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By the very nature the way journalism is being generated, you're far more likely to see the documentarians be part of the story than you are your Action 7 News Team.
The fact that it isn't uncommon doesn't make it right, and plenty of people think they shouldn't be called "journalists" if they do so. I don't think that kind of sleaze should be compared alongside Lindsay's courageous act on MobLogic.
PS, "participatory journalism" is nothing new. Read up on George Plimpton.
This is about as startling an observation as noticing that its quicker to make a phone call than it is to file a news report.
"In this case, the news was obviously reported first by those involved in the story, and this trend in first-person reporting is likely not to be a phenomenon that decreases over time."
News is always first reported by those involved in the story, to a journalist who acts as intermediary between source and audience. Twitter's role, and that of social networking technology, in the future of news will be in providing journalists with more sources of information.
The majority of people will not get their news in the future from Twitter et al but will continue to look to news organisations - the traditional gatekeepers of information - who will make use of these tools. Quite simply, most people do not have the time or inclination to commit to social networking services to the same degree as mashable readers. The future of news is not social networking technology, though news organisations will leverage it.
Isn't that what Hunter S. Thompson did when he started "gonzo journalism" 40 years ago?
Yes, participatory journalism and gonzo journalism is a very old concept.
The prevalence and mainstreamification of these concepts is very new. Hence New Media being the label for not only the underlying technologies, but also the methods employed.
As to your comments, Niall, yes, you're right there's always the first reports that come from the sources, but you yourself in your explanation said that those reports are being made to a journalist. The fundamental difference here is that those reports are no longer being made to journalists, but the entire world.
Also, beating the USGS is a very big deal. Those reports are generated by sophisticated machinery, and are largely automated. Humans beating machines with detailed accounts in this case is a fairly big deal.
A niche social network is not the entire world. Social networks just make the grapevine a bit bigger. It's a fantastic development and one that journalists should use enthusiastically.
However, the idea that people will bypass the media and get their news in future direct from original sources through Facebook or Twitter is fanciful.