, the colonies, really, for less than a decade, is about to change the English-speaking world. But the governor and the upper class of New York, which is a piece of the upper class of England, is terrified.
Starting point is 00:19:35 How will we stop ridicule that will come from the lower classes? How will we stop the finger pointing? How dare they? Our honor comes from status, and our status comes from not being ridiculous. And when Quakers from Pennsylvania tell us that we're going to be made ridiculous what to do, and their answer is, don't do ridiculous things, that's not satisfactory. We are. We are important people.
Starting point is 00:20:09 They fear the accountability of the opinions of people who are far poorer, far less educated, some cases literally dirtier than themselves, right? but it's the beginning of revolution because the jury nullifies. The jury refuses to find him guilty even though the facts say that he is and then admits that he is more or less at trial. So this becomes a principle.
Starting point is 00:20:38 The truth is a defense against libel. Much later, in English history, you're going to have some unfortunate laws and so you can't, if you're trying to operate a newspaper in England today, I would not use this. anger precedent. But in U.S. law, it is absolutely still governance. Truth is an absolute defense in this country against libel. And that case could only have happened in New York,
Starting point is 00:21:01 which really settled as New Amsterdam with the Dutch sense and the Quaker sense of, which comes from the Pennsylvanians who argued this in court. And this defense means that you cannot be ruined by the powerful for reporting things about them, which means that suddenly journalists can hold corporations, aristocrats, the famous, accountable in a way they never could before. I'm about to share one of those ideas that once you understand it, changes how you think about owning gold entirely. This is not a normal gold advert. Today's sponsor is monetary metals, and what they're doing is rethinking how gold is used. Traditionally, Gold ownership is passive. You buy gold, store it and hope it preserves value over time.
Starting point is 00:21:49 While it sits there, it doesn't do anything, and often you're paying storage or insurance fees just to hold it. Monetary metals approaches gold differently. They allow gold owners to earn a yield on their gold, paid in gold, not in dollars or pounds, but in physical gold ounces. The way this works is straightforward. Monetary metals connects gold owners with real productive businesses like refiners and jewelers that need gold to operate their businesses. Those businesses lease the gold and pay a yield back to the gold owner in gold. That means your gold isn't just sitting idle. It's being put to productive use, and over time, you're earning more ounces of gold.
Starting point is 00:22:25 You can earn up to 4% annual yield paid in gold, allowing your holdings to compound in ounces rather than currency. While your gold is earning yield, there are no storage or insurance fees charged, and you remain in control. You decide how much of your gold you want to deploy into lease opportunities, and how much you want to keep on. deployed. You can open an account with as little as 10 ounces of gold and start earning yield straight away. In an environment where paper currencies lose purchasing power over time, earning a yield in gold is a way of growing real wealth and real terms. To learn more, visit monetary-dashmetals.com slash trigonometry or click the link in the description of this episode and see how you can earn up to 4% yield on gold with monetary metals and put your gold to work.
Starting point is 00:23:09 That side again is monetary-mettles.com slash trigonometry. for a more flexible way to homeschool or just make learning work better for your family. Time for learning can help. It's an all-in-one online curriculum for pre-K through 12th grade with customizable lessons in core subjects, electives, and enrichment courses, so you can create a learning plan that fits your child's pace, interests, and goals. And because homeschooling is easier when parents have the right support, it also comes with tools like an activity planner, automatic grading, and transcript templates to keep lessons organized and make progress easy to track. Whether you need a full homeschool curriculum or extra academic support,
Starting point is 00:23:47 Time for Learning adapts to the way your family learns. Right now, get $20 off your first month at TimeforLearning.com with code podcast at checkout. That's Time, number four, learning.com. Start today with month-to-month access and no long-term commitment. Then the next piece of the revolution happens when you start to apply the factory model of production to news. what instead of having to hand print out on something a little bit better than what Gutenberg offered 300 years before, just 50, 60 years after Zenger, you have these massive printing presses, which become ever more efficient at the end of the 18th century and deep into the 19th century,
Starting point is 00:24:32 where it's suddenly, by the 1830s you have the penny press, an entire broadsheet, some cases 52 inches wide, with paint. pages upon pages, all available for a penny in the U.S. And they are so profitable, they're employing people to translate news from overseas. And this is where the word correspondent comes from. So in this time period, traveling was a very big deal. Most people did not travel far.
Starting point is 00:25:04 Now, today we have jet planes and 19-year-old illiterates Instagramming from Bollett. right okay it's a different world but in 1791 chances that you could travel more than a dozen miles two dozen miles to this day I think to join the Travelers Club in London in Helmell you have to say that you've traveled 400 miles from your from the founding stone of the club right so even a trip across the channel to Calais which a lot of people tried to do the joined the club back in the day, didn't count.
Starting point is 00:25:43 You had to go far afield, and 400 miles was considered to be this enormous distance. So a correspondent would be someone from this community who traveled and wrote a letter home. And these letters would be reprinted in the newspaper. Like, this is what I saw in Paris. This is what I saw in Amsterdam or Hong Kong or Shanghai. And they would often print who the letter was addressed to.
Starting point is 00:26:08 And he'd been like, I hope Sally's okay. like that would show up in the piece. These are very homespun kind of things originally. But with the mask printing, they begin to think about employing their own correspondence. And the next bit of the revolution comes with the telegraph. The telegraph is the closest thing to the Internet that the 19th century has.
Starting point is 00:26:32 Because the telegraph means that you can send a large amount of information almost instantly over an incredible distance. stock prices can move from London to New York across the Atlantic and this business still influences how our news is gathered to this day Reuter, I think Julius Reuter if I'm getting his name right
Starting point is 00:26:57 notices that there's a gap in the telegraph lines in Belgium and he uses carrier pigeons to move the news for stock trading and other business news purposes and from the money from Matt and various other ventures, he eventually opens a newswire that uses telegraph lines to move news, gather news from around the world and sell it to newspapers. And famously, the Times of London refuses to be his customer for several years.
Starting point is 00:27:29 And he keeps getting scoop after scoop. And eventually they bow and become a customer. And these businesses become quite large. Reuters in London, the Associated Press forms in the 1840s in the United States, the Germans, the French, and the Spanish and the Italians all form their newswires. But theirs are different. In the English-speaking world, these are for-profit ventures that are accountable to their customers. They're doing news. Part of news is being accountable, letting your audience have a say.
