Is the Internet Ruining Respectable Journalism?

I have a Bachelors degree in Journalism. I have spent years writing for various magazines, newspapers and newsletters, yet it has been for nothing. These days a stay at home mother can wake up on a whim and decide to write about tea recipes and can end up with readership of over thousands. The internet, with its opportunities for anyone to write in blogs and paid websites such as associatedcontent.com, make it possible for someone to call themselves a journalist without ever knowing what an inverted pyramid is, (Here is a hint, it's not the nutrition scale.) or AP style. (Not what you can pick out at the mall.)

So you say, wait a minute! You are writing on the internet yourself! That's right, I am. Because of the internet, respectable publishing positions are dwindling which limits us real journalists to resort to writing amongst those who never wrote an article a day in their life yet can pick a sensational topic, throw a bunch of keywords together and get away with readership like a fat rat.

What is going to become of publications such as the New York Times and Time Magazine? Eventually these publications are going to decay away in various recycling bins while people continue to click away on their computers reading articles by Joe Shmo with the 7^th grade education.

I remember when journalists were people who broke their necks to get the story, whose goal was to make the world a better place by using the weapon of information. Now a few words about Anna Nicole Smith and you can be nominated for the Pulitzer. We are all headed into a black hole filled with lies, sensationalism, and gossip as our trusted resources. It's going to get to a point where we won't even be able to trust the weather because of do-it-yourself weather websites.