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The world moves fast. Business moves fast. Digital media moves extremely fast. It is far too easy to allow ourselves to be constantly blown from one trend to the next.

It's no secret that the media has fragmented in recent years, that audiences have been cut into slivers, and that more and more people get their news from ever narrower outlets.

My general view is the delivery of news is changing in dramatic ways, and will continue to change into ways we can't even predict.

The advent of the Internet exposed the fact that the old business model for newspapers was broken. The world wide web fundamentally changed the media eco-system, challenging established journalistic practice in what is known as the mainstream media: radio, television, newspapers and magazines.

Yes, the disruption of the Internet can be blamed for the destruction of the business model that once made journalism a thriving, well-paying enterprise, but it has also created an array of new tools for reporting. Somebody will eventually figure out how to make online newspapers profitable - I hope.

Today we all are enjoying the fruits of the digital era. Millions of sources of information coming at us at lightning fast speed. That technology has also democratized the gathering and dissemination of news, allowing for 'citizen journalists' to make their mark, even usurping the role of mainstream news organizations at times.

I really do think we're going through a period of concentration of ownership of media, and we're starting to see the effects at the editorial level, and it's all bad. This increased pressure for profits every quarter, smaller news hole, less coverage of important stuff - the extent that it's become one giant infotainment industry.

The leverage and influence social media gives citizens are rapidly spreading into the business world.

Television saved the movies. The Internet is going to save the news business.

Even in developing markets, we're seeing the growth of digital communication is proceeding at a very rapid pace.