Starting point is 00:28:03 How much do we trust you? Do we believe you? Because if we don't believe you, you're not valuable. right, you're just like a government agency issuing edicts, like it's just not interesting. Whereas in Germany, in France, Spain, and Italy, these were government entities more or less from the beginning. And though they mimicked a lot of the freewheeling style
Starting point is 00:28:28 of the English language newswires, and they did collect information from around the world, and frankly, some of them have very good product, Deutsche Bella, Al-Jolns-France Press, but there's still, especially in the beginning in the telegraph era in the latter half of the 19th century, those governments had a lot of control over what was presented, it wasn't.
Starting point is 00:28:48 But in the speaking world, it was more wide open. It's not to say the government didn't censor troop movements and a handful of other things, but for the most part it was pretty freewheeling. It was pretty wide open. All that's great. By the end of the 19th century, we're gathering news from all over the world,
Starting point is 00:29:08 we're reporting it quickly, competition is improving things. And we have something like an honest news system. That's not to say there weren't political party papers because, of course, there were. To this day, I think there is a, the Hartford, it's not the Hartford current. There's a newspaper in Connecticut,
Starting point is 00:29:33 what in the name of the town is, the Republican, there's the Arkansas Democrat, the political parties used to sponsor their own newspapers and decidedly their own point of view but the but they were still governed by independent competitors and they knew their readers would be reading those too so they couldn't go too far competition accountability and this idea that yes you can have your own individual idea of the truth just like the medieval protestant could have have its own individual relationship with God, but you're in competitions.
Starting point is 00:30:10 You've got to pay attention to the other people's idea of truth. And so it isn't just your truth. It has to be a shared, provable truth. Then two things happen, and this is why we have such fights over news today. One is a group of intellectuals decide, and we could loosely call them to the progressives. I'm not making a point about today's progressives.
Starting point is 00:30:40 This is what these people at this time called themselves. Which time are we talking about? So sorry. Let's say 1890 to 1900. The muckrakers emerged just after that. And they do some fabulous reporting on the evil things that happen in meatpacking plants and so on. A little bit later by 1920, Walter Littman writes a fantastic book called Public Opinion. And they are criticizing the news as being too slavishly devoted to the audience, right?
Starting point is 00:31:16 To put it in British terms, too much like the Daily Mail and not enough like the New York Times, right? By the way, much later, the New York Times is founded as a Republican newspaper initially. Funny how things start out. So these progressives want to change the news. The news should not be what the public wants to consume, right? Because from the public's point of view, you consume news for entertainment reasons and to help you make decisions. Who do you vote for? Where do you send your kids to schools?
Starting point is 00:31:49 This is a safe neighborhood to build a house to buy a house, et cetera, et cetera, to make decisions. And you don't necessarily expect the media to tell you what your values are. You want to find those out on your own. But there are a great number of intellectuals in this time period who want to tell you. what your values are. And they come out of the continental European idea of news. And a great number of the early progressives actually studied in the socialist precincts of Germany in the late 19th century for longer or shorter periods. And they're bringing these ideas with them. This whole freewheeling, anything can happen as long as we can prove it, we can report it. That whole ethos has to go away.
Starting point is 00:32:36 And this needs to be calmed down and governed and run by adults. And look, their criticisms are basically correct. I mean, the newspapers were pretty wild. They would say, you know, pretty outrageous things. So did they need to be professionalized and reined in a bit? Yes. But what they wanted to design was far more than that. They wanted to design a German, French model in which what the media
Starting point is 00:33:06 reported and what the governing class wanted was the same. So what they wanted was to reverse the decision that embarrassed the royal governor New York in 1735. 200 years later, they wanted a do-over. And we, the great and the good, should be safe from your ridicule, from your jokes. And they were going to construct a system to do exactly that. So at first, they tried a frontal assessment. And they started, they made friends with a very interesting character called SS McClure, and he starts publishing these long-form magazines. And they would publish literally 10,000-word articles on very, you know, wheat production and things of this nature.
Starting point is 00:33:56 And no one read those, or very few people read those. And so as a commercial venture, McClure wasn't doing, so McClure's Magazine is the famous progressive, magazine at this time, but there are others. So we're in 1906, 1908 here, and they start going after, they start doing what FDR would call trust busting. They go after Rockefeller and the other robber barons. And they start to realize that these long, dense articles aren't going to work.
Starting point is 00:34:32 But they still want to change society. They still want to change the media. So they pull back and they think about the problem. And this is where we see the beginning of a century of changes that give us the kind of news that make us entirely unhappy today. So first they begin with awards. Let's reward people not just financially because what the financial rewards are always going to line up with what the readers want. We need to be able to reward people for things that we want. So they invent the Pulitzer Prize.
Starting point is 00:35:08 They invent journalism schools. These are the correct people to be journalists. It's not you, by the way, at this period of time, yes, there are some college people who write for newspapers from the beginning. But most of this, most of these are blue-collar observers of real life. Right? So they've been sailors and printers and warehouse guys. And so they're they're not as susceptible to ideology, and they're very immersed in the real world, right? So like, wait, you want to do what?
Starting point is 00:35:44 You want to open up asylums and let those people live on our streets? And that doesn't sound like a good idea. Right. What could be thinking, right? What could go wrong? Those kind of people are not congenial for the progressive cause at 1906. So in 1908, they formed the first journalism school in the United States. which is in Missouri. In 1912, you get the Columbia School of Journalism,
Starting point is 00:36:07 which later awards the Pulitzer Prize. And they start to distinguish, this is the professional man who went to, you know, this law school for lawyers. And by the way, there wasn't always before that. There's the four ends of court in your country. So just as they took the casualness of the training of lawyers and professionalized it in a German way, they did the same thing in journalism. Now, in law, that's a more arguable thing. That probably makes sense. With journalism, it definitely does not,
Starting point is 00:36:39 because you get a very particular class at a very particular point of view instead of a newsroom full of competing classes. And some are immigrants, and some people were born here before the revolution, and it's just a constant rolling debate and observation about society. Newsrooms used to be really fun, wild places.
