how long do we have to wait to see...

How do you think the internet is affecting the way news organizations cover events? We've heard it hundreds of times now that the meaning of timeliness has come to describe events that are happening RIGHT NOW. No longer can you print something that happened 12 hours ago. No way, the readers have already read it 2-3 times by then. The change in meaning can either go one of two ways:
1) We develop ways to get what is important directly to the reader ASAP. I think in the near future, journalists will be writing their stories via mobile phones while they are in the heat of the moment and then upload it directly to a server. Actually, I would be surprised if this wasn't already occurring.
or 2) Simply put, chaos. The entire business goes down the drain. Everyone will be putting eVerything on the web and good content will be indistinguishable from the bad.

Now I consider myself quite cynical, but I actually wonder what would follow if the latter happened. The concept of the fourth estate aka watchdog would disappear entirely. Broadcast companies would spew lies to the public and no one would know the difference. Maybe that's already happening. I guess in some sense I believe in Murphy's Law: whatever can go wrong, will go wrong. But at the same time we could be heading to an undeniably futuristic and intellectual period of journalism.

Only time will tell...