The speed of communications have been accelerating in my lifetime. Look at the progression to the Internet: Pony Express (OK, before my time) - telegraph - phone - fax. Look at the progression to 24/7 news channels: letters - periodicals - dailys - radio - TV - cable.
More and more information, provided faster and faster means that the truth and the lies have less places to hide.
Media will not just avail itself of the speed, but also utilize and adapt to it. The Old Media will long for yesterday and either figure out how to join the New Media OR mistakenly hope that the old ways will still be valid even in the near future. The New Media will be composed of leaders and survivors of the adaptation to the increased information, speed and the new communications methodologies.
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