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good information was increasingly for smaller elites. It was harder for good information to compete on equal terms with bad.

      The more invisible decent journalists became, the easier it was to denigrate their work. They became part of the problem – an out of touch elite. Lamestream media. Fake news. Failing. Lies. They’re all the same. Enough of experts. Drain the swamp.

      It caught on.

      *

      By 2017 the newspaper industry in many parts of the world was a sickly thing. The advertising dollars that, for a century or more, had supported independent journalism were draining away and, in many communities, the local newspaper that once blazed a search beam now cast a flickering torchlight.

      The New York Times still shone brightly – and it was the New York Times that the new president targeted: doing his obsessive best to denigrate and damn its reporting as fake. By the end of his first year in office, the new president had himself – in the eyes of dogged scorers – made nearly 2,000 false or misleading statements. He broke through the 3,000 barrier within 466 days, according to the Washington Post – a rate of 6.5 false claims a day. Americans had elected a liar, and now the liar turned his guns on the truth.

      Within days of Trump’s triumph questions were asked about the role of truth in the election. It transpired that many of the top-performing news stories on social media platforms such as Facebook were fake – generated by hoax sites and hyper-partisan blogs. Buzzfeed reporters identified more than 140 pro-Trump websites being run from a single town in the former Yugoslav republic of Macedonia.

      The economic model for true news might have been failing, but there were numerous incentives – political and financial – for creating untrue news. Indeed, the market in sensationalist, conspiratorial and alarmist junk seemed to thrive in inverse proportion to the fortunes of the old media houses trying to plod the path of traditional reporting. The new automated distribution channels of social media turbo-charged the power of junk. Even before the election the World Economic Forum had identified the rapid spread of misinformation as one of the top ten perils to society – alongside cybercrime and climate change.

      By 2017 social media had existed for barely a decade – a blink of the eye in the sweep of human communication, but long enough for a generation to grow up knowing no other world. Among those who had known another age there developed a kind of panic as they contemplated chaotic information systems that seemed to have emerged from nowhere.

      Information chaos was, in itself, frightening enough. What made it truly alarming was that the chaos was enabled, shaped and distributed by a handful of gargantuan corporations, which – in that same blink of an eye – had become arguably the most powerful organisations the world had ever seen.

      *

      How did we get here? And how could we get back to where we once belonged?

      For 20 years I edited a newspaper in the throes of this tumultuous revolution. The paper I took over in 1995 was composed of words printed on newsprint involving technologies that had changed little since Victorian times.

      It was, in many ways, a vertically arranged world. We – the organs of information – owned printing presses and, with them, the exclusive power to hand down the news we had gathered. The readers handed up the money – and so did advertisers, who had few other ways of reaching our audience.

      To be a journalist in these times was bliss – for us, anyway. I’m afraid we felt a bit superior to those without the same access to information that we enjoyed. It was easy to confuse our privileged access to information with ‘authority’ or ‘expertise’. And when the floodgates opened – and billions of people also gained access to information and could publish themselves – journalism struggled to adjust.

      Newspapers began to die in front of our eyes.

      Societies may not have loved or admired journalists very much but they seemed to acknowledge that it was vital to have truthful and reliable sources of information. The fundamental importance to any community of reliable, unfettered news was one of the most important Enlightenment values.

      It still is – or should be. But the significant money is – for the vast majority of news organisations – gone.

      We are, for the first time in modern history, facing the prospect of how societies would exist without reliable news – at least as it used to be understood. There has never been more information in the world. We know infinitely more than ever before. There is a new democracy of knowledge that has swept over us so suddenly and so overwhelmingly that it is almost impossible to glimpse, let alone comprehend. Much of it is liberating, energising and transformative. It is a revolution to rival the invention of movable type in the fifteenth century. And much of it is poisonous and dangerous. Some of it – like the Swedish saga – is sort-of-slightly-true enough to be turned into toxic demagoguery.

      In the new horizontal world people are no longer so dependent on the ‘wisdom’ of a few authority figures. The reach and speed of public connectedness is unbeatable by any media organisation on earth. Journalists, business and politicians are left looking out of touch and flat-footed.

      ‘People in this country have had enough of experts,’ said the (former Times of London journalist and Oxford-educated) Conservative politician Michael Gove, shortly before a referendum in which the British people defied expert opinion by voting to leave the European Union. In a way Gove was stating no more than the obvious at the end of an ugly, noisy campaign in which neither verifiable facts nor the opinion of Nobel-prize winning economists seemed any longer to count for much.

      Old vertical media derided this new post-factual free-for-all. And, in a way, they were right. But much of the old media was itself biased, hectoring, blinkered and – it its own way – post-factual. Old journalism took it for granted that people would recognise its value – even, its necessity. But the denizens of new media found it too easy to pick holes in the processes and fallibilities of ‘professional’ news.

      There were admirable, brave, serious, truthful journalists out there, some of them willing to die for their craft. But the commercial and ownership models of mass communication had also created oceans of rubbish which, in lazy shorthand, was also termed ‘journalism’.

      The new horizontal forms of digital connection were flawed, but – as with the rise of populist movements in the US and much of Europe – they were sometimes, and in some ways, closer to public opinion than conventional forms of media were capable of seeing, let alone articulating.

      We can barely begin to glimpse the implications of this sea change in mass communications. Our language struggles to capture the enormity of what has been happening. ‘Social media’ is a pallid catch-all phrase which equates in most minds to the ephemeral postings on Twitter and Facebook. But ‘social media’ is also empowering people who were never heard, creating a new form of politics and turning traditional news corporations inside out.

      It is impossible to think of Donald Trump; of Brexit; of Bernie Sanders; of Podemos; of the growth of the far right in Europe; of the spasms of hope and violent despair in the Middle East and North Africa without thinking also of the total inversion of how news is created, shared and distributed.

      Much of it is liberating and inspiring. Some of it is ugly and dark. And something – the centuries-old craft of journalism – is in danger of being lost.

      And all this has happened within 20 years – the blink of an eye. This is a problem for journalism, but it is an even bigger problem for society. The new news that is replacing ‘journalism’ is barely understood. But it is here to stay and is revolutionising not only systems of information but also the most basic concepts of authority and power.

      The transformation precisely coincided with the time I was editing the Guardian.

      This book describes what it felt like to be at the eye of this storm. A tornado can turn a house into toothpicks – and there was certainly a violent destructiveness to the forces that were being unleashed all around. But there was also exhilaration. Our generation had been handed the challenge of rethinking almost everything

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