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by nitrogen
5435 days ago
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Ya know, I can't help feeling that this quote is apropos: "Everything is amazing, and nobody is happy." --Louis C.K. Whenever this point is raised, I always argue that human progress depends on the amazing becoming commonplace, luxuries becoming essentials, etc. If we were always walking around being bewildered by everything, we'd have no reason to improve. |
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My second point was to point out that there are real reasons why the assumptions made about what broadband "costs" aren't really relevant to what you "pay" for it.
Without putting too fine a point on it, CAPEX on equipment/fiber tend to be dwarfed by the OPEX of leasing and labor costs associated with running a telecomm business for profit. Somewhat distended depreciation schedules mandated by GAAP compound the problem of removing obsolete assets from production networks and replacing them with newer equipment.
BTW, pricing for "Internet" has been "metered" almost from the beginning of commercial availability. UUNET did 95th percentile pricing for almost all of its dedicated access customers because that was the best way to tie consumption patterns to bandwidth availability.
If bandwidth seems expensive now, it's only because you've been paying for it for a very, very short time.