Starting point is 00:37:00 when I joined the Wall Street Journal back in 2000, one of the things the HR department made me sign was a document saying I would not keep a bottle of liquor in the office. And that's probably because decades before, this was actually a problem in the journal, and in other newsroom. Okay, so they start to professionalize,
Starting point is 00:37:22 they start to hand out awards, and then they realize what they really need is unions. If they can control the means of production, they can control what is produced. The problem is that journalists don't like unions. And there is a battle between 1908 and 1933 to unionize. And most of these people simply do not, just like school teachers in this period of time, rejected all attempts at unions at.
Starting point is 00:37:50 And in 19, I think it's 1908 or shortly thereafter, the LA Times is bombed by unions for refusing to unionize. the building explodes, several people are injured, I think one or two are killed, and it made worldwide news. Half a city block was burnt or damaged by the explosion. And if the dynamite had been slightly better, the deaths would have been far more numerous. And ultimately, the Justice Department investigates and discovers a ring of bombers associated with the unions.
Starting point is 00:38:28 And this did not help unions appeal. The journalists wanted to be free to write what they saw, what they heard, what they felt, what they thought. Doesn't mean these people were saints, but that's what they wanted. They wanted that freedom of movement. And unions wanted a more formalized, controlled structure. And these early violent acts actually slowed down their appeal.
Starting point is 00:38:58 But by 1933, they had their first major newspaper unionized. And between the 1930s, under the New Deal, in the United States, and by the early 60s, they had basically unionized all television, all radio, and all the major newspapers in the United States. And, of course, the news wires, the Associated Press, and Reuters were unionized this time. All under the same union. So now you have a cartel. Ultimately, this union fractures, and there's a couple of major. news unions but the News Guild of America was the dominant union at this time and with
Starting point is 00:39:36 unionization comes resistance to change and certain habits of mind which don't like dissent it's dissent is not good for being in charge of a cartel right toxic effect and this starts to drive out of journalism the people who the oddballs the both the intimators, the strange people, the people who will camp out and go after a story when everyone else thinks there's no story there, the creative and the self-destructive, which often can be the same person. And you left in its place is a lot of middle-class people looking for a safe, predictable job. This changes what kind of journalism is produced. I'm not saying that Greek journalism wasn't produced in this period,
Starting point is 00:40:31 30s to the 60s and even after the 60s, because that would be absolutely false. There are some of the most amazing reporting, writing, investigations who were in the 60s, 70s and 80s. So I'm not casting aspersions. I'm just saying the kind of person who went into news. Universities are a bad deal. Six figures of debt for a bachelor's degree that signals less every year,
Starting point is 00:40:53 four years spent navigating ideological rules instead of learning how to think. Grades are inflated, standards are lowered, and dissent is punished. We call it higher education, but it's mostly expensive daycare with a credential attached. University of Austin, also known as UATX, is different. Admissions at UATX are based on test scores alone. No essays, no resumes, nobody cares who your parents know. If you're smart enough, you're in.
Starting point is 00:41:17 UATS students turn down UChicago and Fled Barnard to complete a demanding great book score, including Aristotle, Shakespeare, Tokville, alongside real math, science, economics, and AI. Classes are small. Professors actually know your name. Grades aren't padded. Excellence is measured and rewarded. From day one, students work directly
Starting point is 00:41:38 with top founders, investors, and institutions, building companies, doing serious research, and landing real internships. And here's the part that changes everything. There is no tuition. Thanks to private donors, every UATX student graduates debt-free, free to take risks, start companies,
Starting point is 00:41:54 and build a life instead of paying off loans. If you want a credential, look elsewhere. If you want a serious education that actually prepares you to lead, apply to the University of Austin. Visit you-Austin.org. That's you-Austin.org. Some follow the noise. Bloomberg follows the money,
Starting point is 00:42:16 because behind every headline is a bottom line. Whether it's the funds-fueling AI or crypto's trillion-dollar swings, There's a money side to every story. And when you see the money side, you understand what others miss. Get the money side of the story. Subscribe now at Bloomberg.com. But the progressives, even after all of this, they've created journalism schools,
Starting point is 00:42:43 they've set up professional associations like the society professional journalists to issue ethics rules. They have awards. They have unions. They still don't feel like they have... control over this crazy beast that is the media. So they start to push for public ownership. In the late 1940s, we get publicly owned stations,
Starting point is 00:43:09 radio stations in San Francisco, New York, LA, and a few other places. Ultimately, in the 60s, we see the emergence of national public radio and public broadcasting, which is the television arm. And it's like, let me show you guys how it should be done is basically the approach of public media. to try to condition the private market
Starting point is 00:43:32 from going off, leaving the catechism, right? And then we also see the emergence of the media critic, the person who criticizes media coverage and basically taps everyone back into line. This starts roughly with Walter Lippman, but it really takes off in the 1950s and by the 1970s, a lot of people, places have media critics and people journalists live in fear of being criticized by the media
Starting point is 00:44:05 critic and so if you look at what they're doing they're creating more and more institutional strengths to try to drive the media in one direction to tamp down descent to be the anti-internet to the greatest extent possible and in the course of doing this they're actually producing a very different kind of news than what I originally described. They want to write the orthodox official opinion. And we see the climax of this in COVID. How dare you report on dissenting views? How dare you cover ivermectin?
Starting point is 00:44:47 How dare you say this? How dare you say that? Well, there's no, how dare you in journalism? If it's true, report it. If it's not true, say someone's spreading lie and prove that right but there's no you're not without fear or favor is the new york times is famous saying back in the day what about that it's great standard and the and reality is incredibly complex and ever-changing to think that it always that the orthodoxy of the people in
Starting point is 00:45:19 charge always comports a reality it's just a childish point of view of course it doesn't what's really cool is not to be a prosecutor to defend and punish what the officials think is right and wrong, but to be a detective, not a prosecutor. What's really going on? Why are all, why these people think this and are doing this while these other people are, be a detective. That's the original idea of news. So what we have here are two different ideas of news, which have been with us since ancient days, which we thought we banished in the 1735 Zenger case, but are very much with us today, an official establishment view that is frozen
Starting point is 00:46:04 and is negotiated within itself, unaccountable to the general public, or a form of news that is constantly curious, that holds its ideas very lightly, because other evidence might emerge, that might have to release those ideas, that understands that the world is complex and different, and barricaded and therefore fascinating.
