So Mr. Pai says these “archaic rules from 70 years ago” are what is holding back investment. He points to statistics from the last couple years when Title II came into effect. But Title II didn’t change the rules, Title II put into regulation the net neutrality we’ve had since the internet arrived on the scene. So the argument that the Title II is the problem is complete fiction.
The argument reminds me of the one made by Bill Clinton in 1996, when he argued that because of the internet, we didn’t need those “archaic laws” against media power monopolies. Back in 1995 there were roughly 1500 small and medium sized media companies covering the US. Since Bill signed the Telecommunications Act of 1996 we’ve gone from 1500 to 6 companies now covering 90% of the US market.
If Mr. Pai gets his way, we can expect the same consolidation of ISPs and content providers, and I’m betting it won’t take 20 years this time.