Bill James, so-called "guru of baseball statistics" — he hates that moniker — and general Really Smart Guy, on the past and future of newspapers :
You and I entered the scene at a certain point, where each city had one or two big newspapers which had hundreds and hundreds of features, and they had these things when we were 10 years old and learning to read and they had them when we were 25 years old and 35 years old, so we tended to think of that as the natural and permanent order of the universe — but it wasn't; it was just a moment in time; the newspapers were very different in 1935 and very different in 1935 from 1910 and hugely different in 1910 from 1885.
Eventually the newspapers — as a natural outcome of processes that began in 1836 — became SO big and so expensive that they were dinosaurs, unable to compete with smaller and lighter information providers.
We're back to 1836 now, in a sense; everybody who wants to has his own "newspaper", and it's tough to know who is good and who is reliable and who isn't, but the same processes are still running. The blogs will get bigger; the good ones are hiring a second helper and a third and fourth, and we'll spend a century or more sorting things out and re-creating the market. It's hard, but it's not a bad thing. It's a good thing.
Hat tip to Nathan Bierma , who got it from someone else, but that's how the internet goes.