...our fascination with capital-M Media is so disengaged from what really matters.Then he goes after the Huffington Post (which I glance at daily):
...Much as the creative minds of Wall Street found a way to divorce investing from the messiness of tangible assets, enabling clients to buy shadows of shadows, we in Media have transcended earthbound activities like reporting, writing or picture-taking and created an abstraction — a derivative — called Media in which we invest our attention and esteem. Possibly I am old-fashioned, but in these days when actual journalists are laboring at actual history, covering the fever of democracy in Arab capitals and the fever of austerity in American capitals, the obsession with the theoretical and self-referential feels to me increasingly bloodless...We have flocks of media oxpeckers who ride the backs of pachyderms, feeding on ticks. We have a coterie of learned analysts...who meditate on the meta of media. By turning news executives into celebrities, we devalue the institutions that support them, the basics of craft and the authority of editorial judgment.
“Aggregation” can mean smart people sharing their reading lists, plugging one another into the bounty of the information universe. It kind of describes what I do as an editor. But too often it amounts to taking words written by other people, packaging them on your own Web site and harvesting revenue that might otherwise be directed to the originators of the material. In Somalia this would be called piracy. In the mediasphere, it is a respected business model...The queen of aggregation is, of course, Arianna Huffington, who has discovered that if you take celebrity gossip, adorable kitten videos, posts from unpaid bloggers and news reports from other publications, array them on your Web site and add a left-wing soundtrack, millions of people will come.
...some of the great aggregators, Huffington among them, seem to be experiencing a back-to-the-future epiphany. They seem to have realized that if everybody is an aggregator, nobody will be left to make real stuff to aggregate. Huffington has therefore hired a small stable of experienced journalists, including a few from here, to produce original journalism about business and politics...if serious journalism is about to enjoy a renaissance, I can only rejoice. Gee, maybe we can even get people to pay for it.