Nilay Patel: ‘The Internet Is Fucked’

Great piece by Nilay Patel at The Verge:

American politicians love to stand on the edges of important problems by insisting that the market will find a solution. And that’s mostly right; we don’t need the government meddling in places where smart companies can create their own answers. But you can’t depend on the market to do anything when the market doesn’t exist. “We can either have competition, which would solve a lot of these problems, or we can have regulation,” says Aaron. “What Comcast is trying is to have neither.” It’s insanity, and we keep lying to ourselves about it. It’s time to start thinking about ways to actually do something.

Netflix paying Comcast is the canary in the coal mine.

★ Tuesday, 25 February 2014