Internet would become the most expensive commodity in the world. - page 5.

Broly46

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Quote from: mu_enrico on April 07, 2020, 01:55:35 PM

A commodity must be limited (or scarce) to become more expensive. Meanwhile, if you want to limit the bandwidth, you must use all resources, so no more new fiber optics, towers, switch and routing, etc., constructed.

The internet is like the car's speed; the only thing holding it back is the human's imagination.

Internet parabolic growth would come to an end, it’s not infinite, internet can’t be faster than light.

Betwrong

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Quote from: Bezobraznike on April 07, 2020, 06:57:59 AM

Quote from: Cratoon on April 07, 2020, 06:07:46 AM

The internet is nothing special really, just a network. If we will end up in some sick cyberpunk future where the internet will cost a lot for some reason -- people will just use thier own networks via long-range wifi bridges.

There will be an alternative. Cratoon thanks for pointing that out. I didn't think about this matter, I thought internet will be
cheaper and faster, it's the trend in last 15 years, the time I using the internet and paying for that.
This is one of the reasons why we need decentralized organizations, decentralized world. Why we need to be slaves to
someone who wish to earn from us, when we can take care of each other. Equality above all!

The Internet will become cheaper and faster, centralized or not. There's always a competition between major search engines and Internet providers. People will switch to your competitor if you'll go nuts with fees, ads etc., so it's better to keep the fees and ads at low. Every businessman knows it, so we have nothing to worry about.

Even today I keep using Yahoo! search engine from time to time, because they don't block sites that stream new movies in my area. And this option is impossible to eliminate, so the giants will be doing what suits for the most of us, or they will go bankrupt otherwise.

Latviand

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Quote from: jossiel on March 30, 2020, 03:31:43 AM

Internet is already part of our lives and there's a huge business that lies in it. Imagine a two decades ago or more, people thought of the internet as something crazy technology that we don't even think how it will touch everyone's lives.

We are in a reality where technology is really advancing from time to time and most of the things digitally ran by an internet. Internet makes our life easier when we work, study, make research and etc., it has many uses and the information that we can get there is unlimited. It also connects us using our social media accounts, it is amazing how people make this kind of innovation and discoveries. The information and contents that are enclosed in internet is very reliable and informative to people who really needs that information.

Quote from: jossiel on March 30, 2020, 03:31:43 AM

Up to the point that it became a need for every business, enterprise, and household. We may get some free data but I doubt it that we'll get free internet access. Businessmen understand the trends and that's how they make money from things that we need and use despite regulations or laws that will be passed to give us free access.

If it becomes a business, it will be the most expensive because we can't live without an internet, like what I've said, it make things easier. It helped a lot of people, it manipulates people because it is so powerful that no one can imagine. There is also money in the internet, Youtubers get money from youtube and Youtube is enabled by the use of internet. Even our cellphones need to be connected to the internet in order to have an access to our accounts in social media. It is surely required in any business, communications and connections are important in a certain business to easily approach other people. Some enterprises are easily manipulated by an internet and that's the advantage of internet in some businessman.

bearexin

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Recently, social platforms like Tiktok and Triller has been what’s trending. Anytime I login to Instagram what I see is just videos of people dancing on Tiktok or Triller and uploading it to their Instagram page. And when I try to use the social media platforms I notice that they are consume data so much. I have stayed away from them and don’t want to be using them much.

I spend most of my time sleeping everyday lol, or watching some CDs I have purchased and downloaded in the past. The network providers in my country have not reduced the rate we pay for data, despite the current situation. Really bad Shocked

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mu_enrico

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A commodity must be limited (or scarce) to become more expensive. Meanwhile, if you want to limit the bandwidth, you must use all resources, so no more new fiber optics, towers, switch and routing, etc., constructed.

The internet is like the car's speed; the only thing holding it back is the human's imagination.

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Quote from: Kasabus on April 07, 2020, 08:52:57 AM

Quote from: Monteja on April 06, 2020, 05:15:55 PM

I fully admit that the Internet will become more expensive in the near future. But to be honest, I’m not afraid of this, since the Internet is a very good tool for studying information from various fields. This is one of the few places where you can openly convey the truth to people.

This is really the reality for now. Internet has become very in demand since all works today are already controlled by the internet, and without internet connection, those works will not be totally done. So we should not be surprised if one day internet would become the most expensive commodity because everybody is relying on it for our own business and personal transactions.

the longer the internet becomes a basic need of every human being, where by using the internet they can simplify their work. especially now that there are many job opportunities that use basic internet. especially for the coming year, of course there will be more and more jobs

Kasabus

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Quote from: Monteja on April 06, 2020, 05:15:55 PM

I fully admit that the Internet will become more expensive in the near future. But to be honest, I’m not afraid of this, since the Internet is a very good tool for studying information from various fields. This is one of the few places where you can openly convey the truth to people.

