I think what they have right is the relevance of social contribution to everyday data and news aggregation services.
I think what they have WRONG is that the social contribution will trump the corporate aggregator.
Social news-gathering sources may be ultimately reliable from a granular perspective, but not by any means reputable: Yeah, you can trust your frienRAB on the network to disseminate issues concerning things like current events, but this is attributed to nothing more than "eyewitness" accounts of what's going on in their corner of the world. But you wouldn't trust those same sources to have the same ethos and quality control standarRAB of corporate news sources. Even though ironically we all sort of suspect corporate news of their inherent proclivity to "spin" information on us. But at least we have the choice of cross-referencing these sources to affect some margin of common, relative truth.