Starting point is 00:46:28 Two different ideas of news. And what we're seeing playing out with all these battles on X and on YouTube is these two different ideas are in a death match, in a duel, and only one can win. And depending on which side wins, depends on how we will see reality in the coming decades, Will it be dictated by the professionals, the experts, the people who know better, or will it be wild and woolly and unpredictable and fun? Well, one that's fascinating, by the way, a 40-minute analysis of the history of the... Sorry, guys.
Starting point is 00:47:11 This is why we love you. This is fantastic. So much to pick up on there. The first and obvious thing to me is you haven't said anything so far about the funding model. And that must change at some point as well, because if I am in the Gutenberg era, I am selling a newspaper or a proto newspaper to the audience, to the person who's going to buy it, if I'm running a TV, I was just miraculously in a TV channel studio this morning, not to do something, to have a coffee with somebody.
Starting point is 00:47:47 And while I was waiting, I watched, you know, they have like a 10-screen screen with different TV channels on it. While I sat there waiting for my meeting, within 15 minutes, I probably saw about 20 ads for healthcare of various kinds, for a big pharma company. The entire business has basically run. So when you come back to COVID, you're going, that is not an accident that they were pushing a particular narrative on it, because the entire business model at this point is dependent on the advertisers who dictate to them what they ought to believe. And that's something that I I think it's probably worth delving into as well, the funding model of the business. Okay, so I don't think there are advertisers.
Starting point is 00:48:30 I know the network news is full of like incontinence ads and things for old people, right? But it's not because those people run the news. I would be shocked to learn that Bayer or Merck or Pfizer actually says to the anchors of, you know, the evening news, don't do this story or do this story. That would be shocking to me. But they don't need to. But those advertisers are there because that's who the audience is. If you were selling things that were of interest to young people,
Starting point is 00:49:01 it would not be a good investment because there's virtually no one under 40 watching those programs. In fact, getting information from broadcast television is something that younger people just don't do in any appreciable numbers. Yeah. So, and it's, I loved, again, loved the opening of the interview. It was so rich and so informative. And what I think I would love to talk to you about is a role between news and censorship. Because I was reading and pushback if this is wrong and PBS were giving me fake news, as it were. But I was reading that particularly in Spain and Britain, that censorship, the moment the Gutenberg started to be used. The moment it was used to challenge authority was the moment the authorities, basically crown and church went, I think we need to take a hold of this. Absolutely, right? And I think the, is it Tyndale is the first translator, a major translator of the Bible into English.
Starting point is 00:50:10 And I think he's burnt alive outside the walls of Oxford in 1557, something like this. Yeah, these people paid with their lives. But they were a very hearty and determined lot. And they kept insisting on their right to tell people about their encounter with God and their views thereby, which were heterodox. And the more that society, the state, tried to stamp down on them, the more people who didn't share their views, developed some sympathy for them. Right. And also it made people question things that had not been questioned before. And this is hard for us to fully imagine because we are living in a post-religious world,
Starting point is 00:51:04 especially among educated people. But religion was a deadly serious subject in the 16, 17, 1800s. And the idea that your baptism might be illegitimate, and then you might there, for it will not be saved and therefore your death might be meaningless and you might just disappear when you die was horrified because if your death is meaningless in this time period your life is meaningless and if you take away someone's meaning you might as well have ripped out their spine they have no so this these were highly fraught issues and the idea that because it's such an important and personal issue, you as a matter of conscience, have the right to explore
Starting point is 00:51:53 your connection to the divine and therefore your connection to the real world as well, and I'm not saying the divine world isn't real. I'm saying the ordinary world, the world we see here now. That's an extension of this core thing. But in a society that takes religion deeply seriously, the right to pursue and figure this out, on your own, as long as you're not harming other people, right? If you are bringing children into dangerous activities that end up in their disfingerman or dismemberment, or you're compelling people not to pay taxes to the king or things that defy courts, these kinds of things were not tolerated.
Starting point is 00:52:36 And the public largely went along with the king stamping down on that stuff. But if it was just a bunch of people sitting in a room singing songs out of key, the public support for this was quite low. And one of the great aspects of the English constitution at this period, we're talking in the 1600s, before Cromwell, the king had to enforce his will through sheriffs, and every county had a sheriff at this point. And the sheriffs would often refuse to do it.
Starting point is 00:53:10 They would refuse to collect taxes if they thought the taxes were unjust. They would refuse to improve. prison people for like, what these people are doing is harmless. You know, I don't like their music. I don't like their view of the Bible, but, oh my gosh, they're just sitting inside it on dreary winter day like doing their thing. What do I care? Right?
Starting point is 00:53:30 Sheriff just wouldn't do it. And the King's ministers knew this. And they tried, there's his correspondence and they're trying to figure out how to, how to get these sheriffs to actually enforce the King's censorship. But also, the idea that censorship is a bad idea. ultimately came to be embraced by Catholics because it was used against them. The censorship was used against them. But initially, this was a deeply, deeply Protestant idea.
Starting point is 00:53:57 By the way, censorship always fails in the long run. What's tempting about it is it seems to work in the short run. So let's look at Weimar, Germany, 1920s, right? Hyperinflation, jazz age. You've got this in your mind now, right? We've all seen the miniseries. the social democratic party, which the SPD, still in German, major force in German politics today,
Starting point is 00:54:21 it was the ruling party throughout most of the 1920s. And it was worried about the Nazi party, its main rival, and it had increasing amounts of censorship, banning books, banning magazines, banning public gatherings, and all of it drove actual support for these dangerous evil lunatics, the Nazis. And then in 1933, through a series of unfortunate events, Hitler ends up as Chancellor of Germany and takes all those censorship laws and applies them to the people who put them in place in the first place, the Social Democrats. And there's a famous incident in the fall of 1933 where they cry out in the Reichstag and say, this is wrong. You're violating our rights.
Starting point is 00:55:13 You're censoring us. And Hitler said, is a very cold voice. I would have much more sympathy for you and your free speech rights if you hadn't been taken hours away for the previous 10 years. And the Hitler supporters and others applaud Hitler's cold calculating voice. So this is where censorship leads. It's ultimately used indiscriminately against everyone. It's a very dangerous game.
