Will Evolving Forms of Journalism Be an Improvement?

Do you think Journalism will change as time goes on? I honestly think journalism wont change. I mean what more can you change about it. Journalism is basically stating facts about an event, and putting some opinions and quotes into the story. High end journalism requires essential information about our government and society. This is a profession, not something to mess around with. To be a writer, you have to be fully committed; like a full time job, and trained from day one. I believe in two theories about journalism; one is high end journalism is leading to a downfall and my other opinion is journalism wont change.
My first theory is that I believe that high end journalism is leading to a downfall, because of the strong tool called the internet. The internet is known to be the informational delivery system of our future. It can be for our future reference, but has nothing on the first generation reporting idea's. The internet leads to many new publications where in this leads to ideas, and blogging. Where this becomes a repetition, commentary, and froth. Blogging is a state of news, but in reality it is really a readers opinion, and post of their own idea's. This is where bloggers then get false information from other bloggers, then before you know it, everyone gets the facts wrong.
The second theory that I believe is that high end journalism won't change as time goes on, meaning as in the future. This is because, what more can we change about journalism. Even in different countries everything is the same about the newspaper, and they provide their country with the facts they want. Every journalist travel to different places to get the facts right, and this requires time. News stories are all about the facts that are put into them, and full of peoples opinions; including witnesses. These are the keys facts for a new story that a journalist writes. They are the sources to their story, to make it more real and alive.
Either way, if journalism changes or not, it will still be in the same format. Full of facts and opinions from others. People believe that high end journalism is dying, and wont change unless there is a new economic model that is achieved. This wont be achieved on the web anyhow. David Simon believed that modern newspaper writing is the hardest job, and the most gratifying. This is because when you gather the information, it must all be full of truth, if otherwise you will provide the world with false facts. But the whole point of being a journalist is to provide your people with true facts about our problems, and about the world.