That makes for a great sound bite — you can tell that Little used to be a TV correspondent before he started the company — but what does it actually mean? For me at least, it means that many people (not all, of course, but many) are willing to pay more attention to sources of information that they believe are close to an event, rather than to traditional sources of sober, objective second-hand or third-hand information. In this scenario, Twitter and Facebook and Instagram and Snapchat are the platforms that stand to gain, and traditional media like newspapers or even television mostly lose.
This isn’t going to be the case in every situation, but when it comes to breaking news about a specific event, in the initial stages of that event attention is always going to flow to the sources that are closest to the action, even if — and this is the really important part — the “authority” or credibility of those sources is in question. As Little put it during the Web Summit panel:
“Now people can bypass us using a camera phone and a social network, and the means of production have been completely overturned. Now everyone out there is a creator of content, and our job is more as managers of an overabundance of content.”
Dial up the immediacy, dial down the authority
We’ve seen this happen time and time again, whether it’s during the Arab Spring uprisings in Egypt and elsewhere, or in the aftermath of the Boston bombings, or any of the mass shootings that have occurred in the U.S. over the past couple of years. Even if the information is flawed and inherently untrustworthy — at least by the standard journalistic definition — people flock to it, share it, discuss it, and engage with it. It might not be the kind of behavior that media outlets would like to see, but it’s what happens. And it’s going to continue to happen.
This is an analogy I’ve used before, but it’s almost like people have two dials in front of them that they can use to filter or change the information they get: one of them says “speed” and/or “immediacy” on it, and the other one says “facts” and/or “authority.” And what many people do, using services like Twitter and Instagram and Facebook, is dial the first one up as soon as something newsworthy happens.
Please read the rest of this post at Gigaom