Starting point is 00:55:49 What we're seeing in this Trump hatred today is, oh my gosh, you're using the laws against me, but I'm one of the good people. And there are those of us who believe in limited government who say, be very, very careful of the laws you write. Because you're not going to be in charge forever, and those laws will still be there. write rules that you can live with when you're not in charge.
Starting point is 00:56:16 And it's such a good point. And yet at the same time, I do have empathy for platforms like YouTube during the pandemic where you had conspiracy theories like David Ike going 4G causing COVID, for example, which we all know to be ludicrous, apart from a very sizable minority of people, some of whom burnt down 4G towers or destroyed them or whatever else. and people will go to the
Starting point is 00:56:41 execs at YouTube and going well this is your fault how did you allow this to happen yes look there are people the audience for censorship is quite large and well educated and well placed
Starting point is 00:56:58 and they will not just say what you're saying because that's kind of reasonable like can we really push people to commit violent acts and destroy property is that like a good thing Surely, that's actually illegal in many cases. But you can't always get rid of the content that you don't like with such, you know, not everyone's appealing to violence, right,
Starting point is 00:57:22 or property destruction. So they use copyright strikes. This person misused this, you know, he has three seconds of a song, and he doesn't own a license to that song, or he's got this photograph. Well, he put it on the screen for a second to illustrate his point. But there's no good, at least in the U.S. It's no good definition of fair use.
Starting point is 00:57:42 And so they'll use copyright strikes to take down on popular people. Or their claim that they have stolen intellectual property. He's copying me. I said this out first. All that kind of thing. So they will be very legalistic and formulistic in taking down these things.
Starting point is 00:58:01 I've always wondered why we've decided that the moderation has to be done at a central point. And if the moderation isn't perfect, the company that pays the moderators is somehow at fault. Instead, why doesn't every user get a dashboard and say, okay, I don't want to see any teenage nudity, I don't want to hear any swear words, you turn the dials, right? For all the stuff we hate seeing on our screens or we don't want our kids to see on their screens, there are other people who love it. days for us a jam-packed. Meetings, shoots, research, script reviews, everything happening at once.
Starting point is 00:58:45 Honestly, half the time, I used to just skip meals and then crash a couple of hours later. That's why I started using this high-protein starter kit from Huell. It's five Black Edition Ready to Drinks plus the Black Edition chocolate powder, and it's honestly the first thing that's made it easy for me to stay consistent. And by the way, Huel just launched in Target nationwide so you can actually grab the ready-to-drink bottles straight off the shelf right now, which makes life a lot easier. So here's how I use the bundle. On days I'm running out of the door, heading to the studio or to the gym,
Starting point is 00:59:16 I just grab a black edition ready to drink. It's a complete meal, 35 grams of protein, 27 essential minerals and vitamins, no artificial sweeteners, and it actually tastes good. Plus, it's surprisingly filling for something you don't have to prep. Then, on days when I'm home, or I want something thicker or cold, or just a little more customizable, I use the black edition powder.
Starting point is 00:59:38 Sometimes I make a whole smoothie, sometimes I just shake it with water. It still hits that protein goal I'm aiming for. Having both the ready-to-drink and the powder in my kitchen keeps me from falling off my routine. Honestly, it just makes hitting your protein goals a lot less stressful. Get Hew's full high-protein starter kit online with our code Trigger20 for 20% off at hule.com slash Trigger20.
Starting point is 01:00:01 New customers only. Thank you to Hew for supporting Trigonometry. That side again is huell.com slash trigger 20. Well, that is a really great point. I think that it would be great if these platforms did move to that kind of model. This isn't a conversation. Because let me just say one thing. A lot of this is bad faith, right?
Starting point is 01:00:21 Oh, this content is so offensive. No, actually. It's just challenging your point of view. Well, totally agree. And this is what I was going to bring up the example. I don't know if you saw our interview with the CEO of the Center for, counting digital hate, Imrah Ahmed. Great name though. Great name, isn't it? Imran Ahmed, who did turn out to be a bit of a nutter.
Starting point is 01:00:42 But one of the questions I said to him, and this is, I think, where it really is not as simple as I think you are saying for the following reason. I said to him, look, do you think it should be allowed to call for an armed revolution on social media? And she was like, Do you? I was like, well, I don't know, but what I'm saying is this country wouldn't exist if people were not allowed to call for an armed revolution on the equivalent of social media of their time. The United States would not exist, right?
Starting point is 01:01:15 Well, there were people arrested or sedition against the king. Right. But that's exactly what I'm saying, though. If you think about it in the modern context, though, I think you'd probably find that the overwhelming majority of the public would be like, we don't want a civil war caused by people saying these things online. Do you see what I'm getting that? Yes. The real, they call it the risk of real world harm.
Starting point is 01:01:39 Yes, but what we really don't want is these people deciding that these people shouldn't be allowed to say things which aren't really calling for violent revolution, but these people are pretending that it does. Totally. Just to disrupt a point of view they don't like it. Of course. And that has happened to a ridiculous, disgusting level over the last 10 years in particular. There's no question about that.
Starting point is 01:02:05 But is it really as simple as saying there is never a case of restricting what people say online even when there is a credible risk of real-world violence? We don't have to reinvent this, okay? The English common law has been looking at this problem for roughly a thousand years. There's a ton of real-world collisions of interests that have produced cases and decisions, And we just have to return to these very common sense ideas. So we can't have people marketing things as food that are in fact poison and people die. We, you know, there are you, the classic example about shouting fire in a crowded theater.
Starting point is 01:02:50 It doesn't mean that everything you say has to be provably true. Some of your freedom of speech is the right to freely speculate, right? I think AI will be the end of the world. I think AI will be the greatest thing. Well, you know, as Yoda likes to say, always in motion is the future, right? Like, it's hard to know. It hasn't happened yet, right?
Starting point is 01:03:09 So people should be, there should be freedom of speculation. You shouldn't be able to hold yourself out as something that you're not. You say, trust me, I'm a doctor. This is perfectly safe. Well, hang on, you know, you did one semester in biology and you failed out. Like, you're not actually a doctor, right? You can't represent things that are just not true, right? And so there's a whole body of law about what you can say and do that has been around for many, many years.
