Interesting read with some interesting points, some make some sense, and I'm all for a fresh look. The article lost me on this quote:
"What we need to understand is that while ISPs aren’t currently regulated by the government, they are already severely regulated. Not by government. They are regulated by YOU. You are their customer. You are the boss. You hold the checkbook. ISP companies are regulated by profits. That’s right, profit is the regulator. Like every company that is in business for profit, they have to answer to their customers. All successful businesses are constantly sniffing; trying to figure out what customers want. Profit makes them care about you. Customers will only voluntarily hand over money if it’s worth it. Right now we have de-facto Net Neutrality, because that’s what you want. That’s what we all want."
This is the same worn-out saying around "the invisible hand" and "competition will force ISPs to keep net neutrality"
Well, it's not like they never tried... there rules are there for a reason.
I mean, maybe it will work, but if all ISPs start offering "internet fast lanes" and "social package" (and it's not like companies didn't collude before) then the invisible hand will be infeasible.
"What we need to understand is that while ISPs aren’t currently regulated by the government, they are already severely regulated. Not by government. They are regulated by YOU. You are their customer. You are the boss. You hold the checkbook. ISP companies are regulated by profits. That’s right, profit is the regulator. Like every company that is in business for profit, they have to answer to their customers. All successful businesses are constantly sniffing; trying to figure out what customers want. Profit makes them care about you. Customers will only voluntarily hand over money if it’s worth it. Right now we have de-facto Net Neutrality, because that’s what you want. That’s what we all want."
This is the same worn-out saying around "the invisible hand" and "competition will force ISPs to keep net neutrality"
Well, it's not like they never tried... there rules are there for a reason.
I mean, maybe it will work, but if all ISPs start offering "internet fast lanes" and "social package" (and it's not like companies didn't collude before) then the invisible hand will be infeasible.