Well, that didn't take long. In fact, the new "Net Neutrality" rules (note the quotes) proposed by the FCC already have started stifling technology innovation and changing the Internet for the worse. And that's just from the proposal. But don't take my word for it. It's so bad that a huge number of large and small tech companies have come together to oppose them. (Feel free to register your opinion in an email to email@example.com.)
According to the MIT Technology Review, venture capitalists already have started reining in investment in a large swath of startup companies and innovations -- particularly those focused on video and those requiring low latency.
[ Also on InfoWorld: Thanks to Tom Wheeler, the end of the open Internet is nigh. | InfoWorld's Robert X. Cringely defends the FCC's Net neutrality approach. | Pick up expert networking how-to advice from InfoWorld's Networking Deep Dive PDF special report and Technology: Networking newsletter. ]
To quote from the MIT Technology Review story:
But if deep-pocketed players can pay for a faster, more reliable service, then small startups face a crushing disadvantage, says Brad Burnham, managing partner at Union Square Ventures, a VC firm based in New York City. "This is absolutely part of our calculus now," he says.
Burnham says his firm will now "stay away from" startups working on video and media businesses. It will also avoid investing in payment systems or in mobile wallets, which require ultrafast transaction times to make sense. "This is a bad scene for innovation in those areas," Burnham says of the FCC proposal.
So to make this point crystal-clear, the very notion that the FCC would make such an odious proposal to maintain an open Internet has had negative real-world ramifications.
The piece goes on to frame another view, in that some think the advances of the modern Internet are causing an onerous burden on the big ISPs: