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FON thinkers put forward the idea of news as a commodity, describing it variously as abundant, undifferentiated, and of low value. As a consequence, FON thinking assumes, it won’t ever command much of anything in a market where the costs of distribution are basically zero.
If the argument were that the cost of replicating the news has crashed to zero, that’s one thing. But FON thinkers go further. They assert that news (as opposed to, say, writing about news) is a commodity by its nature.
