from The Silicon Graybeard – in part
While the problem is less-severe for “landline” (e.g. Cable, FIOS, etc) customers it is by no means not present. If you have a 50Mbps connection from Comcast, for example, you could consume 375 Megabytes per minute. That works out to 22.5Gb/hour roughly 16.2 Terabytes per month.
Again, Comcast cannot engineer for that while charging you $50/month. Can you buy such service? Sure! I used to buy service of similar quality as an ISP all the time — a 44.7Mbps (each direction) DS-3 “clear channel” line for which I actually paid to move that full amount of data all the time.
But while it’s gotten much cheaper than the five-digit price tag per month I paid at that time for such capacity it sure as hell isn’t $50/month even today.
There was a lot of sentiment from young tech heads that they were being screwed because their ISP was wanting to charge extra for Netflix or other streaming services. Net Neutrality, at its root, says “all bits are equal” and they can’t charge you more for one service’s bits. But they can charge you what it costs them to provide those bits and they can meter how many bits you use. Simply, they’re going to have to charge what it costs them or go out of business, and if they don’t charge enough, they can’t get enough money to build out infrastructure for the Next Big Thing (Netflix 4K?). By the looks of it, we’ll all be having metered internet services in the next few years.
Go read the rest of the piece at Market Ticker. Let it sink in.
By hook or by crook, it appears this is headed our way. Because the industry says so…