Monday, May 6, 2013

Why Your Internet is Soooooooooo Slow

Average U.S. Internet speeds rank 12th or 13th in the world, which is pathetic for the country that invented the Internet and contains Silicon Valley.

And by the way, other countries are pulling away. A Sony-backed service recently announced 2Gbps download speeds in Tokyo for $51 per-month, that's twice as fast as Google Fiber and 200 times faster than the U.S. average.

But if you lay fiber to every home in a city, the average cost comes way down and if a majority of homes sign up to use it. It's called economies of scale, and if we want to exploit it, we're going to have to bet a little more heavily on our own future by laying some fiber.