Online Trend: Changing Sources of Information

It used to be that the journalism industry had relative monopoly on providing information. But now-a-days, millions of blogs and even sites like Wikipedia are taking over this service. When there are millions of sources available for getting your information, whether or not they are considered “accurate” and “reliable”, how can the journalism industry compete? This, of course, is a trend that can be observed in a number of other industries/institutions (TV, schools and universities), and it shows no signs of slowing down. BoingBoing’s Cory Doctorow writes that “in a Google search of five keywords or phrases representing the top five news stories of 2007” blogs are ranking higher than the New York Times website, and Wikipedia beats both. Perhaps the answer can be found in Hugh McGuire’s article for the Huffigton post, where he suggests that these industries are having trouble in the digital age because they confuse what they do with what they are for. What do you think?

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