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April 1, 2011 07:08 pm GMT

Report: "~Peak Bandwidth' Threatens Global Economy Unless Decisive Action Taken

Sometimes humor is the best mechanism to explain an opaque topic. Public Knowledge, a group that concerns itself with defending consumer rights in "the emerging digital culture," has released a report today entitled "Peak Bandwidth." Keep in mind today's date, is all I have to say. The report says that the "era of plentiful, low-cost bandwidth is approaching an end. The supply of bits, the raw material of our information economy, is rapidly dwindling" unless mitigation is orchestrated on a timely basis, the economic damage to the world economy will be dire and long-lasting." You hear that, we're running out of bits!

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/I93KA0FqtY4/

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