The Future of the Blogosphere

I am in a reflective mood today and I was wondering what the future of the blogosphere will be. Will there be more and more blogs? Or will people lose interest in reading blogs? Will the blogosphere become the new newspaper? That is what I would like to see, not that newspapers would become obsolete, but that you could find instant information more and more often about what is going on of importance in our world without having to wait or watch TV. Bloggers are more prone to tell the truth than an anchor person is anyway, they are bound by their jobs if they are independent. What do you think?