This is really the reality for now. Internet has become very in demand since all works today are already controlled by the internet, and without internet connection, those works will not be totally done. So we should not be surprised if one day internet would become the most expensive commodity because everybody is relying on it for our own business and personal transactions.

Bezobraznike

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Quote from: Cratoon on April 07, 2020, 06:07:46 AM

The internet is nothing special really, just a network. If we will end up in some sick cyberpunk future where the internet will cost a lot for some reason -- people will just use thier own networks via long-range wifi bridges.

There will be an alternative. Cratoon thanks for pointing that out. I didn't think about this matter, I thought internet will be
cheaper and faster, it's the trend in last 15 years, the time I using the internet and paying for that.
This is one of the reasons why we need decentralized organizations, decentralized world. Why we need to be slaves to
someone who wish to earn from us, when we can take care of each other. Equality above all!

Cratoon

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The internet is nothing special really, just a network. If we will end up in some sick cyberpunk future where the internet will cost a lot for some reason -- people will just use thier own networks via long-range wifi bridges.

Betwrong

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Quote from: Broly46 on April 04, 2020, 07:53:41 AM

Quote from: TheGreatPython on April 04, 2020, 05:10:17 AM

Internet companies are the ones that are really going to benefit at this time because everyone is at home and most people are spending their time on TikTok, Triller, and Instagram and other social platforms. Whenever I open my Instagram I'm always seeing Triller and TikTok videos, like so many of them everyday. That shows that a lot of people are bored and they are looking for ways that they can keep themselves busy and not get bored.

Another set of people are the internet/network providers, they are other companies that are going to profit, but I'm hoping that they cut their charges and make things easy for people.

They will definitely benefit a lot, the underlying cost of internet itself is negligible, it’s lower cost than water pipe network, railway network, and yes we don’t argue with the initial cost invested into developing 5G, or even the previous 4G, 3G too incurred high RnD cost, by now internet company are ripping profit from their investment, it wouldn’t take very long for them to become most valuable company, and little doubt about internet become a commodity that’s cost an arm and a leg.

I think you are wrong regarding how much the Internet will cost to us, regular people. As others pointed out in this thread, technologies are evolving, and the price of advanced devices becomes lower, not higher, with time. That's a fact.

I for one, think that Google search will become not free one day, but it doesn't mean it will become expensive for regular users. Let me explain. There are 3.5 billion google searches per day currently. If everyone of us was paying $0.00001 per search, it would be amounting to $0.01 per day, max, pretty affordable, while for Google it would be a good profit, namely, $35,000. But it doesn't matter how much Google makes. What matters how much we pay for the service.

I personally don't mind Google employees were getting good salaries for their job. Do you?

Broly46

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Quote from: bitgolden on April 05, 2020, 06:13:21 AM

Internet has always been the most valuable commodity in the world, it will continue to be so because it allows us to connect with each other all around the world. But lets not forget that all other things you are paying for every month is also equally important and also even provides for your internet as well in some cases.

Electricity, water, gas, phones, these are all important stuff that you have to keep paying for, without water you can't take a shower or to go bathroom, without gas you can't get hotter and during winters it might result with some people dying, without phones you will not be able to check whatsapp every five minutes to see if there is a new message (okay maybe I might be too harsh on phones). So, yes internet is very important and maybe more than some others but others are also very important as well.

I didn’t check WhatsApp every five minutes. Everyday I wake up at morning, and looking at the dire world that we lived on, and sip a little water, and a little grub food, and fall into sleep again, that’s what a time to be living, wake up and go back to sleep, I think it’s best to integrate sleep bed, pc and toilet into one unit, so we can’t be separated.

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Without the web we might not be ready to do anything. In today's world of technology without Internet access may be a major obstacle Not only does it openly convey information but we will easily find everything within the world reception where it's happening. within the future the web will improve and become costlier.

Monteja

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I fully admit that the Internet will become more expensive in the near future. But to be honest, I’m not afraid of this, since the Internet is a very good tool for studying information from various fields. This is one of the few places where you can openly convey the truth to people.

fiulpro

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Internet is a necessary evil and I do think it astounds me that people are now more connected than ever what is more apparent is their need of internet which is quite similar to their need of oxygen.
You wake up in the morning and without internet , you are going to have a panic attack. I think it is something that people values a lot and they would for sure prevent a senario of the kind you elaborated to be in existence. People would live without food for a day if you give them internet, trust me . I do not think anyone is going to let that happen.

