I think you have to make a distinction between journalism and information. Journalism involves techniques and practices for dealing with information in order to be able to verify it and ensure that it is accurate and fairly presented. Those are techniques that you have. There are journalists in the digital world working every day who are doing exactly those things.
The digital world allows anybody with access to the digital environment to be able to convey information. Not all information is news, and it's certainly not journalism. Finding some way, as many journalists' groups are thinking about, to have some sort of trademark or Kitemark or something to be able to say “this is done following the journalistic practices” is one way to perhaps mark off the journalism from just information flow.
A lot of what we see in the digital world is just opinion and is not based on facts in any way, shape, or form, so it lends itself to conspiracies and misinformation very quickly.