Two places to the left at the table, Dan Gillmor is weblogging the conference rather than musing about past conferences he didn't attend:
Dan Gillmor on Grassroots Journalism, Etc.: At the 'Changing Economics of News gathering in Berkeley, we're getting down to some fairly core issues. Rather than try to summarize what's happening, I'll just note key observations by panel members:
- 'I don't think today we know the magnitude of the market failure' in the loss of what's often called 'hard news' reporting, says James Hamilton, professor of economics and public policy at Duke University. (His new book, All the News That's Fit to Sell', should be required reading in the industry.)
- Are we returning to the economics of the 19th Century, when circulation (as opposed to advertising) provided the bulk of the revenues? Perhaps, says Albert Scardino of the Guardian.
- News is becoming a service, not a product, says GBN's Katherine Fulton. Maybe we're heading for a world where great journalism needs patrons as opposed to traditional customers.
- Craig Newmark says, 'The effects we're having on the classified (advertising) market are pretty overstated.' But he says the news business has lost trust. He's cautious about predictions, having predicted 'lunar colonies.'
- Brad DeLong asks: Why is Bloomberg (which hired the Washington Post's excellent Federal Reserve reporter) more interested in covering the Fed correctly than the Post?
- The New York Times' John Markoff says a discussion like this in five years will derive from near-universal access to high-speed data connections -- that the medium will determine a lot of the economics.
- Sandy Close of Pacific News Service notes the explosion of ethnic media, a 'hunger to be visible' in a world where mass media have failed to reflect society's realities. Small businesses are the advertising base.
- Zephyr Teachout says we must create an architecture for civic involvement, including journalism -- but we need to combine real world activity with online work.
- Reaching the new America is an enormous opportunity for emergent media, says Sandy Close. She urges multi-lingual jobs classifieds for craigslist, as an example of what's needed.
Dan Gillmore himself should be added to the list. His best line, about his own attempt to create a new form of journalism with his grassroots journalism project, talks about leaving the San Jose Mercury News: "Maybe I'm just insane. The question is, 'Why did I jump off the cliff, and am I going to be able to assemble a hang glider before I reach the bottom?' I think so."