Most news has always been fake. The media is just freaking out about it because new sources are moving in on their territory.
People need to become educated otherwise weighing any claim is difficult or impossible. The problem is people think that CNN or Fox or whatever are trusted sources but they are just banking their audience being too ignorant to call BS on them (sadly, they usually aren't wrong either).
Yes it has a long history if being fake and warping reality, dumbing us down into accepting false unreality as reality, making us unable to discern well as we live in a partial fantasy :/