As Scott Pelley accepts his award he discusses how journalism has changed over the years and how we need to go back and think about the basics again. 
Recently there have been many times where journalists have gotten the story wrong. Once something is on the internet it can spread so quickly. Pelley made this seem as though it was a bad thing that the news was able to spread so fast through social media and other sites. Although there is no excuse for getting information wrong it is still important for the information to get out quickly.
One thing that bothered me the most was that he labeled sites such as Facebook and Twitter as gossip sites. Although this is where many rumors come from it is also used as a tool to get important breaking news to the public in an efficient manner.
He stated that if you are first no one will remember but if you are wrong no one will ever forget. The first part of that I do not believe to be true. When I am looking for breaking news I know the reporters twitters that I prefer since they will have the story up first. The second part I believe to be true, but I think that reporters are only as good as their sources.
Growing up in this time I think we do hear all of this information but at the same time people want different things and they push immediacy very much, not that it is a bad thing.