This article examines Journalism in the rapidly changing world and how our understanding of Journalism has rapidly changed and still changing in the era of technological advancement of smartphone, blogs, social media and new styles of publication and broadcast. Few decades ago, Journalism used to be a step by step procedures that needed to be followed judiciously. The different types of twenty-first century Journalism was highlighted. It also examined Computational or Data Journalism as the next big thing of our time, which makes use of Artificial Intelligence (AI), Data Mining, Content Analysis and Visualization to execute various levels in Journalism processes, stating the advantages and disadvantages of it. The paper also highlights the implications of generative Artificial Intelligence in news production and distribution as well as the power imbalances between platform companies and news industry. Recommendations on how Artificial Intelligence can be regulated for optimal utilisation were also given.