I have to say I am super impressed by the Guardian’s crowdsourced analysis of the MP expenses scandal in the UK. Awesome fast turnaround to get it up and a third of the documents human reviewed. This kind of mash up is amazing and I think puts pay to the statement that the web will destroy great investigative journalism. Instead it seems really clever use of the web will enable more impressive journalism.
Of course one of the main reasons folks think the web and blogging will destroy great investigative journalism is that it needs to be funded by good advertising revenue. My perspective is that excellent use of targeting and loyal customers will allow newspapers online to fund the journalism with advertising. One thing that stands out to me is we need better targeting… the Guardian and other newspapers clearly have precisely the audience I want to target somewhere within their 30MM monthly unique visitors but no one seem to have a product yet through which I can buy exactly who I would want unless they allow a third party ad retargeting network to be live on their site.