Guys, I'm sure we all love the principle of super fast broadband...
However, this is the most complete analysis I've seen on the economic benefits (or lack thereof) http://charleskenny.blogs.com/weblog/2010/11/superfast-is-it-really-worth-a-subsidy.html M On Dec 25, 5:11 am, Andrew Dever <andrew.de...@gmail.com> wrote: > I'm glad this discussion has been brought up in this community. > > At the time NBN was first mentioned the cost was quoted at ~$39B, and > google had ~$30B in cash. > > The IIF & IIFF, that help VC's invest in the AU space is ~$192M over 4 > years. And they have to match it dollar for dollar and work hard to > get it. > > Please pull me up if my figures are wrong. > > Further, as far as I know there's not been any explicit discussion > about investment in education around how to turn 'fast' internet into > economic/cultural benefit for AU. > > Nor any explicit discussion or investment in making sure we have > infrastructure bringing bandwidth into the country (as far as I > knowhttp://www.vocus.com.aulaid the 3rd cable in). > > My point is, fast internet anywhere only matters if we a) have > capacity and willingness to invest and b) have the ability to teach > old and new how to turn that connection into cultural/economic > benefit, and that is what the debate should be about. > > This year Obama met with Eric Schmidt, Steve Jobs and ~20 other US > tech CEO's. Julia/the AU govt. should be engaging with Atlassian etc. > especially before they spend that much on infrastructure they don't > completely understand. -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://groups.google.com/group/silicon-beach-australia/msg/351e183e1303508d?hl=en%3Fhl%3Den No lurkers! It is expected that you introduce yourself. To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
