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And yet, the Internet exists because short sighted profit requirements were kept at bay, and eventually the Internet managed to create more value for society th
by bborud 7y ago
And yet, the Internet exists because short sighted profit requirements were kept at bay, and eventually the Internet managed to create more value for society than any online service ever by a margin so large that logarithm of the difference is amazingly large.
I work for a telco. My assumption is that the profit margin for connectivity will first converge on zero and then it will drop below zero. There's so much value in the services above connectivity that connectivity won't need to be profitable.
Of course, nobody in my industry will want to talk about that, or even admit this is a real possibility, because it implies that connectivity will most likely be owned by those who make money on services on top.
If we think net neutrality is important today, we ain't seen nothing yet. And given how hard we have had to fight in the past to just about maintain some form of parity, I'm not extremely optimistic about the future.