

Semafor EIC Ben Smith on populist conspiracy and new media elites | The Moynihan Report
Jul 17, 2025
Ben Smith, co-founder and editor-in-chief of Semafor and host of the Mixed Signals podcast, dives deep into the evolving intersection of media and politics. He critiques the sensationalism surrounding the Epstein files and discusses how modern populism often targets elites with serious accusations. The conversation explores the rise of independent media voices, the complexities of subscription models, and the impact of corporate influence on journalism. Smith highlights the challenges facing local news and the shifting dynamics of political narratives in today’s landscape.
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Reality vs Epstein Conspiracy Theories
- The Epstein case is mainly about the grotesqueness of wealth and power, not vast conspiracies.
- Allegations of blackmail and Mossad involvement lack credible evidence despite extensive investigations.
Media Shapes Politics Today
- Politics and media are deeply intertwined, with public figures increasingly focusing on media perception.
- Trump exemplifies extreme media self-awareness, constantly reflecting on his public image.
Fragmented Media to Re-Consolidate
- Independent creators on platforms like YouTube have huge influence but face uncertain futures.
- Fragmentation of media voices is beginning to consolidate into networks and bigger studios.