Jay Rosen, The Twisted Psychology of Bloggers vs. Journalists: My Talk at South By Southwest
Journalists today are under stress. The stress has five sources. Bloggers put all five right into the face of professional journalism.
One: A collapsing economic model, as print and broadcast dollars are exchanged for digital dimes.
Two: New competition (the loss of monopoly) as a disruptive technology, the Internet, does its thing.
Three. A shift in power. The tools of the modern media have been distributed to the people formerly known as the audience.
Four: A new pattern of information flow, in which “stuff” moves horizontally, peer to peer, as effectively as it moves vertically, from producer to consumer. Audience atomization overcome, I call it.
Five. The erosion of trust (which started a long time ago but accelerated after 2002) and the loss of authority.
Read the whole thing.