Bengalsfan said:
You guys are really short sighted. Do you honestly think that the wireless companies are not working to increase their speeds?
Exactly WIRELESS and there is just so much spectrum and that is it. The future of high speed Internet must be in wire.
Mobile phones were initially a businessperson's luxury. Then prices dropped remarkably in the late '90s and more people began seeing them as affordable add-ons. And once reception and rates dropped to reasonable levels, folks began cutting their landline cords.
If you read the article they base it on that quote.
The problem is there were many companies at first. Now we're limited to two or three in an area with good coverage.
Without competition the rates won't fall, unless regulated.
If you ran a fiber cable in a city and let anyone use it who wanted to provide Internet, phone or TV the prices would tank. Because of free market competition.
Remember the key is FREE MARKET.
People confuse this. For instance, TV and radio are not free markets. A free market is when anyone with enough capital can join in. TV and radio are limited by spectrum. So they are not free markets. Most cities award cable franchises which limit competition.
We are rapidly going back to the days of pay as you go. Remember AOL when it first came out and you paid for every minute you were online. And does anyone recall when you downloaded webpages to "read offline" so not to waste your minutes.
I still get people asking me "What does 'work offline' mean?"
Who needs Google's super fast Internet if you are capped. Yeah you can max out your month in two hours. (Note: Google has not set caps, as of yet, at least).
Very few services will be doomed. Yes, the telegraph is dead, the OTA subscription TV model is dead, but there the exception. Usually the industry finds a way to adapt. Railroads now work WITH trucking companies. Radio moved from scripted programs to music. Then AM moved from music to news/talk/sports.
Go to any 40s newspaper and you read the "death of radio." Then it was the "death of AM." No it wasn't. Because radio adapted.
You may not like the way it adapted but it survived.