Posted on 02/26/2015 11:01:27 AM PST by Nachum
Dallas Mavericks owner and investor Mark Cuban predicted that proposed FCC Internet regulations will end up impacting TV and “your TV as you know it is over” on Thursday’s “Squawk Alley” on CNBC.
Cuban began by predicting “the courts will rule the Internet for the next however many years.” He then explained, “let’s just take it all the way through its logical conclusion. All bits are bits, all bits are equal. If all bits are equal, then let’s look at what a stream bit is an example. So when Henry and I do an interview, and it’s streamed lived on the Internet, there’s a camera, it goes through an encoder, it sends it out via server or some manner to the Internet, you click on Business Insider and you watch the stream, right? Now, let’s look at CNBC on Comcast. There’s cameras right in front of you, they go through a switcher, they go through an encoder, it’s put through a server, it goes to Comcast, and it’s streamed in a managed service environment to television. It’s the exact same thing. And if it’s the exact same thing technologically and all bits are equal, then why shouldn’t CNBC and all TV networks that are delivered on cable, and Telco, and fiber like Verizon, why shouldn’t they be part of the open Internet as well? And if they are and all bits are equal, now, let’s take it one step further. It’s the purview of the FCC now. The FCC, right? So, the FCC now has to apply their same standards to content, don’t they, that they do to television content because that’s where it is and there’s going to be certain citizens who think ‘
(Excerpt) Read more at breitbart.com ...
Its truly amazing that posters rag on everything the government is involved with but have no problem whatsoever with government involvement in the internet now at an unprecedented level.
The same insanity has just happened with the healthcare system.
The marketplace WAS the one attempting to extort more money from companies like Netflix...in that post...that I shared with you earlier today...in another thread....where I already answered your statement.
Except Netflix wasn’t in the position to ask all of Comcast’s internet service to switch to AT&T.
I admire your blind faith in this administration.
You will soon see Obama and his FCC start giving “net neutrality” waivers to some of his best buddies (Soros), just like they did with Obamacare.
When the government is the gate keeper, they will pick the winners and losers. Enjoy your internet access while you still have it.
Are you a Communist?
Have you stopped beating your wife yet?
very true.
Fine with me if the ISPs want to charge more for higher bandwidth. Is there some principle that says they shouldn’t be able to do this? Or is it a social justice thing where it just sort of feels unfair. The fact is that allocating finite resources according to market mechanisms doesn’t always feel pleasant. But it’s a better way than having the government step in and do it with all the potential for unintended consequences, unseen opportunity costs, and future encroachment and abuse that that brings.
As for the ISPs versus the content providers, let them battle it out.
I admire that you assume markets are perfect.
I guess Ronald Reagan was wrong in breaking up Bell, right?
That too is an example of an inefficient market.
Couldn’t have said it better myself.
Because they don’t “charge more” for higher bandwidth. It has to come from somewhere.
Guess where it comes from.
From YOU unless you too pay an extra $20/month.
You’re likely right.
Similarly as is the case with Obamacare being decried by some democrats and Obola supporters, yet repeal isn’t happening.
Once the camel’s nose is under the tent, there’s no getting rid of a government program.
“Unseen opportunity costs...”
You say that like you think you know what it means.
Then I’ll pay the 20 bucks.
Now we’ll have to pay the 20 bucks any way to get wireless in da hood.
Yep, I do think I know what that means.
TV sucks.
Well don’t look now, Verizon just signed an agreement with AT&T and decided to expand to China.
Now you’re competing with a 1.4 billion people for bandwidth.
Markets are perfect, right?
No...you don’t.
That’s a good point. The government could easily start charging a tax just like with phone sevice, to make sure the universal human right of interwebs is enjoyed by all.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.