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> In theory, simply look at Lasik. Lasik 5 years ago, used to be 5k an eye. Now I can get it from a Pandora commercial for just $200.00. Thats capitalism. It dr
by pulisse 8y ago
> In theory, simply look at Lasik. Lasik 5 years ago, used to be 5k an eye. Now I can get it from a Pandora commercial for just $200.00. Thats capitalism. It drove prices down. I expect the same thing to happen with this. Competition will drive prices down quickly. It also allows the providers like Cox or Verizon to invest in their infrastructure. EVERYONE knows we are way behind Japan and other countries with our infrastructure.
Neither of your comparisons is on point. (a) A market like surgical services doesn't have significant barriers to entry. But the need to lay last-mile fiber or cable is a significant barrier to market entry. (b) Japan did not get its digital infrastructure through laissez-faire policies.