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Some in Media See Impending Recession

Chris Salcedo of Newsmax is one such broadcaster who has had a laser-like focus on the recent American economic decline and what could be around the corner.

Rick Schultz

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As Americans experience economic pain to the levels not seen in 40 years, some in the media expect things to get worse.

Substantially worse. And needlessly so.

Chris Salcedo of Newsmax is one such broadcaster who has had a laser-like focus on the recent American economic decline and what could be around the corner. On Friday, he welcomed economist Stephen Moore onto his evening program to discuss the implications of current government policy and where the Democrat administration may be leading the nation.

Salcedo led off by highlighting the national budget proposal from the Biden Administration, which hits an eye-popping $5.8 Trillion and benefits “America’s enemies, Joe Biden’s pals over in communist China.”

“When you talk about the rise and decline of great empires, you’re exactly right in terms of tracking what happened,” Moore, the author of Trumponomics, said. “But another factor has been out-of-control government and out-of-control debt. It has also led to the demise of great empires as well. We’d better watch out.”

Moore noted that when he first came to Washington in 1985, the budget was $1 Trillion. It’s now nearly six times that.

The national debt was around $1 Trillion.

It’s now 30 times that.

And these are bipartisan problems, Moore believes, created by both sides and exacerbated greatly in the past couple years.

“Nobody seems to bat an eye. Nobody in Congress, neither the Republicans nor the Democrats, seem to want to do anything about it,” Moore pointed out. “If you’re wondering why we have 8.5% inflation today, it’s very simple. We’ve spent $3 Trillion that we didn’t have, borrowed it, and spent it. It’s not Putin. It’s not Trump. It’s not temporary. It’s not transitory. This is a result of out-of-control government.”

Moore followed up by referring back to his 2020 prediction that if Biden were to win the election, the two biggest winners would be Russia and China.

“I didn’t agree with everything Trump did. I worked for him. Some things I agreed with, some things I didn’t,” Moore, the co-founder of the Committee to Unleash Prosperity, said. “I always believed that everything he did was oriented toward putting America first. This president, from the very start, from his first executive order of stopping the pipelines, then declaring war on American energy. Now, if you declare war on American energy and reduce our energy output, gee, what countries do you think benefit from that?”

“Mr. Moore, economists are telling me that Biden has so mismanaged the economy that the Fed is going to have no choice but to throw our country into recession to try to cool this massive inflationary spiral, this Democrat inflation. Is that your read?” Salcedo asked his guest.

“First of all, we have to first recognize we have a problem,” Moore continued, echoing thoughts from his latest 2021 book, Govzilla: How the Relentless Growth of Government Is Devouring Our Economy—And Our Freedom. “Joe Biden keeps blaming, have you noticed this, he keeps blaming it on Putin. 80% of the inflation we’ve had since Trump left office and Biden took over was before Putin went into Ukraine.”

Moore then chronicled recent history – when Trump left office, the inflation rate stood at 1.5%. Today, 14 months later, the inflation rate has exploded to 8.5%, with American families feeling the economic hardship that comes along with it. Pain at the grocery store checkout counter. Pain at the pump.

“How do you screw things up that quickly?” Moore asked Salcedo. “No, I don’t think it’s intentional, but it certainly has sabotaged our economy. I’m just aghast at how much our country has faltered. Now I lived through the 1970’s, when we had the last episode of runaway inflation, and that did lead to a crash landing of our economy. I still think there is time to skate around a recession, but the longer we wait, the more this inflation metastasizes, the more painful it will be to get it out. We should be cutting government spending across the board by about 10 or 15 percent right now. We should be increasing our energy supply, and yes, the Fed has to start sucking some of that money out of the economy by raising rates.”

Both Moore and Salcedo view the current state of affairs as a government-created problem.

Only time will tell if the government will enact its prescription for healing and a return to prosperity.

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A Message to News/Talk Radio Professionals: Go to the Sales Meeting

Having open lines of communication with sales can only help.

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A photo of a business meeting

It isn’t often that you can make a news/talk radio analogy by using a popular movie, but here we go. In the Judd Apatow classic, Knocked Up, Katherine Heigl’s character goes into labor, and Jay Baruchel’s character walks in to see how things are going. Well, the scene is absolutely chaotic, and after blood-curdling screams from Heigl for him to get out, he scrambles out of the room.

Rattled, Baruchel’s character returns to the waiting room, saying, “I shouldn’t have gone in there. Don’t go in there.

“Promise me you won’t go in there.”

Kinda like your experience going to a sales meeting?

Funny, right?

In media, it’s always seemed to be a cliché thing: On-air talent doesn’t quite get sales, and sales doesn’t quite get the on-air side.

On-air folks, almost to a person, can never understand why everything isn’t sold all the time.

“This is such a good segment, it should be so easy to sponsor.”

“Sports, everybody sponsors sports.”

“We should get (Insert local business) to sponsor us. They’re a perfect fit. I don’t get it.”

Guilty as charged on at least two of those exact statements.

After breaking down the wall this week and going to a sales meeting, I am here to urge everyone in production or on the air — go to a meeting.

