A lot of the satire in it about American TV seemed over the top in the late 80s, but now appears to have become all too real.
As Burch notes:
In addition to its criticisms of corporate greed and societal decline, Robocop also has time to pick on television. In the future, it seems, everybody watches one of two shows: the news, which is more or less identical to FOX News in both style and subject, and some weirdass comedy show starring a middle-aged pervert. The unnamed character, mustachioed and bespectacled, laughs frequently and hysterically as he is surrounded by unrealistically attractive women. His catchphrase? “I’d buy that for a dollar!”