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Saturday, 2 April 2011
Report: ?Peak Bandwidth? Threatens Global Economy Unless Decisive Action Taken
Sometimes humor is the best mechanism to explain an opaque topic. Public Knowledge, a group that concerns itself with defending consumer rights in ?the emerging digital culture,? has released a report today entitled ?Peak Bandwidth.? Keep in mind today's date, is all I have to say. The report says that the ?era of plentiful, low-cost bandwidth is approaching an end. The supply of bits, the raw material of our information economy, is rapidly dwindling? unless mitigation is orchestrated on a timely basis, the economic damage to the world economy will be dire and long-lasting.? You hear that, we're running out of bits!
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