I meet people overseas that know five languages - that the only language I'm comfortable in is English.

Skype actually does get a fair bit of revenue.

[Smart] is an elusive concept. There's a certain sharpness, an ability to absorb new facts. To ask an insightful question. To relate to domains that may not seem connected at first. A certain creativity that allows people to be effective.

Why do people benefit in inverse proportion to their need? Well, market incentives make that happen.

It's the knowledge derived from information that gives you a competitive edge.

You can always think of something like the Xbox 360 as a super set-top box that can do everything the set-top box does, but then have the graphics to do the games as well.

Software substitution, whether it's for drivers or waiters or nurses ... it's progressing. ... Technology over time will reduce demand for jobs, particularly at the lower end of skill set. ... 20 years from now, labor demand for lots of skill sets will be substantially lower. I don’t think people have that in their mental model.