To be honest I think that paper starts on a flawed premise:

"A decade ago telcos wasted billions
of shareholders’ money on telecoms infrastructure that was well ahead of
its
time – governments are now in danger of doing the same with taxpayers’
money."

We've had this argument thrown up by Malcolm Turbull as well, that the
expenditure of the late 90's in building capacity was a waste of money
because it  lacked short term gain potential. Only a decade later we are
hitting the limits of that capacity build (having had very little build in
the intervening years until recently).

The Just In Time model for physical capacity building doesn't work, I don't
know if everyone here on the list has seen what happens to a data rack when
it grows "organically" but I sure as hell don't want to have our telecomms
networks resemble one. Govts have advantages over business when it comes to
infrastructure building, the ability to look beyond the next quarterly
report.

With regards to the 12Mb/s minimum, right now the minimum account you can
get is still 256/64. This means that even the slowest account will be able
to access a huge range of new services. 12Mb/s is enough for an SD stream,
voice channel and browsing. Thats media, phone and internet to everyone in
the country.

In terms of new services, this is a list for tech entrepenuers yes? Whether
we agree with it or not, the NBN is going to be rolling out (and there is
going to  be a tipping point where it becomes more expensive for the Govt to
close it down than keep rolling it out). The people who get in on the ground
floor and offer new and innovative services and content are going to be the
ones who win in the end.

Speaking of content, I'm struggling to understand why the concept of the NBN
being a media distribution network is actually a bad thing. People are
shifting away from the broadcast model to "when I want to consume" instead.
Content producers who can take advantage of that to cut out the middle men
in the broadcast networks are going to gain a huge amount of control over
their product. If the old players don't move fast enough they're going to
find themselves left far behind.

Anyway that's my 2 cents worth, I'm sure there are people that disagree with
me. But for me, I'm going to run with the idea that the NBN is going to be
built and that it's going to offer a whole new vista of market
opportunities.

James


On Sun, Dec 26, 2010 at 10:28 AM, Matthew Griffiths <
matthew.griffi...@mail.com> wrote:

> 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.
>
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