I often find myself agreeing with Penn Jillete, and in a recent interview he had this to say about media. It's not expressly about media bias or fake news, but I think it the most reasonable approach to the consumption of news. (The last paragraph especially):
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A seminal moment in modern American politics is the day that The Daily Show's Jon Stewart goes on Crossfire and starts yelling at Tucker Carlson and Paul Begala, "I'm the entertainment. You're supposed to be serious!" Is the hybridization of entertainment and politics ruining everything?
""I have a definition of art which protects me from this question. My definition of art is anything you do after the chores are done, and in that definition of art, Ron Jeremy, Picasso, and the mall Santa all have the exact same job. I believe there is one show business. So I don't really think there is much of a difference between a newscaster and a stand-up comedian in terms of what their job is.
Jon Stewart is playing the trick of you're supposed to do this and I'm supposed to do that, and the this and that are reality and entertainment. But the this and that are really just two different kinds of show business.
The newscasters should be held to the exact same standards as [comedian] Amy Schumer. With Amy Schumer we ask, "Is she interesting? Is she funny? Is she delivering the thing that we want from her at this moment?" I would say the same thing for Meet the Press. I would say you're not supposed to be funny, you're not supposed to be making things up, you're not supposed to be talking about the guy you went out with last night?but you are supposed to be giving us as consumers what we want. What we want out of you is a feeling that you aren't distorting the facts in giving us this information.
So you know, I disagree very strongly with The New York Times, but I read The New York Times almost every day. Because I trust The New York Times to deliver the kind of entertainment they promised me. And the kind of entertainment they promised me is that they won't lie about certain things, and that they will cover certain things, and that they will give me a well-rounded view of certain things that's within my vocabulary and that's in my style, and the length of article that I want, and all of that. So I would argue that The New York Times is doing precisely what Jon Stewart is doing, but they're just delivering for a different audience.""
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Fake news definitely exists, i.e stories that are completely false. But the more subtle problem is people not recognizing that all news is packaged differently by different outlets. The stories they choose to tell, the stories they choose not to tell. The bias or side they take on controversial issues, the advertising they engage in, who owns the company. Without knowing these things it's pretty hard to broadly accept or reject the news delivered to you.
Even the answer from the interview above is influenced by the way the question was asked, the agenda of the reporter asking the questions, how his boss told him to handle it. etc. Every human has bias, but in this case, I enjoyed the article because it talked about things I am interested in, was thought provoking, and entertained me. I don't have specific examples of this reporter lying to me, or Jillette being out of his mind, so I hear them out. Doesn't mean everything said is gospel.
Basically, being "good" at consuming news is actually a skill, and takes effort. It's usually pretty obvious when you talk to people who don't put in that effort. And in those cases I freely and without guilt ignore everything they say, whether I agree or disagree.