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In defence of newspapers and serendipity
That's a great observation on the parallel with media. There could be transferable lessons. For instance, in software, taking the agile approach requires a tremendous shift of mindset for those steeped in the traditional "waterfall" approach, and not everyone can make the jump. I would guess that the same is true in media. In fact, I would expect the disruption to be much worse because people would be less used to change than in the software industry where technology-driven change occurs more often.
The concept of Agile or XP development is that you get a framework up and running, then add features incrementally. At any time you should be able demo a working system, even if it has a few Not Yet Implemented screens. With TDD, as you expand your features, you expand your test suite, usually by writing a test, confirming it fails, then writing the appropriate code to make the test pass. Development only continues when all tests pass -- if you've broken an earlier test by your new code, that must get fixed before you move on.
It seems to me, trying to apply Agile or XP methods to journalism would have the journalist going back to their sources for "Just one more question". Done electronically via blog that wouldn't be too bad; done by phone would be slow and inefficient (and probably drive the source mad).
Then again, many hands make light work, as Pamela Jones of Groklaw (www.groklaw.net) has found out. In the end, it becomes a balance between getting the news out fast, or getting a fully-baked story a little later. With newspapers you know that you're going to get a story that's 12-24 hours old. With a blog, it might be as recent as five minutes ago, but with a greater chance that part of the story may be inaccurate due to the speed with which it was reported.
Interesting times.
This isn't really all that revolutionary -- wire services have effectively been doing "agile" journalism for decades, with multiple updates, corrections, additions, etc. And newspapers have had the benefit of that -- but now they have to think about doing it themselves.
As someone who worked at Washingtonpost.com told me, all that's really required is to move from the traditional "write, edit, publish" media mindset to one that's more like "write, edit, publish, edit, publish, edit, publish."