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Quote from: Saisher on April 05, 2020, 07:33:02 AM

In our country it is expensive I don't mind the cost but i don't like the internet provider in my country limiting our bandwidth I got a higher plan with 25 MBPS but I am only getting 1 MBPS most of the time, these providers are abusing their customers they will give you higher bandwidth if you are a new client but as later on they will reduce your bandwidth.

Well, it's no surprise to see in some country, the internet cost still expensive. That is because, in that country, the infrastructure for a high-speed internet connection not already built, and they still depend on the old infrastructure. If they want to upgrade the hardware, that means it will cost much money for them, and besides that, I think they have another important thing that they need to do for their country. But I am sure that if they are ready with the money that needed to build the new infrastructure, they will get that, and people will have a high-speed internet connection.

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In our country it is expensive I don't mind the cost but i don't like the internet provider in my country limiting our bandwidth I got a higher plan with 25 MBPS but I am only getting 1 MBPS most of the time, these providers are abusing their customers they will give you higher bandwidth if you are a new client but as later on they will reduce your bandwidth.

bitgolden

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Internet has always been the most valuable commodity in the world, it will continue to be so because it allows us to connect with each other all around the world. But lets not forget that all other things you are paying for every month is also equally important and also even provides for your internet as well in some cases.

Electricity, water, gas, phones, these are all important stuff that you have to keep paying for, without water you can't take a shower or to go bathroom, without gas you can't get hotter and during winters it might result with some people dying, without phones you will not be able to check whatsapp every five minutes to see if there is a new message (okay maybe I might be too harsh on phones). So, yes internet is very important and maybe more than some others but others are also very important as well.

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Quote from: zabizana on March 29, 2020, 10:22:02 AM

Quote from: Broly46 on March 29, 2020, 09:55:40 AM

Quote from: zabizana on March 29, 2020, 09:45:10 AM

~ snip ~

That’s lame if you judge it based on stock market paper market value, why not calling bitcoin the most valuable since it’s once crossing trillions dollar benchmark in term of market cap.

Yes, to be honest that is lousy, I am hesitant to say that BTC is the most valuable "commodity", even though I believe that BTC is (supposedly) the most valuable.

But, we return to the fact that BTC has not yet reached the entire world community. Besides, the world community generally considers the "stability" as a benchmark for determining the value of a commodity. Besides that the general public still has superficial thoughts about BTC even though BTC "it’s once crossing trillions dollar benchmark in term of market cap" as you said.

We can't deny it that we can't live without internet because most of the things in this world are operated by the internet. That's why we are connected as one in social media, that's one of the function of the internet today. It will probably the most expensive commodity around the world because the only thing that varies in internet are those internet providers. That's the reason we have different kind of internet speed in mbps, it is based on the amount that we registered. In contrast to BTC, it is enough and its price is certainly volatile compared to the price of internet when it become a commodity because of their importance in the community. Many can hold or store BTC in their account but some people can only become an internet provider and run an internet in their businesses.

Broly46

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Quote from: TheGreatPython on April 04, 2020, 05:10:17 AM

Internet companies are the ones that are really going to benefit at this time because everyone is at home and most people are spending their time on TikTok, Triller, and Instagram and other social platforms. Whenever I open my Instagram I'm always seeing Triller and TikTok videos, like so many of them everyday. That shows that a lot of people are bored and they are looking for ways that they can keep themselves busy and not get bored.

Another set of people are the internet/network providers, they are other companies that are going to profit, but I'm hoping that they cut their charges and make things easy for people.

They will definitely benefit a lot, the underlying cost of internet itself is negligible, it’s lower cost than water pipe network, railway network, and yes we don’t argue with the initial cost invested into developing 5G, or even the previous 4G, 3G too incurred high RnD cost, by now internet company are ripping profit from their investment, it wouldn’t take very long for them to become most valuable company, and little doubt about internet become a commodity that’s cost an arm and a leg.

Broly46

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Quote from: Meowth05 on April 04, 2020, 04:04:04 AM

I don't think that it will become more expensive, maybe electricity will surge higher because we are losing more and more fuels so the lesser the fuel then the more expensive the electricity will be, next thing would be gas, I think most of the basic necessities will surge in the near future.

I believe in Mark Zuckerberg insight: “internet was like food and water”. They’re all necessity items, and all necessity items are expensive, you will need regulation to control the price or the high demand will drive the price up to the sky.

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