Starting point is 01:03:36 In some cases, centuries. We don't need to reinvent this. We just need to return to the common sense and apply it to the Internet. So should you be able to call for an armed revolution on Twitter? Actually, I mean, you're asking me about the state of the law or in my heart? In my heart, yes. In my heart, yes. Now, that doesn't mean I think you should.
Starting point is 01:03:57 and we're going to gather on Third Street and the armstock is here and this is how you make the dynamite. No. But if you are saying this is a ridiculous state of affairs, we clearly need a better ruling class, you know, this governor should be, you know, hoisted on his batard and thrown out the window or whatever. Yeah, I think you should be free to say that and think that and feel that. You know what's so interesting is that we went from the model you described until very recently, you know, that Roman model, which was here. is the approved news, you know, we're going to give it to you and everybody else, you know, it's going to calm people down because they feel they've got the facts. All of a sudden,
Starting point is 01:04:36 I don't know about you, Richard, and I've done, I've constant and feels this way, I kind of feel like I've been in a relationship with somebody and I've just realized they've been lying to me. And not only have they been lying to me now, they've been relying throughout the entire relationship. So I'm now in the position and I think a lot of people are, what I'm like, You say this. Is it true? Can I believe you? Right. And that's the problem of being portrayed because you re-see the relationship and everything that that person or thing has done becomes instantly negative in every detail. But that's an overreaction. That's wrong. Look, we all have problems with the BBC. What they report and what you see on the, I mean, we've, all three of us have had the same experience. and most of the people watching who are familiar with the BBC about this.
Starting point is 01:05:27 They were at an event the BBC covered. They saw what they saw, and then they saw the BBC report, and you're like, hold on. Were you guys even in the same room, planet? On the other hand, because we feel betrayed, we say everything they do is bad. They've done some brilliant things over the year. My favorite, and I recommend this to everyone, is the Kenneth Clark series Civilization, which you can watch, I think, for free on YouTube. but it's about four hours.
Starting point is 01:05:55 And the BBC was going to go to color in 1967. And they conceived this idea of having this Oxford Don talk about the sweep of Western civilization. People actually bought televisions or gathered to watch this series was the first BBC release in color. And the guy at the BBC who decided to give Kenneth Clark this was David Attenborough.
Starting point is 01:06:19 Who goes on in the 70s as a Marxist, but as a fabulous reporter of nature to give us those, now that we now satirize them and joke about them, these great accounts of how the natural world works. So, yes, Francis, we feel betrayed by the BBC, but let's not let that color our thinking. They did do some brilliant and beautiful things. I gave you a couple examples, but we can all think of others.
Starting point is 01:06:45 But quibbles aside, But the official version is not the news. The news, the official version is part of the news. But the rest of the news is the tenacious, independent-minded investigation to get the closest approximation of the truth that you can before your deadline. And that's subversive and it always will be. And that's its appeal. But look, I'm in agreement with you.
Starting point is 01:07:19 let's take that relationship metaphor. Betrayal. It kind of, look, the point you make is true, but let's say you've been in a marriage for 30 years. It's really happy. And one day your partner cheats on you. That is a fundamental breaking of the trust.
Starting point is 01:07:38 Yes. Relationship. Yes. And many times, it doesn't matter what's happened in the 28 years previous. Yes. If the two years during that time, they've been off shagging the secretary.
Starting point is 01:07:50 It's incredibly difficult to go, you know what, I'm now going to go back to the previous 28 years. In many ways, you can't do it. You have to have a new relationship with media. Right. Yes. And maybe that means they've so destroyed the trust that all of these great brands disappear.
Starting point is 01:08:12 Or maybe that's not a good idea, and we're throwing the baby out with the bathwater. I don't know the answer. It's one of those two things, but I really don't know the answer. But I do know this. The so-called great brands, the legacy brands, cannot continue in the way they have been doing without restoring the relationship of trust. Without trust, you don't have a relationship.
Starting point is 01:08:39 Well, absolutely. And to extend Francis' metaphor, the thing that I've been somewhat concerned about, hence my kind of pushing back on you to try and find out where the balance is. of what the three of us believe are, is also the fact that when you've been betrayed in a relationship and you leave that relationship, it is very tempting to go, I don't know if you call this in the US,
Starting point is 01:08:58 but to go on the rebound. Yes. Which is to get into a series, usually, of terrible new relationships with really untrustworthy, unsuitable characters. Right, so you leave the New York Times, they end up following Crazy Loon on X. Correct.
Starting point is 01:09:14 And I think we're also, if we're being fair, seeing quite a lot of that. going on. Oh, absolutely. And so that's where it's interesting. But also, I think the technological aspect of this in the current moment is as huge as it was at the times of the printing press and onwards, because one of the reasons people under 40 don't watch the news is just we use a different set of technology.
Starting point is 01:09:35 Yes. That's also another thing that's going on. And I imagine if you're a TV executive now, if you've got a brain, what you're going is, how do we make the thing that we currently make more like the thing that the people are going to people under 40 are actually watching. Right. Yes. It's so bad that the term news for people under 40, they're consuming news and not realizing it because they don't go to the established legacy brands anymore, even online, right? But when you get information from the outside world and use it to make decisions and it's more
Starting point is 01:10:11 or less independently created, that is news. But that's not how they think of news. They think of news is whatever the output is of these legacy brands. And that they don't want. That's toxic. That's distrusted. Right. And the internet and artificial intelligence presents an enormous opportunity to reinvent how information, what I would call news,
Starting point is 01:10:37 is delivered, how it is gathered, how it is processed, and verified, and fact-checked, and then how it is delivered, and to whom, I don't know what device. And I think five years from now, it'll be completely different across the English-speaking world. And 10 years from now, it'll be completely different everywhere outside of China. Describe me the picture that you see five and 10 years from now. One of my goals for 2026 is to feel in control of my money. Less stress, clearer goals, and no more wondering where it goes at the end of the month.
Starting point is 01:11:10 Managing your money doesn't have to be a struggle this year. Monarch is the all-in-one personal finance tool designed to make your life easier. It brings your entire financial life, budgeting accounts and investments, net worth and future planning together in one dashboard on your laptop or phone. After the holidays, Monarch makes it easy for me to reset. Monarch allows me to review spending, set budgets I can actually stick to, and start tracking progress towards real goals. The weekly recaps are huge.
