[MP_1729]

All of them, without exception. Just recently, Sprint sold their fiber business for $1 lmfao. Or WorldCom. Or NetRail, Allied Riser, PSINet, FNSI, Firstmark, Carrier 1, UFO Group, Global Access, Aleron Broadband, Verio...

All fiber went bust because despite internet's huge increase in traffic, the amount of packets per fiber increased a handful of magnitudes.

[jameshart]

But you’re saying investing in multiplexing and compression was also dumb?

[MP_1729]

Nope, I'm not

[jameshart]

Then your overarching thesis is not very clear. Is it simply ‘don’t invest in hardware capital, software always makes it worthless’?

[MP_1729]

It's more like: don't invest $100B in capital when there's still orders of magnitude improvements in software to be made.