TechCrunch pointed out a provocative TV news piece from 1981 that—with 20/20 hindsight—reveals the dangers facing print journalism, namely, the Internet. The piece is about an emerging technology: Electronic journalism on your home computer.
“We’re not in it to make money,” David Cole, of the San Francisco Examiner, says in the video. “We’re probably not going to lose a lot, but we’re not going to make much either.”
Not going to lose a lot, eh.