|Jim, re: Blundell's article, which you read and commented on upstream (the uplinked post), I thought you'd be interested in reading some commentary from the Cook Report list. The following comes from Bob Frankston, who has given his permission to repost it here:|
I don't know anything about the IEA but looking at www.iea.org.uk
< iea.org.uk > it may be John Blundell by himself. I agree with
at least some of what it says but am cautious about extrapolating too far.
At least it's not calling for the kind of blind deregulation I've seen from
well-meaning think-free tanks here. "free" meaning without thought beyond
That said, I see this as part of a larger trend and, if anything, I'm
becoming more convinced that the carriers will be gone within two years.
I've had a number of conversations in the last few days. Most were
discouraging with people who were amazingly clueless despite their
technical savvy but I find it increasingly easy to answer the hard question
of "where's the money".
The ABC/NBC announcements represent a fundamental shift in the balance of
power and, as this article shows, there is an increasing perception that
the regulatory regimen is not just flawed but a completely and utter scam.
That's not the majority view yet but the din of net neutrality is a sign of
growing hostility towards the carriers. Again, the majority is still
completely enthralled at the baubles from the cellular companies - it's as
if John D Rockefeller were throwing out dimes and he really came across as
the source of wealth for the masses.
The carriers have no possible strategy for ever making money without
holding the economies hostage in a way that would make Bernie Ebbers and
the Enron cabal far more embarrassed than they are now.
What is missing is an alternative model but the Business Times article may
be a sign of awareness that there is an answer.
A doomed industry without an alternative is kept alive even if it costs us
A doomed industry with an alternative that is no worse and may be far far
better is going to meet a swift and sure end.
In the near term there is value in helping people see what is already
obvious. Longer term I am thinking about protocols and the post-carrier
What I don't plan to do is participate in discussions about which buggy
whips are appropriate for controlling the flow of fuel through the
carburetor according to the regulations that govern such things. OK, I'll
probably do a little slumming but such discussions have about as much
technical significance as the fine points of distinguishing between
low-brow and high-brow diagnoses in phrenology. Alas, they still have
political significance and better to cite them for foolishness than give