It will do a few things. First, it will confirm that you belong right where you are. It also will confirm that the sales job is far from an easy job.

The reason for my visit was to update the crew on what we were up to, and then, the head of the station group presented us with a refresh of all the sales material.

I recommend you give it a try.

In all seriousness, having open lines of communication with sales can only help. Back when I was an actual journalist, I would refuse this kind of contact, as if it would somehow jeopardize my integrity.

Now?

Well, clearly, that’s been out the door for quite some time. Oh yeah, be serious. It’s obvious that in order to what I call “survive with the chance to thrive”, we need to work together.

They succeed, we stay on the air doing the most fun job we’ve ever had.

A few things will humble you from the experience, while the language of discourse will absolutely confound you.

Here’s how, starting with humble.

I am notorious for taking certain things personally. You can rip me, rip the show, even make fun of my hair! No problem. But if you don’t call me back? After a second call? That’s personal.

I may write you off forever.

It’s a blind spot, I know … but it’s pretty true. I’ve grown to the point where I can overcome it, especially if the person eventually calls me back, yet it really irks me to the core when people can’t return a call.

In the sales meeting, I expressed some frustration over not being able to contact a potential guest, and one sales rep came back with (paraphrase): “It can take 17 calls to make a connection.”

17? 17!

If you doubt it, all I will say is that the collective response to that statement felt like “Praise Be!”

I could never eat that kind of humble pie.

Then, there was the language, oh, the language. Not F-Bombs but acronyms. For everything.

NTR. CNA. KPI. DOMO. IQP. DJT. Ok, DJT is Donald J. Trump, but the rest are real, I promise.

I was the only person there who had no idea what was being said. It was dizzying.

After all the lingo and humble pie that needed to be eaten to sell stuff, I realized how positive the whole thing was for both sides.

I got the chance to talk to the crew beyond the flippant “Hello” while walking past their offices. I also learned how they felt about the show. About the station. About me.

That was both validating, sobering, and ultimately energizing.

Yes, it lasted almost three times the length of my one required regular weekly meeting. Yes, there were times that I thought I was in a foreign land. And yes, there were moments when my only glimmer of hope was the sunshine coming through the window.

But I have to tell you, I will definitely do it again because it was worth it … just perhaps not every week worth it.

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AI is Coming for More Than Just Your Jobs, And the Media Landscape is Changing for the Worse

More important than the loss of more jobs to AI in our industry, we need to take a closer look at the technology’s effect on the media.

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A photo of a computer chip with the AI initials on it

While the world is entranced in President Trump’s jury selection in New York, Artificial Intelligence is stealing your look. AI is stealing your voice and most distressing, AI is becoming more human. It has advanced faster than any other technology known to man.

At the NAB Show, Futuri’s ‘groundbreaking’ AI was applauded. They showed how an AI robot was able to conduct two studies on the media industry. Meaning this AI robot has replaced the job of those in research and development. More important than the loss of more jobs to AI in our industry, we need to take a closer look at the technology’s effect on the media, especially the human toll of AI Beauty Pageants and Deep Fake Pornography.

Announced this week, the first Miss AI Beauty Pageant is coming to a computer near you with $20,000 up for grabs. Now I know what you are thinking: “Krystina, this has nothing to do with media.” Oh, but friends, it does.

Miss Universe and Miss USA combined are industries worth several billion dollars. From paid commercials to designer dresses, hair, and makeup, it is a cash cow. Now, Maybelline can cut out paying advertisers and models by going straight to the programmers. Maybe she’s programmed with it. Maybe its Maybelline? It would cut costs significantly.

Additionally, since the Miss AI beauty pageant also judges its contestant on how many followers she has (can we call a robot she?), you have a significantly cheaper influencer because you don’t have to send the product to her (because again she’s AI).

Revenue from the health, wellness, and beauty industries could now be transitioned to big tech. Yeah, sure, a 12-year-old programmer living out of their mother’s basement might make enough to pay for one semester of college this way, but is that really the route we want to go here? Not to mention this will give people a significantly distorted sense of reality and beauty.

This brings us to AI porn, which has affected Taylor Swift, Alexandria Ocasio-Cortez, and 30 female teens at a New Jersey high school. Let me repeat that for those who missed the story this past fall, a high school boy took the photos of 30 classmates and turned them into porn. These girls are 14. Not only will they likely spend the rest of their lives taking down the AI porn made of them, but to quote AOC, “It has real, real effects not just on the people that are victimized by it, but on the people who see it and consume it. And once you’ve seen it, you’ve seen it.”

I’m not a fan of AOC, but she has a point. The comments made by conservatives about AI porn made using her image are nasty (and senseless). This should be a bipartisan issue. AOC is also not the only well-known person this has happened to. Twitter had to block #TaylorSwift because of AI-generated porn photos. While this prompted the United States Congress to draft a civil law that would allow victims to sue the makers of these AI images, it falls just short of criminalizing the behavior.

