3 ms·
I forget the name of the phenomenon, and my search-fu is failing me, BUT - there is something like the "first mover disadvantage" or "innovator's curse" when it
by rjbwork 4y ago
I forget the name of the phenomenon, and my search-fu is failing me, BUT - there is something like the "first mover disadvantage" or "innovator's curse" when it comes to infrastructure and technology.
Compare somewhere like Romania with the US. Sure, the size of the country matters, but they started their modern network buildouts WAYYYY after the US. They US was heavily invested in copper and coax. Romania was able to leapfrog our legacy technology and move straight to fiber + neighborhood based local ISP's. While both technologies performed similarly very early on, the ceiling of performance and lifetime of the line is far higher for fiber than copper or coax (barring physically destructive actions like an errant shovel.
So, in effect, they started with something can be upgraded continuously to this day. We started with something whose performance ceiling was much lower, and whose effective lifespan was over 10 years ago or more in many cases. So now that old stuff has to be maintained while doing the capex heavy infrastructure work all over again to get the new stuff in there. Meanwhile, we're still paying them every month and their shareholders are collecting their dividends, so why would they want anything to change? It's not like they're going be able to charge some insane premium for their new faster fiber lines over their old and slow coax and copper.