"I haven't paid much attention to the NN arguments that have been going on, but I see the FFC has ruled on it today.
Could somebody give me the CliffsNotes version.
Good for us ? Bad for us?"
"Federal Government is going to treat the internet like a utility.
Do you remember when there was only one phone company.
Well that is what we are getting.
User will now have to get FCC permission do provide new products and get any charges approved by the FCC.
I am sure that in no time the internet will be a shell of its former self. Have you ever seen anything that the federal government has improved?
They are claiming the plan is to keep the net free and neutral when it is in fact a power grab by the Obama gang.
"If the government were to take control of the desert there would be a shortage of sand within tow years."
paraphrased quote from Milton Friedman"
"A few years back some companies played with speeds of sites. Quickly they realized the gov would begin to regulate them so they knocked it off and still since have been good out of that fear. A YouTube video scared people and drove to the fcc takeover, it was largely unneeded as abuses were checked. Europe has had it for years. If we follow what happened there the speed of Internet will eventually go down for all as the incentive to create higher speeds is lost through government intervention. Yes some of the other posters predictions can come in time but for now you will see little change."
I thought this was a pretty good synopsis of the situation. I guess it's all about one's opinion how much the government can or should regulate business.
No doubt, the Internet is big business today and I think we knew it was coming.
It's always a surprise when it happens, though.