Here is video and summary from Chris O’Brien of “The Media Business: New Approaches.” panel at the Web 2.o summit, which was moderated by Ken Auletta of the New Yorker and included Evan Williams of Twitter and Joel Hyatt of Current TV.
Here is Hyatt on how Current deals with credibility and fact checking, given that 40 percent of its content is from its audience: “First, we’ve had no problems with that. What matters is how you present content. We always identify user generated content as such. We don’t say, ‘This is the truth.’ We say, ‘This is that person’s view point.’ If it’s our journalists, then we try to maintain high standards. If it’s our journalism, we’re happy to be held to the highest standards. But if it’s user generated content, then our community is the fact checker. If folks believe something is not right, the community responds in a very powerful way.”