A Quote by Austan Goolsbee
When the Internet first appeared, this heated debate developed among economists. One side said the Internet will make it easier for companies to price-discriminate, and it'll be fabulously profitable.
Related Quotes
The Internet and virtual reality make it easier for people to stay rooted in their communities and work for companies headquartered elsewhere. The Internet has also created countless small businesses, triggering the creation of hundreds of thousands of new jobs.
When there were not very many Internet companies, the supply of Internet companies to the market was small and the appetite for them was large. Therefore, if you were in the business of creating Internet companies in 1996-98, you had a market that provided massive demand for that.
I'm for Internet openness. We're all for Internet openness. If you asked the American people, I think they support it. Internet companies, broadband companies are all in favor of it.
The Internet didn't get invented on its own. Government research created the Internet so that all the companies could make money off the Internet. The point is, is that when we succeed, we succeed because of our individual initiative, but also because we do things together.
Of all the big Internet companies, Yahoo is the most highly valued on a price-earnings and price-sales basis.
Our belief is that it is a basket of well-diversified companies that are playing the Internet, but are not direct Internet companies.
When the Internet first launched, you had all these newspapers saying that the Internet was only used by bad people, to do bad things and what was the point of it. But the Internet changed everything, just like Bitcoin will.
As each year and debate passes, more broadband companies will start to see that their future lies not in restricting an open Internet but in betting on it.
While still in college, I started my first Internet company - American Information Systems - a dial-up Internet provider in the Internet's formative years.
For society, the Internet is wonderful, but for capitalists, it will be a net negative. It will increase efficiency, but lots of things increase efficiency without increasing profits. It is way more likely to make American businesses less profitable than more profitable. This is perfectly obvious, but very little understood.
I think the Internet is a key driver of opening up opportunities, which impacts many things, including development - I will repeat that I am not a fan of looking at technology or the Internet in Africa through the lens of development - we love the Internet for sake of the Internet.
I have been on the Internet for a long time and have always gotten hate on the Internet, so there is a thick skin I have developed.
I think that the Internet is going to be one of the major forces for reducing the role of government. The one thing that's missing, but that will soon be developed, is a reliable e-cash - a method whereby on the Internet you can transfer funds from A to B without A knowing B or B knowing A.
Those who declared librarians obsolete when the Internet rage first appeared are now red-faced. We need them more than ever. The Internet is full of 'stuff' but its value and readability is often questionable. 'Stuff' doesn't give you a competitive edge, high-quality related information does.
Who ever knows what will happen with the economy, and will it affect the Internet? There's so much pouring into the Internet; I would doubt it, but I'm not the greatest predictor. But more than any media sector, I think the Internet will hold up.
For one of my specials, I said, "I'm going to make an airplane disappear." Okay! And the next day, everything went crazy - it was like breaking the internet before the internet.
Related Authors
Andrew Yang Quotes
American
Public Servant
Ben Bernanke Quotes
American
Public Servant
David Frum Quotes
American
Public Servant
Elizabeth Warren Quotes
American
Public Servant
Henry Paulson Quotes
American
Public Servant
James Comey Quotes
American
Public Servant
Janet Reno Quotes
American
Public Servant
Janet Yellen Quotes
American
Public Servant
Karren Brady Quotes
British
Public Servant
Michael Hayden Quotes
American
Public Servant
Mohammed Saeed al-Sahaf Quotes
Iraqi
Public Servant
Paula White Quotes
American
Public Servant
Samantha Power Quotes
Irish
Public Servant
Steve Bannon Quotes
American
Public Servant
Vivek Murthy Quotes
American
Public Servant
Wendy Kopp Quotes
American
Public Servant