The Internet Is Dead
You gotta love Mark Cuban, the founder of Broadcast.com and billionaire owner
of the Dallas Mavericks, where his temper and outspokenness have resulted in
over $1 million in fines (a drop in the bucket for someone worth $2.3 billion).
While Cuban made his billions from the Internet, he's not too excited about
what he sees in today's cyberspace. Cuban argues that the Internet "is
dead" and -- in a huge surprise to kids all over America -- that the 'Net
"is for old people."
Cuban loves to stir things up, but he makes some excellent points in a lengthy
interview with Portfolio magazine. His main concern is that broadband
speeds aren't increasing fast enough and aren't nearly snappy enough to support
revolutionary applications like quickly downloading high-quality movie files.
In a move I'll happily back, Cuban is calling for home connections to be 1GB
per second. Now, that's some serious downloading!
Posted by Doug Barney on 08/27/2007 at 1:15 PM