Everywhere I look I see "photography is dead" proclamations and I think it is easy to suss out the reason for the death. There's the loss of veracity in journalism, there's a loss of human involvement in the process, there's simply "just more than any human can possibly consume in a lifetime" which like all commodifications heavily discounts the entire stocks.
Our world of experience is becoming a world of images of experience, which is a completely different thing. The value of any particular image drops asymptotically toward zero, and hence the feeling that it is nothing more than as physics phenomenon. Just last week TIME crapped in its own pants with another fake image. It barely registers on the Richter scale because the world is entirely cynical about images. Thank you Google, CBS, MGM, Disney, et al.