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I have to pay for all of that, You realize it isn't free and people still subscribe right? Also do you realize this has already been done and worked incredibl

I have to pay for all of that, You realize it isn't free and people still subscribe right? Also do you realize this has already been done and worked incredibly well in lots of places with much faster speeds and cheaper prices? This isn't some wild experiment.

bandrami 3y ago
From an econ theory standpoint it's in a weird place: broadband is both rivalrous and excludable, so it's not a "public good" in the traditional sense, but it also relies on geographically-fixed infrastructure, so a private market for it cannot be efficient. In the US, goods like this are usually provisioned through a metered semipublic utility. The problem is that to work, those need a monopoly.
- CyberDildonics 3y ago
  The problem is that to work, those need a monopoly. This isn't true and we can see it by the fact that lots of places have multiple wires run to them from ATT and multiple cable companies. Most of the time with cable a neighborhood is wired up but a cable isn't ran to a house until it is needed. ISPs make so much profit they don't need everyone to sign up. A lot of times there is nothing to dig and it is run off a pole. They aren't giving a metered commodity like electricity, gas or water with their lines. Once a line is run to someone's house it's wildly profitable since the bandwidth per person is so cheap.
  - inemesitaffia 3y ago
    You should actually look at the books of these ISP's. Loaded with debt and other liabilities and grocery store profits/net margins. Gross margins may be 60% or more but they aren't ending up with the shareholders or C-Levels
    - CyberDildonics 3y ago
      You should actually look at the books of these ISP's. Then link something and show me specifically what you are talking about. Loaded with debt and other liabilities and grocery store profits/net margins. I'm not sure exactly what this is supposed to mean, but debt is how things are financed and comcast made a 3 billion dollar profit from 31 billion in revenue. https://www.google.com/search?q=comcast+profit https://www.google.com/search?q=comcast+profit
      - inemesitaffia 3y ago
        What's the debt though? AT&T has more debt than share value. That profit is 10% What's the spread between that and the loan repayment rate? What's the Fed rate? People invest in different things but they should be getting value at least equivalent buying Fed bonds.
        CyberDildonics 3y ago
        What's the debt though? AT&T has more debt than share value. You tell me, you're the one who made the claims. That profit is 10% What's the spread between that and the loan repayment rate? What's the Fed rate? Profit is after servicing loans. the loan repayment rate? What loan? What are you talking about? What's the Fed rate? People invest in different things but they should be getting value at least equivalent buying Fed bonds. It's 5.25%, that took me 4 seconds to google. Did you think it might have been 10%?
        inemesitaffia 3y ago
        Comcast has 94 billion in debt At&T is 155 billion in debt That Fed rate spread definitely puts those companies in grocery store rates It's not a good business to be in unless you're a big investor depending on consistent earnings They aren't "making it big" Unless there's collusion, multiple providers means minor amounts of profit. Bandwidth is ridiculously cheap these days once you're big enough. The costs are in laying Fiber, power, repair and support. And definitely debt servicing. Let's say there's a new residential block with 12 homes one mile away from another place with service from your network core If the ground is alright or there's poles, you deliver at 15 to 20k/mile to the demarc at the building. Spend 5k for a stub or 20k for a regular connection that allows for extensions like the one you just made. Then spend 750/home for connections+CPE. Maybe extra money for IP addresses if you don't do CGNAT. If you bill 50 a month and have no issues there you spend 7 years recovering your money before you make any profits. When you see this you'll know why Verizon removed it's CEO after he laid lots of fiber. These numbers are assuming there's full take-up. A single truck roll can wipe off two months of earnings from a user There's better shares to buy. Better businesses to invest in

bandrami 3y ago

From an econ theory standpoint it's in a weird place: broadband is both rivalrous and excludable, so it's not a "public good" in the traditional sense, but it also relies on geographically-fixed infrastructure, so a private market for it cannot be efficient. In the US, goods like this are usually provisioned through a metered semipublic utility. The problem is that to work, those need a monopoly.

CyberDildonics 3y ago
The problem is that to work, those need a monopoly. This isn't true and we can see it by the fact that lots of places have multiple wires run to them from ATT and multiple cable companies. Most of the time with cable a neighborhood is wired up but a cable isn't ran to a house until it is needed. ISPs make so much profit they don't need everyone to sign up. A lot of times there is nothing to dig and it is run off a pole. They aren't giving a metered commodity like electricity, gas or water with their lines. Once a line is run to someone's house it's wildly profitable since the bandwidth per person is so cheap.
- inemesitaffia 3y ago
  You should actually look at the books of these ISP's. Loaded with debt and other liabilities and grocery store profits/net margins. Gross margins may be 60% or more but they aren't ending up with the shareholders or C-Levels
  - CyberDildonics 3y ago
    You should actually look at the books of these ISP's. Then link something and show me specifically what you are talking about. Loaded with debt and other liabilities and grocery store profits/net margins. I'm not sure exactly what this is supposed to mean, but debt is how things are financed and comcast made a 3 billion dollar profit from 31 billion in revenue. https://www.google.com/search?q=comcast+profit https://www.google.com/search?q=comcast+profit
    - inemesitaffia 3y ago
      What's the debt though? AT&T has more debt than share value. That profit is 10% What's the spread between that and the loan repayment rate? What's the Fed rate? People invest in different things but they should be getting value at least equivalent buying Fed bonds.
      - CyberDildonics 3y ago
        What's the debt though? AT&T has more debt than share value. You tell me, you're the one who made the claims. That profit is 10% What's the spread between that and the loan repayment rate? What's the Fed rate? Profit is after servicing loans. the loan repayment rate? What loan? What are you talking about? What's the Fed rate? People invest in different things but they should be getting value at least equivalent buying Fed bonds. It's 5.25%, that took me 4 seconds to google. Did you think it might have been 10%?
        inemesitaffia 3y ago
        Comcast has 94 billion in debt At&T is 155 billion in debt That Fed rate spread definitely puts those companies in grocery store rates It's not a good business to be in unless you're a big investor depending on consistent earnings They aren't "making it big" Unless there's collusion, multiple providers means minor amounts of profit. Bandwidth is ridiculously cheap these days once you're big enough. The costs are in laying Fiber, power, repair and support. And definitely debt servicing. Let's say there's a new residential block with 12 homes one mile away from another place with service from your network core If the ground is alright or there's poles, you deliver at 15 to 20k/mile to the demarc at the building. Spend 5k for a stub or 20k for a regular connection that allows for extensions like the one you just made. Then spend 750/home for connections+CPE. Maybe extra money for IP addresses if you don't do CGNAT. If you bill 50 a month and have no issues there you spend 7 years recovering your money before you make any profits. When you see this you'll know why Verizon removed it's CEO after he laid lots of fiber. These numbers are assuming there's full take-up. A single truck roll can wipe off two months of earnings from a user There's better shares to buy. Better businesses to invest in