For a Latino community that lost 2/3 of its net worth in the housing crisis, new paths to wealth and prosperity are sorely needed. The tech sector means the future of wealth building must include an expansion of minority tech entrepreneurship.
The Cantenna, with its overhyped "4G" service, is ostensibly "designed for use in rural and remote homes that can't get DSL or cable." Verizon has been rolling out Cantenna to rural areas so that they don't have to bother upgrading the wires.
Cable giants like Comcast and Time Warner have come to dominate information access in the United States. And they're using this new power to squeeze out competitors and remake new media in their old image.
Technology is not a panacea, only a means to an end. Increasing access to broadband and the Internet are an important first step, but we also need to find better ways of applying this technology to accelerate progress and prosperity for all.
In December delegates from China, Russia, Brazil, India and other nations will come together at a conference in Dubai to push to give the U.N.'s International Telecommunication Union more control over Internet operations.
If Americans believe the phone company hype -- and are seduced into believing that a slow and expensive wireless infrastructure is better than a fast wireline infrastructure -- the economic consequences could be grave.
Perhaps we have found a new metric by which to measure political power -- the cables that link nations to other nations and regions, the networks which allow their citizens to communicate with each other, and the round trip time for data to travel. It is the new Law of the Sea.
Competition in the U.S. broadband market is virtually nonexistent. That means that millions of Americans live without high-speed Internet access, and those who do have it experience slower speeds and higher prices than their European counterparts.
In the next weeks, we'll be fighting to protect the rights of communities to determine how they'll access information in the 21st century. We can't let corporations and their politician friends hijack our right to build better broadband.
Louis C.K.'s "fun little experiment" illustrates the threat to the cable business model. Cable has long been the gatekeeper to content -- Comcast decides what channels I can choose from. But right now on the Internet, I choose what content I can choose from.