Billionaire entrepreneur and investor Mark Cuban explained pretty clearly what he thinks of the FCC’s plan to regulate the internet:
“That will fuck everything up,” Cuban said at the Code/Media conference on Wednesday in California, according to re/code. “Net neutrality is just a demonization of big companies.”
According to Cuban, there’s little evidence to support the claims that Internet service providers like Verizon, AT&T, Comcast, Time Warner Cable or others ever slowed service speeds to content creators like Netflix, Google YouTube, Amazon or others in order to force the companies into paying higher prices for acceptable service.
Such “paid prioritization” along with all-out content blocking would be banned under the new FCC proposal, which will classify ISPs as public utility “common carriers,” and regulate them in the fashion used to break up telephone monopolies at the dawn of the communication age.
No way! Government regulation always improves everything! Mark Cuban further disagreed by saying that the new rules “scare the sh*t” of him. Welcome to the ObamaNet!