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It's Now Clear None of the Supposed Benefits of Killing Net Neutrality Are Real
Network investment is down, layoffs abound, and networks are falling apart. This isn't the glorious future Ajit Pai promised.
In the months leading up to the FCC assault on net neutrality, big telecom and FCC boss Ajit Pai told anybody who'd listen that killing net neutrality would boost broadband industry investment, spark job creation, and drive broadband into underserved areas at an unprecedented rate.
As it turns out, none of those promises were actually true.
Despite the FCC voting to kill the popular consumer protections late last year, Comcast's latest earnings report indicates that the cable giant's capital expenditures (CAPEX) for 2018 actually decreased 3 percent. The revelation comes on the heels by similar statements by Verizon and Charter Spectrum that they'd also be seeing lower network investment numbers in 2018.
It's not expected to get any better in 2019. According to analysis this week by Wall Street research firm MoffettNathanson, capital spending among the nation's four biggest cable providers (Altice, Comcast, Charter Spectrum, CableONE) is expected to decline upwards of 5.8 percent this year.
(Score: 2, Interesting) by Anonymous Coward on Friday January 25 2019, @08:06PM (22 children)
Where you fuckers at? Most people on this site are pro NN, who were the fuckers defending Shit Pi's garbage about "free market" making the best solutions??
Khallow? You're the resident capitalist apologist, did you think removing NN would be good for users?
(Score: 5, Insightful) by Ethanol-fueled on Friday January 25 2019, @08:38PM (8 children)
Capitalism and Communism are both great ideas, and could be made to work in a perfect universe. Unfortunately, this isn't a perfect universe and as such I trust nothing, but one thing I can depend on is shitposting on Soylentnews. But what would we do if we could no longer do that? Sit under a tree and read a good book, or watch a nice sunset, or we could go back to the days of Plato and Socrates and sit on the steps of the Parthenon shitposting in real-life!
(Score: 0, Troll) by Anonymous Coward on Friday January 25 2019, @09:03PM (4 children)
Holding people accountable for their fuckups is shit posting now? Haha, party of personal responsibility my ass! Resident troll trolls again!
(Score: 1) by Ethanol-fueled on Friday January 25 2019, @09:16PM (3 children)
Socrates tried, and he was sentenced to death to drink Hemlock.
The rest of us try to hold those accountable, and in doing so we are sentenced to death having to watch Seinfeld.
(Score: 2) by ikanreed on Friday January 25 2019, @09:49PM (1 child)
I'm gonna level with you, regardless of whether he is the inventor of philosophy or a corrupter of youth, Socrates died because he insulted the jury at his own damn trial. How fucking dumb do you gotta be.
(Score: 0, Informative) by Anonymous Coward on Friday January 25 2019, @10:37PM
It is EF, he is not dumb just an edge lord with a few sycophants that make him feel important. I can't wait till we grow out of the edge lord phase of "humor". EF is like those comedians who tell dick/vag jokes over and over, maybe funny once then it is just lame. I'm not sure why people hold up EF as some kind of master troll, maybe these people are truly that broken?
(Score: 2) by RandomFactor on Saturday January 26 2019, @12:42AM
https://www.youtube.com/watch?v=deOsP5ipfr4 [youtube.com]
В «Правде» нет известий, в «Известиях» нет правды
(Score: 1) by fustakrakich on Friday January 25 2019, @11:09PM
we could go back to the days of Plato and Socrates and sit on the steps of the Parthenon shitposting in real-life!
Mmmm, hemlock...
La politica e i criminali sono la stessa cosa..
(Score: 0) by Anonymous Coward on Saturday January 26 2019, @04:24PM (1 child)
dude are you sober?
there are a few of you, this is the cool one. if you aren't sober, at least share the name of what you had so that we can try some.
(Score: 1) by Ethanol-fueled on Saturday January 26 2019, @05:18PM
Sure. It's called "Not having to deal with Mexicans for a few weeks." You should try some, really lifts the spirits.
(Score: 0) by Anonymous Coward on Friday January 25 2019, @08:42PM (1 child)
Much like capitalism itself, the internet is an anachronistic dumpster fire of naiveté and needless complexity that no amount of regulatory meddling can ever substantially improve. Remove NN, the fire rises.
Why contain it?
(Score: 1, Insightful) by Anonymous Coward on Friday January 25 2019, @09:09PM
If you're not being paid for pushing that narrative then you are a sucker.
(Score: -1, Flamebait) by Ethanol-fueled on Friday January 25 2019, @09:35PM (1 child)
Suck my dick, Jew Bastards. DIE!
