Day two of mediabistro's UGCX conference began today with the panel "The New Newsroom" moderated by "BBC World News America" executive producer Rome Hartman, and featuring Ground Report editor-in-chief Rachel Sterne, NowPublic co-founder Michael Meyers and Publish2 co-founder Scott Karp. The question at hand: how is social media, mobile, and user generated content changing the newsroom.

Hartman provided perhaps the most blunt comments when he stated,"You talk about the wisdom of crowds, but it's a demonstrated fact that crowds typically like crap...what falls to the top is nonsense because people like water-skiing squirrels."

The conversation wasn't all negative. FishbowlNY has the complete recap.