Monday, November 17, 2014

“The most likely outcome is that regulators will freeze in place today’s business models, thereby slowing innovation and change.”

“The most likely outcome is that regulators will freeze in place today’s business models, thereby slowing innovation and change.”  Nick Gillespie with an excellent piece in Time on Obama's call for “net neutrality” and regulation of the Internet.  A bit more:
There are specific interests who are doing well by the current system and they want to maintain the status quo via government regulations. That’s understandable but the idea that the government will do a good job of regulating the Internet (whether by blanket decrees or on a case-by-case basis) is unconvincing, to say the least. The most likely outcome is that regulators will freeze in place today’s business models, thereby slowing innovation and change.

That’s never a good idea, especially in an area where new ways of bundling and delivering content are constantly being tried.
For a moment I found myself thinking that maybe our legislators were smart enough to see that regulating the Internet was a bad idea.  Then I woke up...

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