Democracy & Technology Blog George Gilder Podcast on Net Neutrality
George Gilder makes the following observations about net neutrality in a podcast interview with Scott Cleland at NetCompetition.org, a subsidiary of Precursor.
“Net Neutrality is just another layer of lawyers. It’s nothing else.”
“We’ve tried regulation, and it didn’t work.”
“There will not be an adequate broadband economy in the United States if this current regulatory approach continues. Its not the regional Bells who decide [investment in broadband networks]. Its Wall Street who decides []. Wall Street will decide whether they’re willing to support the stocks of the regional Bells as they make these risky and far-reaching investments of scores of billions of dollars in deploying fiber to homes and neighborhoods. If Wall Street says no, they won’t be able to do it; it doesn’t matter whether Google says “yes” and Microsoft says “yes” and eBay claps its hands — it won’t happen if conditions are created where these investments won’t yield a profit.”
Click here to listen to the full podcast.