The Karl Stefanovic saga is not about free speech or censorship. "[It's] the repurposing of journalistic credibility in ecosystems where attention, not editorial standards, is the primary currency."While journalism is not perfect, alt-media has no equivalent obligations. Its hosts are free to speculate, campaign and provoke without the burden of fact-checkers, ethics or oversight. When journalistic authority is carried into spaces that aren't bound by its responsibilities, we run the risk of the loudest voices carrying the most influence.