this is my fave. at first i wondered why they had a sad pic of a street. then i noticed all home foundations that had been built, but nothing else. pic is of rancho cucamonga, california, about 40 miles inland from LA.

a job fair in china.

“The idea that the price of advertising would slowly creep up enough on the web that it would be a profitable business is obviously turning out to be not anywhere near the case.”

i’m not saying i know how to fix journalism, but this is something that has bothered me about the conclusion that journalism absolutely cannot survive on online advertising alone. true online ad rates are much lower than print rates right now, and true, they aren’t growing as fast as publications need them to.

BUT did we forget we’re in the worst recession since the dawn of the internet? are people seriously drawing the conclusion that since online ad sales are horrific right now, it means they will be horrific forever? i just think it’s not the best time to make assumptions about the long-term viability of business models. just saying is all.