Mike Oreskes, executive editor of the International Herald Tribune, was the keynote speaker on day two of the Online News Association conference in Toronto.

The main thrust of his talk: quality journalism is good for society, it creates a democratic society and that builds wealth.

Some highlights:

  • Journalists can help audiences deal with information overload. The proliferation of sources online is increasing the need for journalists, but these same forces are undercutting the business model for journalism.
  • Journalists must not become conveyor belts of information. Journalists are independent observers of the world, they study and interpret what our audiences don’t have time to do.
  • We need to reinvent journalism in a way that sustains traditional values of the profession but that can survive in a new media age.

This clip from the Q&A after his talk provides a flavour of the morning: