Who Really Wants Broadband?

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By Douglas A. McIntyre Published
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The FCC has argued to Congress and the public that the US is well behind most of the rest of the civilized world in terms of its distribution of broadband and the speed of online connections.

The agency issued a 376 page proposal called the National Broadband plan and then its chairman Julius Genachowski went up to Capitol Hill to pitch and defend it. The FCC wants money for the program at a time when some members of Congress believe that the country has no money to spare

It is still not entirely clear what the programs to speed up broadband and make it universally available in the US will cost. It depends on whether “universal” means every man, woman, and child in remote areas like Wyoming and Alaska. It also depends on how fast the connection speeds are to reach these people and the rest of America.

The FCC wants at least 100 million households to have broadband by 2020. The connection speed to these home would be 100 megabits a second. Most cable and telecom broadband subscribers do not have connections anywhere near that fast.

The FCC listed a number of reasons that people do not have broadband. Many do not live where it is available. Others cannot afford it. The most interesting group is people who do not want it at all. They see no utility to the internet.

The last group raises the question of whether most Americans want a faster broadband connection, especially if it costs them money. While some people do not want broadband at all, it may be that many others don’t care about super fast connections. For the typical consumer, there may be no utility to a system which allows them to download high-definition films in a few minutes. Those consumers may just as will buy a high-definition DVD through NetFlix.

The federal government is forever spending money on things that its citizens do not want whether it is faster trains or faster broadband. It might be a good way to save money to ask people what they really need, a job or an internet connection.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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