Media_Good journalism, bad journalism?

Met a friend in the university today and talked about the current journalism. He said traditional journalism is already going to die. "The problem is everyone could do bad quality journalism online".

In some extent, it is right. When I studied the journalism history, the newspaper was created when people feell the need to exchange informations between each other; now the problem with the born of Internet is people need the medium to exchange "useful" or "valuable" information. With the decentralization coming to the peak, the centralization will start. That's I learned from history: He jiu bi fen, fen jiu bi he.( the centralization always comes after long-time decentralization, and the reverse).

But the most difficult thing is not the result, but the timing. Just like the stockmarket, you could easily guess the price will go up or down, but always hard to get the exact timing.