(Score: 1) by Ethanol-fueled on Friday January 25 2019, @10:09PM
Google, Amazon. The rest of them, deep-state dogs all. Let them die like the dogs they are!
(Score: 4, Informative) by ikanreed on Friday January 25 2019, @09:47PM (2 children)
It's always frustrating demanding people who bullshitted you answer for their bullshit on the internet.
Because one of two things happen: they never show their face and pretend it didn't happen. Or you get pedantry about how they "never said that" or "well this particular resoundingly clear evidence of why I'm wrong doesn't satisfy completely arbitrary standard of truth 7b". Saying "I'm wrong" sucks balls, and no one likes to do it, but the kind of person you're trying to hold accountable now, extra doesn't want to do it.
(Score: -1, Troll) by Ethanol-fueled on Friday January 25 2019, @10:13PM
Suck my dick Alexa. Now you will know what is like to hear those whose sorrows you have ended.
(Score: 0, Offtopic) by Ethanol-fueled on Friday January 25 2019, @10:17PM
I am the Sorrow. Like you I too am filled with death. Sorrow brings death. Death brings sadness. The living, may not hear them. Their voices...may fall upon deaf ears. But Make no mistake.
Their voices are not silent.
(Score: 1, Informative) by Anonymous Coward on Friday January 25 2019, @11:05PM (3 children)
If it was so good, where is the bills being proposed for the past say 12 years making it into law? Why the pretzel of the existing law? Did it occur that it was a love letter to google from the Obama admin for the thank you of money?
This about money. Plain and simple. It is not even very hard to follow it.
I remember when the democrats proposed limiting data providers (yeah I do not have that wrong) and were backing Time Warner. Then watched as the money started flowing. The data providers started flooding the the DNC with cash and the ISPs the RNC. They basically traded positions and did not lose a beat.
Remember this whole mess was started by Ted Turner's organization in a bid to double gouge customers. You can follow who HE donates money to.
You are being played. The game of 'we vs they' is the ones who want to rip you off. They play you with a skill that you can not even fathom because you are too busy being pissed off. They count on that BTW.
(Score: 2) by realDonaldTrump on Saturday January 26 2019, @06:56AM (2 children)
Obama’s attack on the internet was another top down power grab. Net neutrality was the Fairness Doctrine. Targeting conservative media. We did, very proudly, the Repeal of that one. Now our internet Companies are spending much less money. While turning out a much better product. MAGA!!
(Score: 3, Funny) by Pslytely Psycho on Saturday January 26 2019, @02:02PM (1 child)
"Obama’s attack on the internet was another top down power grab. Net neutrality was the Fairness Doctrine. Targeting conservative media. We did, very proudly, the Repeal of that one. Now our internet Companies are spending much less money. While turning out a much better product. MAGA!!"
I thought you didn't do drugs?
Alex Jones lawyer inspires new TV series: CSI Moron Division.
(Score: 2) by Azuma Hazuki on Saturday January 26 2019, @09:16PM
He's been getting high on his own supply of butt hash. Happens when your head's permanently up your ass.
I am "that girl" your mother warned you about...
(Score: 0) by Anonymous Coward on Saturday January 26 2019, @01:29AM
NN is a losing proposition for ISPs. They are in business to make money, and infrastructure costs are huge. We have three options: business as usual, NN and nationalize the internet infrastructure, and design/implement new protocols and infrastructure that don't require centralized infrastructure. 3 is the best option for a lot of reasons, but would probably require opening up spectrum, and creating viable alternatives to DNS and TCP/IP, because the protocols themselves encourage centralization.
(Score: 0) by Anonymous Coward on Saturday January 26 2019, @02:11PM
If we actually had a free market in ISPs there wouldn't be a problem with or without network neutrality. Unfortunately, what we really have is a bunch of state-granted local monopolies or duopolies who have a customer base that can't escape except by moving house, which is bloody expensive. My area, for instance, I've got a total of two choices: AT&T and SuddenLink. Both offer crap speeds and service at high price, because there's no competition available due to local monopoly. About three blocks away, AT&T offers their high speed UVerse stuff at reasonable prices. Solely because Google was planning to expand their fiber offering to that area (different county, same physical plant on the telecom infrastructure).
So, for me, a Libertarian, I'd have been fine getting rid of network neutrality on the condition that the local monopolies got removed so there could be some, you know, actual competition, which is kind of a necessary component for capitalism to work. Right now, I'd say bring back the old Telecommunications Act of 1996 rules on line-sharing; that was when I had the best internet available.
On the plus side, SpaceX's Starlink plans are set to bypass all the local monopolies entirely. Can't wait to see just how disruptive that's going to be. Watch for the established players like AT&T and Comcast to pitch a lobbyist fit to prevent it.