This just shows that you can't measure freedom of choice in dollars. Depending on who you ask, slavery was pretty good for the economy too.
Net Neutrality II (2014)
11–20 of 34 posts
Re: Net Neutrality II (2014)
#12While I'm not sure how meaningful this website is.. my guess is that a lot of people outside of the tech scene do not understand just how massive the change of net neutrality policies will be for everyone.
To think that more than a handful companies will make $$$ from abolishing NN is delusional. The monopolies will just cut you out from the market and you're on the other side of the fence - with no money but a lot of angry pro-NN folks around you.
Re: Net Neutrality II (2014)
#13A good economics analysis of NN http://streetwiseprofessor.com/?p=10750
Re: Net Neutrality II (2014)
#14Old study and bad title. Article published May 6th, 2014. The majority actually don't agree with the question of: "Considering both distributional effects and changes in efficiency, it is a good idea to let companies that send video or other content to consumers pay more to Internet service providers for the right to send that traffic using faster or higher quality service." The majority are found in the combined gro…
There is no strongly disagree, Do note.
Also I don’t think there has been any significant change in the underlying economics of it all, so the positions are still relevant.
Re: Net Neutrality II (2014)
#15Economists think that you should let markets set prices. shocking. What is strange is all these free market people in tech who only like free markets that don't apply to them.
When two willing parties are prevented from doing business, this is a market failure. Certain rules are required to maintain a free market, and "you can't pay to exclude competitors" probably tops the list.
Re: Net Neutrality II (2014)
#16Bad question.
The question asked was around 'Quality of Service' - this is not 'Net Neutrality'.
Providers probably should be allowed to sell differing levels of quality of service, but they should not be able to discriminate between content or customers.
Re: Net Neutrality II (2014)
#17Interesting, vertical price squeeze is mentioned a few times.
Comcast or others becoming a content provider. If one of them buys Netflix, other content providers will have difficulty to compete if they have to pay a lot for the high-speed lane.
Should an efficient market have regulations against vertical integration?
Re: Net Neutrality II (2014)
#18Economists think that you should let markets set prices. shocking. What is strange is all these free market people in tech who only like free markets that don't apply to them.
No, absolutely not.
In the ultimate 'free market' - your healthcare would be priced based on your earnings, and it would be ~90% of your after tax take home pay. Why? Because you'll pay.
There's good reason we generally don't allow price discrimination, or things like collusion, it's not rocket science.
If the Telcos could price discriminate willy nilly over the information that goes through their pipes - then 100% of the profits of the company you work for will disappear into their bank accounts.
Imagine if some private entity owned all of the roads - and the toll was based on your income?
You can't talk about 'free markets' in such a cavalier manner.
FYI - there is one issue with 'Quality of Service' - which completely confuses the question above. Telcos must be able to discriminate based on this - i.e. lower latency, higher bandwidth = more cost. But they should be banned from looking at the contents of the traffic, or billing based on source/destination.
Re: Net Neutrality II (2014)
#19Bunch of muppets with advanced expertise in what amounts to convex optimisation theory. What exactly qualifies them to weigh in on how the internet should be run?
Re: Net Neutrality II (2014)
#20While I'm not sure how meaningful this website is.. my guess is that a lot of people outside of the tech scene do not understand just how massive the change of net neutrality policies will be for everyone. To think that more than a handful companies will make $$$ from abolishing NN is delusional. The monopolies will just cut you out from the market and you're on the other side of the fence - with no money but a lot o…
There is nothing 'massive' about a rule that was implemented in 2015 and caused little change at the time it was implemented. In the previous 15 years without neutrality rules, there were a few instances of ISPs acting badly, but those were fairly quickly resolved. Source: https://stratechery.com/2017/pro-neutrality-anti-title-ii/