Susan,
I must say, econ 101 is not something he is lacking, IMO, and in that light, I'd just note that ECON Phd's will disagree among themselves concerning such issues as you are concerned with.
On the one hand, recent figures show internet usage per user is down in in the US. On the other hand, it's still growing overseas. Then too, those with "broadband" connections even here in the US, use the internet much more than those without. So it seems to be the "build it and they will come" model we are looking at. And they are building it on out. I believe he spoke of the product they "will" sell, not that it was in inventory today. Frankly, if it all gets good and fast enough, I see no problem getting buyers. Time marches on.
But I'm about to receive access to cable internet bandwidth, and it's only going to be 256k(512k max if I want to pay more- I don't). This will be a big improvement that surely will make the net more palatable to many, but I think not enough to give me TV quality or better on-demand programming- the kind of thing that could kill TV as we know it, as he suggests will be the case.
Anyway, goodday,
Dan B. |