Comment Re:Paper and gasoline-based dinosaurs (Score 4, Insightful) 136
You're ignoring one of the most important jobs of newspapers: investigative reporting. While blogs and news aggregators like Digg and Slashdot do provide a useful service, they don't generate much news. Digg and slashdot primarily link to traditional news sources and would be bereft of content were such organizations to disappear. For an example of the importance of this role, just look at the past few years. If it were not for the investigations carried out by major newspapers (in particular the NY Times and the Washington Post) we would not know about the NSA wiretaps, the Guantanamo abuses, or the role of the Bush Administration in falsifying pre-war intellegence, just to name a few.
In order for a democracy to truly function, a strong, independent press is necessary (look at Russia for a "democracy" where this element is missing). It's hard to see blogs and TV news stations taking over that role from newspapers any time soon.