clipped from alwayson.goingon.com

Is Google Killing Journalism?

There is no doubt that Journalism, as we know it,  is facing massive change.  The good old days of Journalism may have been back when big government and big journalism were able to keep each other in check.  But that model is falling apart.

So while Schmidt is right to worry that Google and Craig's List  and other low cost advertising alternatives have eroded the revenues of major media companies,  the death of Journalism began when Journalism was expected to begin to earn a profit.

Or maybe we're witnessing the birth of Journalism.

Once you separate the idea of Journalism from the business of journalism - you're able to look at things in a whole new way.   If the idea of journalism is that people can question authority,  debate issues and ideas,   and expose wrongdoing and misdeeds - then the emergence of blogging,  micro-blogging,  podcasting,  vlogging, and lifestreaming all begins to look like a new golden age of journalism.