The MIT/Stanford Venture Lab (VLAB) set up a panel of journalists and investors to talk about the future of news in the 21st centuryNo point in hiding our face in the sand.Printed media is in danger: bankruptcy of the Tribune Company, Seattle is now a one-newspaper city (Seattle Times), Boston maybe next (the Globe might also have to stop its printing press leaving it all to the Herald), troubles at Philadelphia and Minneapolis newspapers and many other media outlet around the country have shut or are in turmoil.With that as a backdrop, the MIT/Stanford Venture Lab (VLAB) asked a panel of journalists and investors to explore some of the hard issues the media is currently facing at the dawn of the 21st century at an event last night.So what’s the future of printed media? How will journalism and the news business evolve with technology? What are the new opportunities for entrepreneurs? How can high-tech innovators build new business models around news and the barrage of newly unemployed journalists?For Silicon Valley celebrity Guy Kawasaki, printed newspapers simply have no future.“I think it’s going to take the death of the organizations, it’s just like car companies, there’s too many car companies. We’re maybe in this perfect storm where death may be accelerated but I think it’s an over-supply issue… I think newspapers are going to die, but wether journalism does, that’s the issue,” added Kawasaki, the chairman of Garage Technology – a venture firm – and Alltop founder.Journalists and Bloggers: different ethicsThe panel also raised the issue of bloggers vs. journalists. Are bloggers really journalists? For tech analyst and columnist Larry Magid, bloggers are just oblivious of conflict of interests pointing to a mommy blogger that is blogging about candies and is on a candy company payroll (Hershey’s).“I call that a whore and not a journalist… And she’s not even apologizing for it,” said Magid.Although not all bloggers are oblivious of conflicts of interests, many are and