Thursday, December 27, 2012

A note on how wages might be affected as computers do more and more journalism jobs

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For readers interested in the larger implications of automating jobs that journalists and many other office workers do, I recommend this b...
Saturday, December 15, 2012

Why it makes economic sense for Google to build computer programs that do the jobs that journalists do

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A quick note.  Google appears to be expanding its computer programs that do the work that journalists do. These programs are called digita...
Thursday, December 13, 2012

Newspapers will put themselves out of business if they take advice from commentators who are telling them to become “more like” new media

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Subheads in this post: 1. Each newspaper should charge its readers because prices are a critical economic signal that newspapers need to s...
Monday, December 10, 2012

Why new media can’t replace all the news and information created by old media

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My last post mentioned that new media companies would collapse if they had to produce original news and other information. This point is of...
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Friday, December 7, 2012

Newspaper paywalls are a rational response to competition - what took so long?

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Sometimes it takes a long time, but in the end rationality will have its say.   This appears to be the case for some prominent members of th...
Thursday, September 15, 2011

The economics of transitioning to digital media markets

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The transition from traditional media markets to digital markets was one of the dominant threads of discussion during last week’s conference...
Tuesday, September 13, 2011

Does economics overlook the logic of communication?

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Eric Rothenbuhler of Ohio University wonders if economic logic falls a bit short when it comes to understanding what drives success for medi...