In the press there have been articles about Nintendo’s great failure. Hope of turning the WiiU into a money-making juggernaut like that of the Wii is now buried. Talk amongst soothsayers of the gaming industry is Nintendo should just abandon the hardware market and convert to a solely third-party software development house, becoming the next game studio catering to smartphones, tablets, and development on rival consoles. However the rumors of Nintendo’s financial demise is greatly exaggerated.
This could be death to an all bits are equal internet, or as it is commonly called Network Neutrality. The newly anointed Federal Communications Commission Chairman Tom Wheeler; a former lobbyist for the cable and wireless industries, announced this week that it would be OK for Internet service providers to charge Netflix and other companies for a faster lane to consumers.
There is an interesting thing about having a legitimate 3rd party hard-line / cabled internet service provider, like back when DSL internet had at least 20 different options to choose from. It forces dramatic price and service competition and incentive to innovate faster and better services. With Google joining into the fray of the typically two-party ISP wired provider market of today, Google would seem just happy knowing it would break even or make only a tiny fraction of profit from its fiber internet, tv, and phone service. The goal of Google is not to make Google fiber a major profit wing it would seem from all account from their people. Yes it will provide you with internet access hundreds of times faster at a fraction of the rate other telecom provider are charging. But that leaves many supply side capitalists asking, “why?” Continue reading