Proper fiber broadband is not a waste, but you need a little socialism to do it properly

By Chris Duckett – To overcome the lust of corporations to hit the next quarterly target by squeezing the very last dollar from aging assets and instead roll out more future-proof technologies, a little government encouragement is needed in the form of monetary incentives or legislation.

There is no point in running down the path of smart infrastructure and digital interactions with authorities if the rural section of the community is stuck on outmoded systems, and governments can also enforce another important aspect to dealing with broadband on a societal level: Universality.

Broadband is a paradoxical beast once baseline speeds in double digits are attained as the benefits it can provide to society become proportional to the difficulty in reaching them, and this inversely impacts profitability.

Consequently, users end up in a situation where those who need it most often have to go without, or live with poor connections because it doesn’t make economic sense to service them. Private companies will not willingly enter regional areas, because even if there is a very slim profit margin, it could take decades before the investment paid for itself. more> https://goo.gl/wZTkjB

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