Starting point is 01:11:41 you get a clear snapshot of what's happening without having to obsess over it. What really separates Monarch is how it helps you stay proactive. It guides you towards realistic goals based on your finances and keeps you accountable all year, not just in January. Start your new year on the right foot financially and get 50% off your Monarch's subscription with code trigger. This new year achieve your financial goals for good. Monarch is the all in one,
Starting point is 01:12:11 that makes proactive money management simple all year long. Use code trigger at monarch.com for half of your first year. That's 50% off your first year with code trigger at monarch.com. Describe me the picture that you see five and ten years from now. I think we'll see a lot more people creating news. I think we'll see a set of enforceable software rules. that will verify that this is a real photograph and not an AI creation. It's a real video.
Starting point is 01:12:48 You really did interview Kim Kardashian, right? The, we will get to see beyond what's in the story to what are the sources behind it. What software now makes possible through simultaneous automatic instant translation by summing up large data sets, right? You can create an entirely new kind of experience of news. And that's actually something that I'm working on now, which I'll be happy to talk about offline. But the technology is beyond exciting.
Starting point is 01:13:32 And I'm not the only one thinking about this. Are there other people, some in legacy places, some in startups who are thinking about this too. There's a lot going on. And if the great and the good can back off and the journalism schools can stop telling us how things should be and let things evolve, I think we could get beyond the official version and have. Think about who also could be drawn. This field is more people have left journalism in the past 20 years than any other field.
Starting point is 01:14:07 The U.S. Department of Labor keeps track of. this in the United States. And the job description of newsroom reporter has shed more jobs than steelworkers, iron workers, than any other profession they track since 2000. That should be reversed. Why isn't everyone who's creating a YouTube channel and struggling to monetize it not able to create content that meets a set of verification rules and then goes into a marketplace and becomes available to every device on the internet. You can take it or not take it. Think about the differences in perspective that would be possible if you have a single mother in Mexico City covering something and a college professor in Boston covering that same thing and a structural
Starting point is 01:14:58 engineer out in Kansas, you know, Overland Park, Kansas looking at that same thing. And they're both, all three of them are following the objective verification rules that the software makes possible, and they're all reporting it. But they're reporting it, asking the questions and wondering the things and investigating from their own perspectives. I guarantee you they'd see it all differently. And it's such a good point. But if we focus, for instance, on the Charlie Kirk assassination, which is obviously awful and terrible, you have lots of people talking about it. And it became quite a fascinating case study to look at people's reactions, including established journalists, and seeing how people reported. And the thing that
Starting point is 01:15:46 worries me, Richard, is that the incentives become not to tell the truth, not even to sensationalize the truth, but to spread conspiracy theories, because that's where the money is. The money is not in the truth. Right. Well, I would divide the conspiracy theories into two pieces, right? Some are the native-born conspiracy theories. That is to say, I'm not talking about the citizen status of these people. I'm just saying people who reside in our societies who think whatever they think. That's sort of item one, bundle one. Over here, we also have a lot of bots run by the Iranians, the Russians, the Chinese, and other groups who are trying to sow division and plant ideas in our society. and by society, I mean the Western world,
Starting point is 01:16:38 and divide it over stupid issues and distract, right? And, you know, the medieval mind used to worry whether the ideas in their heads were their own or put there by some demon. When we consume the Internet, the first question we ought to ask is, is this put here by Qatar or Iran or, I don't know? China, Russia.
Starting point is 01:17:04 Yeah, or some issues. interest group in our country or another European country or Australian, whatever. So who is putting this out? We do know that during the 2020 campaign, for example, more than half of the followers, online followers of the Biden campaign were bots. And some of them run out of India and Bangladesh by people who couldn't even speak English. So this is just fake followers, fake social media cred given to conspiracy theories. I don't think the answer is censorship. Let's crack down on all the crazy thoughts. Let other people answer back. And in the balance of things, the truth will sort itself out. But I do think we need to think about homegrown. I think the crazy people here get to
Starting point is 01:17:54 have their say. But I don't think we need to import. We don't need electronic immigration into Western society from Russia, China, and other authoritarian places. And we need to find a solution to that because if we don't, then what we have, as you say, are these people spouting crazy theories who are artificially boosted. I go on my social media and I'm going, this is patently nonsense. Yeah, it's got three million views. How is this? Right. I mean, all this like pro-Hitler stuff online, it's got to be manufactured.
Starting point is 01:18:27 I just can't believe that there is any real audience for a failed. evil dictator who died, what, 80 years ago, right? I mean, it's just, there's no, like, pro-Napoleon groups to pick another dictator from a different country, right? Or pro-Stalin groups online. So why is it all focused on this? Well, that serves the ideological needs of the current Russian government
Starting point is 01:18:55 to pretend they're fighting Nazis in the Ukraine. And so, therefore, they want to say there are Nazis everywhere, right? Is there some crazy people in a shack in rural Idaho who truly believe this? I can't rule it out. I don't know. But the online prevalence has got to be from a foreign intelligence service or foreign companies aligned with foreign intelligence services.
Starting point is 01:19:19 And then we need to look at payments made to influencers, people who are legitimate members of our society who have very large followings, who suddenly start. saying and doing things that don't fit with the last few decades of our experience of them. I'm like, hmm, why are you suddenly saying that Churchill was a bad guy? Or, you know, maybe we weren't the good guys in World War II, or this dictatorial regime, the Middle East, is actually a great place. Like, why are we saying these things? Right.
Starting point is 01:19:52 Are they receiving money? Who knows? I certainly have no evidence. I'm not going to say things I don't have evidence for. but you do see a lot of out-of-character moves, and we do see people on both the left and the right who seem to have been funded from overseas. And we at least ought to have a rule
Starting point is 01:20:10 that if you're taking foreign money, you have to declare it openly. So people know, fair warning, hey, you're secretly being paid off by Lichtenstein. That's why your views on banking are what they are, you know? Why not, right? You have to list the ingredients on the food you buy if you're taking money from outside of NATO,
Starting point is 01:20:29 just tell us. You can say whatever you're going to say, but how about, you know, a little warning label? Well, and maybe one of those, I don't think censorship is answer to any of it, but I also wonder whether real journalism is answered to it. Where are the investigative journalists who are, where are the investigative journalist who are,
Starting point is 01:20:48 I can't say that line for some reason, where are the investigative journalists who are looking into those allegations? Because every time I post anything that's remotely parrously, people say, I've got $7,000 for that post. Well, I welcome people to look into that theory and find out. Likewise, with the people you're talking about, let's find out who's getting more than.
