And that is where I see the Journos! Their world is getting destroyed thanks to Blogging and News\/Blogging Aggregators (using RSS and other technologies). But Schmidt puts down blogging \u2013 with I am sure some applause in the crowd \u2013 not realizing that his company provides some of the more powerful tools for blogging. This is what he says:<\/p>\n
We\u2019re not in the news business, and I\u2019m not here to tell you how to run a newspaper. We are computer scientists. And trust me, if we were in charge of the news, it would be incredibly accurate, incredibly organized, and incredibly boring. There is an art to what you do. And if you\u2019re ever confused as to the value of newspaper editors, look at the blog world. That\u2019s all you need to see. So we understand how fundamental tradition and the things you care about are.<\/p><\/blockquote>\n
The news business has two components: News<\/b> and Analyses<\/b>. News is commodity (something like BPO in IT world) and Analyses is what people are looking for and paying for really. The second part is where the \u201ccream\u201d is!<\/p>\n
Blogs are taking over the cream<\/i> and converting it to a commodity. However, unless one has quality, he\/she will not get through the vast eyeballs. And that is where the disruption is. Some bloggers are incisive. More than the journos who lived with a chip on their shoulders.<\/p>\n
So, if you need to be in the \u201cNews\u201d business, you are now \u201con your own\u201d! You are as good as you write.. not which News Agency or paper you work at!<\/p>\n
The News business as we know it will change dramatically and radically. Punju-ishtyle assurances of Schmidt notwithstanding. <\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"
Google CEO Eric Schmidt\u2019s made a speech<\/a> two days ba<\/p>\n","protected":false},"author":1517,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[96,47],"tags":[],"class_list":["post-9505","post","type-post","status-publish","format-standard","hentry","category-blogging","category-news"],"yoast_head":"\nEric Schmidt on News and Blogging<\/title>\n<meta name=\"description\" content=\"Google CEO Eric Schmidt\u2019s made a speech two days ba\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/04\/eric-schmidt-new-and-blogging\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eric Schmidt on News and Blogging\" \/>\n<meta property=\"og:description\" content=\"Google CEO Eric Schmidt\u2019s made a speech two days ba\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/04\/eric-schmidt-new-and-blogging\/\" \/>\n<meta property=\"og:site_name\" content=\"Drishtikone\" \/>\n<meta property=\"article:published_time\" content=\"2010-04-13T20:33:26+00:00\" \/>\n<meta name=\"author\" content=\"Desh Kapoor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Desh Kapoor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/04\/eric-schmidt-new-and-blogging\/\",\"url\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/04\/eric-schmidt-new-and-blogging\/\",\"name\":\"Eric Schmidt on News and Blogging\",\"isPartOf\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#website\"},\"datePublished\":\"2010-04-13T20:33:26+00:00\",\"dateModified\":\"2010-04-13T20:33:26+00:00\",\"author\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#\/schema\/person\/e24bcebf9da3425dd595b71543245311\"},\"description\":\"Google CEO Eric Schmidt\u2019s made a speech two days ba\",\"breadcrumb\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/04\/eric-schmidt-new-and-blogging\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/04\/eric-schmidt-new-and-blogging\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/2010\/04\/eric-schmidt-new-and-blogging\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Eric Schmidt on News and Blogging\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#website\",\"url\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/\",\"name\":\"Drishtikone\",\"description\":\"Perspective on Life and World from Hindu and Indian standpoints\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#\/schema\/person\/e24bcebf9da3425dd595b71543245311\",\"name\":\"Desh Kapoor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/drishtikone\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3cc132f0b1d11236e6dc28b12e598a23?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3cc132f0b1d11236e6dc28b12e598a23?s=96&d=mm&r=g\",\"caption\":\"Desh Kapoor\"},\"description\":\"Making sense of the world via the perspective of Dharma and Hinduism. 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