"The profession" was a myth to begin with. The function of the myth is to gain power at the expense of the public.
The public is well served to adopt the trite catch phrase of the the X-Files. Trust no one. The more you trust them, the more you stand to be manipulated or enslaved. That goes for the press, the government, and any institution that has power over what you believe and how you act.
Losing faith is a good thing, when the institutions are rotten.
Now would be a good time to throw the fairness doctrine back in the rats faces.