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NancyLebovitz comments on Open thread 7th september - 13th september - Less Wrong Discussion
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It seems to me that news streams fall into a few broad categories:
News your friends / coworkers / social contacts want to talk with you about.
News about production opportunities (business, financial, scientific, etc.).
News about consumption opportunities.
General news about the state of the world.
The first group, I find, is adequately served by Facebook. The sort of thing that a friend will bring up in conversation is also the sort of thing that that friend (or a similar friend) will share. (Facebook will also work for the next two, if you have the right friends, but it's still probably worthwhile to do your homework and go deeper than the viral hits.)
The second group is probably best served by a specialized business press, and won't be comparable across industries. For scientists, this is journals that have papers you should be aware of, and it's obvious that scientists should be reading different journals.
The third group is again probably best served by specialized business press, but on the other side--this is subscribing to the marketing newsletters of companies you like, fan blogs of things you like, and so on.
The fourth group is probably worthless, if you view it as the exclusion of the other three. (I don't need to read the New Yorker to find the best of the New Yorker; I can trust my friends will share that, and serve as a filter for me.)
I think if you have enough local friends, that falls into 1. (I got a bunch of warning about recent bad weather in the Bay Area, because of how many Facebook friends I have there.)
Your general point is correct, that knowing about the general state of reality can be useful because reality can collide into your plans. But it's not clear to me you need to do much of that filtering yourself.