Destruction of the Media Industry: Will We Be Better Off In the Long Run?


TOPIC QUESTIONS
Q1) Does the proliferation of new media make us more informed or just more confused?
Q2) Can businesses and institutions legitimately fill some of the trust gap that's been created by the collapse of media institutions?
Q3) Can armies of bloggers and citizen journalists fill the void left by the loss of media institutions?
   Event Details
Event Date:
     2010-02-09
Event Time:
     12PM - 1 PM EST
Participants:
     48
Tweets:
     847


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Moderator
Paul Gillin_casual_small.jpg
Paul Gillin
twitter:
BIO: I’m a long-time technology journalist who’s worked almost exclusively online since 1999. I advise marketers and business executives on strategies to optimize their use of social media and online channels to reach buyers cost-effectively. In addition to my consulting and writing, I do a lot of speaking and seminars. I have a knack for simplifying complex concepts and making technology trends understandable. In my past life, I was founding edito ...more
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Moderator
It was fun. Thanks . RT : Thanks to for hosting today and providing some great insight #socialmedia #sm46
RT : 4 content curators 2B sustainable they must form a profession, live by standards of prof, & gain legal protections #sm46
RT : Trad media still going to be needed for reporting from warzones etc. can't see too many citizen journos getting access #sm46
RT : 4 content curators 2B sustainable they must form a profession, live by standards of prof, & gain legal protections #sm46
New trusted sources will be in place. RT : Predictions if we revisit this topic in a year, two years? #sm46
New trusted sources will be in place. RT : Predictions if we revisit this topic in a year, two years? #sm46
RT : Each journo on Twitter can become curator/trusted source for their niche community even if they work for trad'l media. #sm46
...What's left of trad media RT Think Trad Media will morph (eventually) and New Media will continue to complement and grow. #sm46
...What's left of trad media RT Think Trad Media will morph (eventually) and New Media will continue to complement and grow. #sm46
RT if the current model of content delivery is unsustainable, the need for new models of sustainable curation = critical #sm46
RT if the current model of content delivery is unsustainable, the need for new models of sustainable curation = critical #sm46
Good point. Transparency enhances trust. RT : At the heart of any choice to trust is imputed motive. #sm46
RT : New media & tradl media can be co-dependent. Remove all tradl media, then Digg, Fark, not as interesting or deep. #sm46
Irony of media collapse: Readership of content produced by news organizations is at an all-time high. It's biz model that's collapsing #sm46
RT : New media & tradl media can be co-dependent. Remove all tradl media, then Digg, Fark, not as interesting or deep. #sm46
Irony of media collapse: Readership of content produced by news organizations is at an all-time high. It's biz model that's collapsing #sm46
We trust peers for different reasons that we trust media institutions. #sm46
We trust peers for different reasons that we trust media institutions. #sm46
RT : Q for the assembly: Are we really looking for facts? Or for a common understanding? #sm46
Agree. RT : When we think abt trust as if its black & white we limit R understanding. Think of it as a continuum #sm46
Final disc. question (which we've alrdy covered): can armies of bloggers & citizen journalists fill void left by loss of media? #sm46
Final disc. question (which we've alrdy covered): can armies of bloggers & citizen journalists fill void left by loss of media? #sm46
& do U have time if it's not yr job? RT : No, U have the resources 2 PUBLISH, not ncssrly 2 INVESTIGATE. #sm46
RT : It is like trust resides on sliders, one for source, one for domain, one for controversy of content #sm46
Human nature, right? RT : It's funny, we keep comparing new model to old! #sm46
Maybe we have to revisit "investigative rprting." Was it Politico that had ppl running around Sup Bowl to find politicians on junkets? #sm46
Maybe we have to revisit "investigative rprting." Was it Politico that had ppl running around Sup Bowl to find politicians on junkets? #sm46
But would you trust them for advice? RT But I don't find world news from Ford, Starbucks, etc. At least, not yet! #sm46
But would you trust them for advice? RT But I don't find world news from Ford, Starbucks, etc. At least, not yet! #sm46
RT Traditional media/publishers weren't curating. Think of how many got their "news" from Press releases & interviews #sm46
RT Traditional media/publishers weren't curating. Think of how many got their "news" from Press releases & interviews #sm46
Commercial or government enterprises. RT : Define "businesses and institutions" please. #SM46
Commercial or government enterprises. RT : Define "businesses and institutions" please. #SM46
Excellent point. Digg and Reddit create a form of trust, but community standards sometimes suspect. #sm46
