Past philosophical analyses of bullshit have generally presented bullshit as a formidable threat to truth. However, most of these analyses also reduce bullshit to a mere symptom of a greater evil (e.g. indifference towards truth). In this paper, I introduce a new account of bullshit which, I argue, is more suited to understand the threat posed by bullshit. I begin by introducing a few examples of “truth-tracking bullshit”, before arguing that these examples cannot be accommodated by past, process-based accounts of (...) bullshit. I then introduce my new, output-based account of bullshit, according to which a claim is bullshit when it is presented as or appears as interesting at first sight but is revealed not to be that interesting under closer scrutiny. I present several arguments in favor of this account, then argue that it is more promising than past accounts when it comes to explaining how bullshit spreads and why it is a serious threat to truth. (shrink)