09 November, 2006

1.2 Million Jobs / $500 Billion to the U.S. Economy

Michael J. Copps wrote a great article yesterday, America's Internet Disconnect, on the impact of not having broadband Internet access. Mr. Copps claims that some experts believe we could ..."add $500 billion to the U.S. economy and create 1.2 million jobs" with universal broadband adoption. In addition, we are being over charged by $8 billion.

Here is a few more facts... the government is supposed to have universal broadband in the U.S. by 2007, yet we are not even close. The U.S. ranks 15th in the world in broadband penetration, while Europeans and Asians are getting 25 to 100 megabits to their homes. Oh, but "the FCC still defines broadband as 200 kilobits per second."

Who knows, maybe we will see some changes with the recent election. CNet posted an article describing some of the possible benefits to technology with the control of the House and possibly the Senate going to Democrats. I would expect at a minimum that we finally get some support on Net Neutrality. The CNet article, What the Democrats' win means for tech, also discusses other issues including digital copyright and the AT&T/BellSouth merger approval.

Well I guess it is the government we are talking about, so I should not get too optimistic, but one can hope.

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