Excellent point. Digg and Reddit create a form of trust, but community standards sometimes suspect. #sm46
Commercial or government enterprises. RT : Define "businesses and institutions" please. #SM46
Commercial or government enterprises. RT : Define "businesses and institutions" please. #SM46
Excellent point. Digg and Reddit create a form of trust, but community standards sometimes suspect. #sm46
Excellent point. Digg and Reddit create a form of trust, but community standards sometimes suspect. #sm46
Do you think many businesses acknowledge the value of trusted content? Or do they just wanna sell? #sm46
Commercial or government enterprises. RT : Define "businesses and institutions" please. #SM46
Do you think many businesses acknowledge the value of trusted content? Or do they just wanna sell? #sm46
Commercial or government enterprises. RT : Define "businesses and institutions" please. #SM46
Media was created to solve the problem of lack of info. Today we have opposite situation. So maybe media's value is in curation. #sm46
Do you think many businesses acknowledge the value of trusted content? Or do they just wanna sell? #sm46
RT : Tweeter' standard of what is worthy of passing along has been biased by whether they judge that it will be RT'd #sm46
Media was created to solve the problem of lack of info. Today we have opposite situation. So maybe media's value is in curation. #sm46
RT : Tweeter' standard of what is worthy of passing along has been biased by whether they judge that it will be RT'd #sm46
RT : Tweeter' standard of what is worthy of passing along has been biased by whether they judge that it will be RT'd #sm46
The Museum of Advertising is 's effort to start a museum through curation. http://bit.ly/9RY4QX #sm46
RT : With Google Reader's Shared Items, I can let others that I trust find and value content in their area of expertise. #SM46
We curate that which we trust, so good curators can become trusted media w/o actually creating original content. #sm46
How so? RT : Many Twitterati already try to act like curators but have been corrupted by retweet #'s #sm46
RT : With Google Reader's Shared Items, I can let others that I trust find and value content in their area of expertise. #SM46
How so? RT : Many Twitterati already try to act like curators but have been corrupted by retweet #'s #sm46
RT : My point is just that people can trust those that aren't trustworthy. It's not sustainable, but it happens. #SM46
RT : My point is just that people can trust those that aren't trustworthy. It's not sustainable, but it happens. #SM46
2nd discussion topic: Can businesses and institutions fill some of the trust gap created by the collapse of media institutions? #sm46
If influence+popularity=trust, then Glen Beck is a trusted source! #sm46
If influence+popularity=trust, then Glen Beck is a trusted source! #sm46
2nd discussion topic: Can businesses and institutions fill some of the trust gap created by the collapse of media institutions? #sm46
If influence+popularity=trust, then Glen Beck is a trusted source! #sm46
But essential for new trust to emerge. RT : Similar to music biz. Loss of labels = loss of quality control... #sm46
Like the curator idea. Can machines ever fill that role or will curation become a growth category for human jobs? #sm46
We derive accuracy from validation. News orgs have track record but validation of many individuals can be just as good. #sm46
RT : Another good filter tool: Fever: http://bit.ly/agJEkP #SM46
Accuracy issue is interesting. Some ppl don't care much about accuracy if the source reflects their opinion. #sm46
Accuracy issue is interesting. Some ppl don't care much about accuracy if the source reflects their opinion. #sm46
Can say that again! RT : Information does not equal knowledge. #sm46
Can say that again! RT : Information does not equal knowledge. #sm46
Not familiar with Trustrank. Give our participants a link if you can. #sm46
Not familiar with Trustrank. Give our participants a link if you can. #sm46
Perhaps an RSS feed of trusted bloggers/vertical websites is as effective as a daily newspaper. #sm46
Perhaps an RSS feed of trusted bloggers/vertical websites is as effective as a daily newspaper. #sm46
But doesn't the "age of one" give voice to valued sources we couldn't access before? #sm46
But doesn't the "age of one" give voice to valued sources we couldn't access before? #sm46
Executive summary of Edelman 2010 Trust Barometer http://bit.ly/9liInm #sm46
Executive summary of Edelman 2010 Trust Barometer http://bit.ly/9liInm #sm46
Trust is variable. I trust Wikipedia to tell me the date of Yalta Treaty but to assess Bush presidency? Maybe not. #sm46
True. Trusted institutions are collapsing. How will trust be communicated in the future? #sm46
True. Trusted institutions are collapsing. How will trust be communicated in the future? #sm46
True. Trusted institutions are collapsing. How will trust be communicated in the future? #sm46
First discussion question for #sm46: Does the proliferation of new media make us more informed or just more confused?
First discussion question for #sm46: Does the proliferation of new media make us more informed or just more confused?