Earlier quoted context omitted.
There's too much demand for fake news, plenty of subsidy for it, and it's far easier to make. Non fake news is going to be restricted to pay services like Bloomberg terminals.
It is getting easier and easier to fake stuff and there are becoming less and less fully trusted institutions. So sadly I think you are right. Its scary but we are likely heading towards a future where you need to pay to get verified information and that itself will likely be segmented to different subscriptions for what information you want.
This is why the moon landing hoax was revolutionary in the 60's. The size of this project was enormous.