Starting point is 01:21:10 Well, people, first of all, don't understand the economics, right? An online video ad is, what, 12 or 15 cents per thousand impressions? Is that about right? Maybe you do a bit better with sponsorships and things. It takes millions of views. to make a number interesting at all. Where are the investigative journalists? Investigative journalism is literally,
Starting point is 01:21:32 today is the most expensive form of journalism. Right. So you need a very profitable publication that also has an open and exploratory mind to things together in order to have a crew of investigative journalists. And then not anyone can be an investigator. You have to apprentice,
Starting point is 01:21:50 you have to study how to do it. There's a lot of tacit knowledge, a lot of skills that have to be developed to really do this. And the people who think that news ought to be the official story of something are very incurious. Do you hear the story about the guy running for U.S. Senator of Maine who had a Totenkov tattoo on the chest? And incredibly, the guy takes his shirt off and displays it in a video. I would think if you had a Tottenkoff tattoo, you would have quietly changed that years ago. But here's the thing.
Starting point is 01:22:24 Here's my question. Why, he said he got it in Croatia? Are Totenkov tattoos common in Croatia? I don't know. Probably not. But why hasn't somebody tracked down the tattoo parlor and interviewed the artist and say, do you have a whole, like, special book of Nazi tattoos? Is this a common thing you do?
Starting point is 01:22:45 Do you remember talking to this guy? Right. And in these kinds of questions, which aren't, it's not with social media. that expensive to find that person in Croatia. But it is time and money. But they aren't minded to do it. They don't have the curiosity to see, well, how did this happen? What are the facts?
Starting point is 01:23:06 And a lot of your online influencer type people don't have the investigative skills. It takes years to hone this. You need to find, you know, you know what databases to consult, what's trustworthy, what's your, how do you design an investigation, that takes time and practice. And frankly, you make mistakes. One of the ways you learn, right? So this has atrophied on the left and never really developed on the right. And until there's a budget and a curious mind to support it, you won't see more of it. You'll continue to see
Starting point is 01:23:46 less and less of it. However, I think when technology changes what kind of news is. as possible, technology can also lower the cost of finding out new things. If you really get smart in writing software, you could find that Croatian tattoo artist in a fraction of a minute. And then you can contact them across the world and say, hey, can I come see you? I'd like to look through your, because they all have sample books of tattoos they make. And they have a portfolio, the ones they're most proud of, right? And just have an open-minded interview with the guy.
Starting point is 01:24:27 And what would you? Maybe he doesn't remember the night. But if it turns out, oh, yeah, we keep a small book in the back. You have to especially request it for the Nazi stuff. Or, no, we don't do that. This guy came in with the design and showed it to us and we copied it. Two different set of facts. But how did this tattoo come to be?
Starting point is 01:24:46 Just an interesting investigation, right? And Croatia has, you know, interesting ties with the Nazi party in World War II. There could be a cultural memory there. If he had this tattoo in Spain, I would be a lot more surprised. But Croatia, the Nazis hung on to that and to the bitter end. The militias associated with Croatia did horrible things against not just the partisans of Tito, but ordinary civilians and religious minorities. So is it possible?
Starting point is 01:25:18 And that's the thing that worries me about the death of the mainstream media. I don't know if you've ever seen the movie Spotlight, which is a brilliant movie. It's about the Boston. I can't remember the newspaper. The Boston Globe. The Boston Globe, an investigation into pedophilia, into the Catholic Church in Boston. And you watch this, and it's based on a true story. And you think to yourself, that's such an important public service.
Starting point is 01:25:44 Yes. It's an important public service because there is always going to be. be corruption, there is always going to be abuse. And the best of the journalists, in my opinion, I'm sure you probably agree, were the people who expose that. And there's never going to be any less of that because human beings are what they are. So if we don't have those people exposing it, then we're going to be in a much darker and more unsafe world. Absolutely. First of all, Boston at the time was a Catholic majority city. Going after the largest religious, religion among your readership group takes guts.
Starting point is 01:26:22 But behind that guts means you have a journalistic culture that has got a sense of fearlessness and recklessness. But it also has the professionalism to structure an investigation, to go about it, to make sure the witnesses are actually independent of each other, right? So if you have two people who claim they saw something, but they're both friends with each other, they're not really independent eyewitnesses.
Starting point is 01:26:47 Now, it's also interesting their choice of targets, right? If you went after psychologists, especially people dealing with women following divorce or battered women, there's a horrendous amount of sexual abuse there that never really gets investigated. There's also a tremendous amount of sexual abuse in public schools by teachers against children. Oddly enough, it appears, and I've not made a real thorough study of this, women against male teenagers. Those things don't get investigated
Starting point is 01:27:20 because they don't serve a larger narrative. But still, I think it took guts. Spotlight was a useful thing. The church should be investigated like every public institution. And also, I think it's important that the people in charge of vulnerable people have no sexual or financial interest
Starting point is 01:27:41 in those people. That is very very, important and we too often say in the name of rights and equality oh well we should let this person supervise these people or be in control of this group of people and that person could be great on an individual basis but as a general rule that will cause problems in the end as we saw in the sort of military training when we have male drill instructors over female recruits, there were abuses. We have to be mindful of this and we have to be clever about how we
Starting point is 01:28:23 design incentives and how we surveil to make sure that wrongdoing isn't happening. And part of that is the media's job. And thank God for the Boston Globe going after the Catholic Church. And I hope they go after all the other sacred cows because accountability is desperately needed in all aspects of our society. And I'm afraid if we lose legacy media, we lose the muscle memory to do these kind of investigations. Richard, that's us. Thank you very much. Thank you. Other examples of times and places where distrust in media is as high as it is today. If so, how is that trust we gained within those societies?

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.