The Decline of Journalism and the Cesspool of Useless Information

David Carr writes about the deeply depressing state of journalism. More layoffs at the Trib, Star-Ledger, Bergen Record, the Times, on and on.

At the recent American Magazine Conference, one of the speakers worried that if the great brands of journalism — the trusted news
sources readers have relied on — were to vanish, then the Web itself
would quickly become a “cesspool” of useless information. That kind of
hand-wringing is a staple of industry gatherings.

But in this case, it wasn’t an old journalism hack lamenting his  industry. It was Eric Schmidt, the chief executive of Google.