FCC Chair Julius Genachowski on the Future High-Speed Internet

More

Julius Genachowski, Chairman of the Federal Communications Commission, speaks to Judy Woodruff on how a broadband strategy for universal high-speed Internet will create jobs. Follow live tweets @dkthomp.

9:40: Genachoski makes a scary point. The U.S. is 6th out of 40 countries in access to high-speed Internet. But we're 40th out of 40 in the speed of our improvement. We should be the first country in the world to move from paper to electronic textbooks, he continues.

9:25: What the heck is net neutrality, anyway? Genachowski tries to answer the question. I'm paraphrasing from here on out... It's about preserving the freedom of the Internet. Right now, any innovator or speaker can use the Internet to reach anybody in the audience and anybody can access anything on the Internet. Recently, the FCC has tried to preserve that. The demand of spectrum from phones and iPads is outpacing the supply of spectrum. So we need to expand our capacity for information to reduce congestion and keep the Internet open.

9:15
Without high speed broadband infrastructure, you'll have smaller job creation. Most small businesses have local markets, but we can reach any consumer in the world with high speed internet. That's higher revenue. Access from high speed Internet also helps cut down costs by storing information and organizing it in the cloud. That's lower spending that firms can put to workers.

Jump to comments
Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

Get Today's Top Stories in Your Inbox (preview)

Juice Cleanses: The Worst Diet

A doctor tries the ever-popular Master Cleanse. Sort of.


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Juice Cleanses: The Worst Diet

A doctor tries the ever-popular Master Cleanse. Sort of.

Video

Why Did I Study Physics?

Using hand-drawn cartoons to explain an academic passion

Video

What If Emoji Lived Among Us?

A whimsical ad imagines what life would be like if emoji were real.

Video

Living Alone on a Sailboat

"If you think I'm a dirtbag, then you don't understand the lifestyle."

Feature

The Future of Iced Coffee

Are artisan businesses like Blue Bottle doomed to fail when they go mainstream?

Writers

Up
Down

More in Business

Just In