Today, Andrew Bolt posted a blurb highlighting that Kevin Rudd’s $43 billion high-speed broadband network wouldn’t see a return for investors for up to 20-30 years. So, especially being computer technology, what idiot would possibly invest in it?
And not just for that reason, either. The government website states that it will be a 100 Mbps network. Well, sorry folks, but those kinds of speeds are already way obsolete… let alone what they’ll be when I’m retired.
Take South Korea.
The Korea Communications Commission is working on plans that will boost broadband speeds in that country tenfold by the end of 2012. That means Koreans will access 1 Gbps service by 2012. That’s 200 times as fast as your typical 5 Mbps DSL connection sold in the U.S. At present, Koreans can get speeds of up to 100 Mbps [and that was in 2009 – bing] from their broadband providers. Availability of such high-speed connections has allowed Korea to emerge as a leader in the MMO and online gaming industries. Even higher broadband speeds are going to unveil many new usage scenarios, which can lead to new company creation.
That’s right. One gigabit per second is already here.
Kev’s broadband plan is a joke.
Let’s see, we have the $3.9 billion Pink Batts fiasco which burned many a home and even, sadly, took some lives. Then we have the (so far) $16.2 billion (revised up from $14.7 billion already) Building the Education Revolution farce, and now even that is dwawfed by Rudd’s wasting of $43 billion taxpayer dollars on technology that, even before it’s rolled out – which will take around a decade – is already obsolete by a factor of ten to one.
As if it couldn’t get any worse, we’ll also likely be seeing Rudd apply Internet filters. So even if Australia’s network had the potential to be as fast as South Korea’s, it wouldn’t be.
Nice going there, Kevin.
The Tizona Group 