Thursday, September 30, 2004

The Late Great NYT

It is surely a sign of how bad things have gotten for the New York Times that they have become the butt of jokes... just heard the second one in a week today when Bob Bozeman spoke this morning at the Keiretsu Forum meeting about his experiences as an early investor in Google. Bob was talking about an early article that appeared about Google in the NYT and said,
"I don't know if any of you have read the New York Times, but it seems to be a known newspaper..."
which got a big laugh. Sad that this paper, once holding the highest journalistic standards in the world, has declined to such a degree that it is the subject of such jokes.

1 comment:

dan said...

I don't mean to make it my life's work to defend The New York Times, but I think it's obvious that, although the Times has been going through a crisis, it's not the paper that's declined so much as its reputation. It's suffering from essentially the same mindset, the same race to condemn and belittle, that turned all dot-coms (if not all technology companies) into ridiculous get-rich pipedreams (if not outright swindles) in the public mind after the bubble burst. The Times is still a great journalistic institution, and most of the people who mock it now are, consciously or not, dependent on its work and the work of its best competitors for their information on what's going on in the world. I think the bottom line is that any respected entity in any field -- but perhaps especially one that promises "all the news that's fit to print" -- is vulnerable to this kind of fall. It's not hard to imagine Google or similarly revered technology companies making a misstep that lands them in the same boat.