It should be obvious to anyone by now, but real time publishing is powerful. It can also be dangerously chaotic and unreliable. There’s a wonderful example of it today with the @AP twitter hack. A single tweet made the Dow Jones Industrial Average plunge 140 points.
Incidents like this along with the recent Reddit witchhunts in the Boston bombings will cripple the development of new media journalism. There are archaic methods of checks and balance in traditional journalism, but how do you implement something like that across the crowd? And if you could, does it defeat the instantaneous nature of it? It’s a question I don’t have an answer for. Do you?
btw. The tweet should have been an obvious fake from the beginning because hackers don’t use AP Style. Mental Floss has a nice breakdown of that here.