Yes, Rep. Neil Hays (R-OK) proposed legislation last year that would criminalize the creation of deep fakes but it has stalled in the halls of Congress.

As for those nasty comments made by conservatives about AOC, they don’t realize this could happen to them. It could happen to their spouses and children. It’s not just celebrities. Those photos you’ve posted of your children from the time they were born, can now be accessed by the pedophiles of the world and turned into porn. A report, published yesterday by Forbes, shows there is already an increase of AI-made child sex abuse images across the web. Are you concerned yet? You should be.

The European Union and the United Kingdom are working on legislation to make it a criminal act. While the proposals are designed to aid those affected by AI porn, they lack targeting AI which is made to subvert or skew political messaging. It’s not just the videos you watch it’s also the articles you read.

While AI videos still have a long way to go before they are truly believable, we’ve extensively reported on media outlets replacing their writers with AI. A December 2023 study by Science Direct found people were able to positively identify AI writing samples only 38.9% of the time. There are now recruiters on Linkedin asking writers (like myself) to teach AI how to write. Sounds interesting until you realize AI would replace my career as a writer.

While Black Rock’s Larry Fink believes AI will “boost wages and productivity,” he needs to recognize there is already an abundance of jobs in sectors outside of finance that are being eliminated by AI. Business Insider, CNET, and CNBC have used ChatGPT to write stories. BuzzFeed is using ChatGPT to personalize content, a job once held by a person. Law offices are now using services to Casetext to research case law or Lawgeex to read contracts. Another job once held by a legal assistant, or law school intern.

These are all entry-level jobs that are being eliminated. How are people going to gain experience if AI is replacing the entry-level? So, while I congratulate Futuri on their AI research robot, can we put the brakes on the in-your-face AI capabilities and just keep it in the background? We are clearly not prepared, nor do we understand, the full scope of damage this technology can and is doing. (Does anyone remember Terminator, Robocop, Blade Runner, or Ex Machina? This does not end well for us.)

This is a very serious bipartisan issue that is being swept under the rug. So, while everyone is worried about what media outlets each one of Trump’s jurors watches, you should be more concerned with how the media is reporting (or lack thereof) on AI. It is more than just our jobs at risk, it’s our dignity and livelihood which is already being negatively impacted by the technology.

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ABC Draws Biggest Solar Eclipse Coverage Audience

ABC News’ Eclipse Across America was also simulcast on the Disney-owned cable networks National Geographic Channel.

Doug Pucci

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A photo of ABC's coverage of the 2024 Solar Eclipse
(Photo: ABC News)

The solar eclipse that captivated our nation on Apr. 8, for better or for worse, was extensively covered by the major networks. They had broadcast from the key areas where complete totality of the moon directly aligning in front of the sun was observed, from Dallas to Indianapolis to Niagara Falls to Vermont.

ABC, with David Muir and Linsey Davis anchoring from Burlington, Vermont, was the most-watched outlet in eclipse coverage among all key figures, according to Nielsen Media Research. From 2-4 PM ET on Apr. 8, ABC delivered 4.448 million total viewers including 920,000 within the key 25-54 demographic as well as 744,000 adults 18-49.

ABC News’ Eclipse Across America was also simulcast on the Disney-owned cable networks National Geographic Channel (271,000 Total Viewers, 76,000 Adults 25-54 and 69,000 Adults 18-49) and Nat Geo Wild (63,000 Total Viewers, 19,000 Adults 25-54 and 17,000 Adults 18-49).

The eclipse coverage helped National Geographic Channel more than doubled its own weekday performances of 2-4 PM ET from Apr. 1-5: Total Viewers +139%, Adults 25-54 +192%, and Adults 18-49 +237%.

CBS, with Norah O’Donnell and Tony Dokoupil anchoring from Indianapolis, was runner-up among total viewers (2.705 million) while NBC (2.406 million total viewers) – with Lester Holt also in Indianapolis, as well as Al Roker in Dallas – was runner-up among key demos (483,000 adults 25-54; 368,000 adults 18-49).

CBS posted 447,000 adults 25-54 and 339,000 adults 18-49.

On cable news, Fox News Channel was the total viewer leader for the solar eclipse and CNN led in all key demos. As indicated in the network breakdown below, CNN attracted the most added raw viewership and demos (nearly quadrupling its 25-54 and 18-49) compared to the aforementioned Monday through Friday 2-4 p.m. period from Apr. 1-5:

Fox News Channel

  • Total Viewers: 2.264 million (+829,000; +58%)
  • Adults 25-54: 230,000 (+73,000; +47%)
  • Adults 18-49: 155,000 (+54,000; +54%)

CNN

  • Total Viewers: 1.643 million (+1,046,000; +175%)
  • Adults 25-54: 332,000 (+246,000; +286%)
  • Adults 18-49: 221,000 (+163,000; +283%)

MSNBC (compared to Apr. 1-5 @ 1-4 p.m.)

  • Total Viewers: 0.916 million (+120,000; +15%)
  • Adults 25-54: 121,000 (+41,000; +51%)
  • Adults 18-49: 81,000 (+31,000; +62%)

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