Tuesday’s FCC ruling on net neutrality shifts billions in profits and boils down to one fact: There will soon be a fast Internet for the rich and a slow Internet for the poor.
The Federal Communications Commission approved a set of net neutrality rules Tuesday, and nobody is happy. While liberals claim the FCC has caved to pressure from carriers, right-wingers are calling the new rules a government takeover of the Internet. In their tea-addled brains, the new rules represent yet another example of creeping socialism taking over every aspect of our lives. FCC Chairman Julius Genachowski is "Julius Seizure." Cue the black helicopters.
No matter what you think about the new rules, however, they signal an important turning point in the development of the Internet. We are going from Phase One, where everything is free and open and untamed, into Phase Two, which is all about centralization, consolidation, control—and money.
Read full article here:
http://www.thedailybeast.com/blogs-and-stories/2010-12-21/net-neutrality-ruling-the-fcc-splits-the-internet-in-two/?cid=hp:mainpromo1
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