David Card
David Card
David Edward Cardis a Canadian labour economist and Professor of Economics at the University of California, Berkeley...
anybody aol cooperate incentive letting
AOL isn't letting anybody into their network, if they don't have to. There's no incentive for AOL to cooperate with anyone.
effects immigrants industries labor taking type
Immigrants come in and the industries that use this type of labor grow. Taking all into account, the effects of immigration are much, much lower.
advertising business cause content crappy dollars front guarantee kids lots mind model proven
It's not a proven business model yet. There will be some advertisers who won't mind sponsoring lots of crappy content cause they want to get in front the kids who go to these sites. But there are lots of advertisers who don't want anything do with it...One thing I can guarantee you is there's not enough advertising dollars to go around.
content creation good holding outsource proven though
They've proven that they're very good at holding on to an audience, even though they outsource content creation,
home jump networks number pages people personal social traffic
They've just come out of nowhere, and they're huge. They've done a number of things that were really smart. One was blogging. People have been doing personal home pages for as long as the Internet's been around, but they were one of the first social networks to jump on that. They've also jumped on music, and there's a lot of traffic surrounding that.
competition growing
It's not about competition yet, it's about growing the market.
consumer critical driving internet
The consumer Internet is what's driving a lot of critical technologies right now.
excited potential video
I'm excited about the potential of the technology, but right now video is pretty brutal.
audience data finding good job kinds mining natural people teaching work
It's challenging teaching that audience to use those kinds of tools. It may not be a natural thing, but it could work if they do a good job data mining and finding people with like passions.
demands due heavy hold itself journal music royalty rumors service spreading
The Journal is spreading rumors that Microsoft's music subscription service -- itself a rumor -- is on hold due to heavy royalty demands from labels.
audience believer company issue marketing media multimedia partners service
The issue for an Internet-only company to service their audience and their marketing partners is better if they have traditional media offerings, too. I'm a believer in multimedia media companies.
capacity certain point price reaching sales surpass technology
Flash-device sales will surpass hard-drive sales. But the technology is not important. What's important is reaching a certain capacity at a certain price point at a certain size.
prevent technology
At some point, you want to prevent the other technology from being adopted.
definite invest moral nervous people perception tobacco unwilling
There's a definite perception that people would be unwilling to invest or are nervous about that. Although, frankly, if people invest in tobacco companies, then I don't know. Not my place to be a moral judge.