The Coming Internet Video Crash

snydeq writes "First, it was data caps on cellular, and now caps on wired broadband — welcome to the end of the rich Internet, writes Galen Gruman. 'People are still getting used to the notion that unlimited data plans are dead and gone for their smartphones. The option wasn't even offered for tablets. Now, we're beginning to see the eradication of the unlimited data plan in our broadband lines, such as cable and DSL connections. It's a dangerous trend that will threaten the budding Internet-based video business — whether from Netflix, Hulu, iTunes, Windows Store, or Google Play — then jeopardize Internet services of all sorts. It's a complex issue, and though the villains are obvious — the telecom carriers and cable providers — the solutions are not. The result will be a metered Internet that discourages use of the services so valuable for work and play.'"

Comments

Re:Yes

[roman_mir]

The Bells got into telephony early, and dominated.

- only thanks to the government giving them a monopoly and killing off 3000 viable competitors in the process. Yeah, not AT&T, it was the government that created that monopoly. There are no monopolies without government intervention. Without gov't any sufficiently large business is just an economy of scale moving closer towards its own collapse because of its own weight.