I find ED Lore to be very interesting, and looked forward to CGs, events and new discoveries woven into the game narrative with authentic interest.
It is tough to generate this sort of content regularly, have it be consistent with canon, and have a game relevant outcome without a fair investment of resources.
If I had any influence at all on how to keep a content narrative available to players, it would be automated and related to player actions.
An autogenerated publication with sections on PMFs, PP, Squads, Thargoids, Bounty hunting, Piracy, Trade, with a TTS robot rachel option, featuring player portraits. No need for artful creative expression just the local news. Set this as a tab in the com panel - sort of like a local radio station.
"Today in LTT 7488, the dominant faction is the Illawarra Freelancers and the system is under Empire control. The faction is enjoying a boom state. The top wanted commanders in LTT 7448 are Danicus, Easy Mode, and Rama001(show portraits in communications panel). There is a high demand for Narcotics and Low Temperature Diamonds. Imperial slaves are being sold far below the galactic average. 32 Independent commanders visited this system in the past week, with representatives from squads x, y and z (Show squad leader portraits). LTT 7488 is currently being exploited by Aisling Duval."
This kind of content is essentially drawn from the BGS data, the sentences could be fairly bland and form-filled in structure, but it would make the galaxy seem very much alive.
Without some mechanic of this design, and without a serious persistent financial and creative effort, I don't see how a living narrative can exist in this game.