It's not that hard to answer

BuzzMachine: "So what the hell is journalism? Dave Winer says it doesn’t matter. “Journalism itself is becoming obsolete,” he argues well. Mathew Ingram recasts what Winer says, asking whether journalism is obsolete because anyone can do it."

This is a mite peremptory. Journalism is a professional pursuit of persons who combine writing skills, analytical capacity and investigative abilities. A journalist establishes direct contact with sources and events and reports on what she finds. Anything that does not involve most or all the criteria suggested here is not journalism.

Journalism is hardly dead, just not practiced as described in many cases.
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