Eleven leading economists, including two Nobel laureates, have urged governments to recognise and uphold the economic value of public interest media in the age of AI.
According to the High-Level Panel on Public Interest Media, governments are prioritising AI for economic growth but failing to invest in independent, verifiable information, which is a foundational resource for 21st-century economies.
Public interest journalism is crucial as it exposes corruption, fraud, and market manipulation, stabilises financial markets, counters misinformation, and enables informed investments. Without it, national economies, international trade, and capital flows cannot function properly, leading to negative impacts on social welfare.
From : DAWN