-Ocelot- wrote:Mr Conservative wrote:I hope if you're so sure about how much extra it is going to cost people to use the internet you've gone out and invested in ISP stocks. For this massive boost in revenue their going to be raking in they sure aren't valued at what you'd expect. Sounds like you stand to make a killing.
This is not how it works. The average guy will still pay about the same, but they will have a much stricter or slower internet to access. It may not be obvious (e.g: Throttling competitors) but it will not be like the internet we have right now. Meanwhile, rich people will pay much, much more to access the real internet. This is how ISPs will make the extra revenue.
Give the ISPs enough time and they'll figure out how to cripple the net. This reform is still fresh but it was implemented for a reason.
They'll cripple the net because... they're bond villains? No, they'll adopt whatever pricing model they are allowed to do to maximize revenue less cost. And based on the results in the capital market - it doesn't look to me like many people outside a highly excitable group of young internet users is expecting them to be able to garner a whole lot of extra revenue (or less cost) from this change.
It won't be the "rich" that pay more for internet anyway. The "rich" are disproportionately over 50 who are less likely to be streaming and using the internet to its fullest anyway. My grandparents are much better off than I am after years of hard work - but if anything changes for them it will be that they're able to buy some sort of cheaper option to their internet. Because currently they pay the same rate I do every month and only use it to send emails (and they have a weather widget on their desktop that updates itself automatically). But they have to pay full price for the same internet service someone like me uses (a 20 year old that streams all the things and games online).
It will almost certainly be the people who use the internet for most of their entertainment that pay more (if anyone does) - people who just need to access informational text based sites aren't nearly as worried about speed. We could do that fairly quickly on stone-age dial up.




