We are only beginning to learn what the net can and cannot do, what is good and bad from it, what we should or should not make of it, what it reflects in us. The institutions created to grant print fixity and authority — editing and publishing — are proving inadequate to cope with the scale of speech (aka content) online. The current, temporary proprietors of the net, the platforms, are also so far not up to the task. We will need to overhaul or invent new institutions to grapple with issues of credibility and quality, to discover and recommend and nurture talent and authority. As with print, that will take time, more time than journalists have to file their next story.