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Author Topic: Internet would become the most expensive commodity in the world.  (Read 880 times)
Kez1817
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April 08, 2020, 05:56:14 PM
 #61

I think so ,because almost everyone uses the internet and the devices we used both in our home or at works also needs internet. So far we started already paying expensive for internet and there is none free now all have expensive fees not only the internet but also our basic commodities like water and electricity.Don't be surprised if the internet would become the most expensive commodity in the world because it has a greatest demand.

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April 09, 2020, 11:16:44 AM
 #62

I don't think so, internet is expensive now (if you wish the best one), but if you are ready to settle with some low speed internet it can be very cheap! Like all other services, you can use them for free, you can play certain games for free, but if you wish better, faster you will need to add more money. But it's something with what we meet every day, you don't need to be smart to see that it's a business and that business will continue to be the same in the future.
I can't remember exactly, `97 or `98, one guy in my street had satellite receiver to watch international channels and internet on that, nobody else had that! We started with dial up modems in that time. Bottom line, he had money and he had the best on the market, the rest of us were from working class and we didn't have other choice than to settle with dial up! I still remember the sound when it's connecting! Smiley

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Ronaldcoin2017
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April 10, 2020, 04:13:33 AM
 #63

I think internet is not that expensive it always depend on the way we use it or on how we consume it. Internet is really important to us that is why people add internet as a basic nesicity and it is really expensive if we are going to put basis on the whole usage of the country.
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April 10, 2020, 05:59:58 AM
 #64

I think internet is not that expensive it always depend on the way we use it or on how we consume it. Internet is really important to us that is why people add internet as a basic nesicity and it is really expensive if we are going to put basis on the whole usage of the country.

Even if it's important for people who live in a big country, the internet in a small country or developing country is not cheap, and only some people who can access the internet. But yes, today, it seems, the government realizes that the internet can help them to get the actual news that happens in other country or places so they can know or they can anticipate if something worst happens. Besides that, I am sure that sooner or later, the internet cost will not be expensive anymore for all people.

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April 18, 2020, 08:48:43 AM
 #65

~
Having a price on internet itself is already silly, we are paying for a connection that’s only existed virtually, Internet  has no intrinsic value, for instance gold has intrinsic value, bitcoin has intrinsic value, bitcoin mining cost is the intrinsic value, gold mining cost is the intrinsic value, what’s internet intrinsic value? You don’t mine internet, you just connect internet over the air with a little electric energy converted into radio wave and broadcast into the air to the space to the satellite and reflect it into the satellite disc receivers on the earth ground and decode the data and read it on the computer, the intrinsic value might be just a fraction of dollar, but we pay hundreds dollar for it. Not gonna call it cheap anytime sooner.

Don't you think that those satellites, receivers and also servers, and all the people working on providing functionality of the above require some money to be put into?

I don't know how much do you pay for the Internet, but I pay $12 per month for 10+ Mbps download, and around 2 Mbps upload speed, and I'm happy with it.



In my opinion, people providing us with the connection are doing a great job, and they must be paid for it.

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April 18, 2020, 12:30:42 PM
 #66

No offense mate but I can't really perceive how internet could become a commodity in the first place. I mean, it is not as rare as gold. Besides, how can you use it on trading? Huh In my opinion, basic necessities such as water and fresh air could be the expansive commodities of the future.
I don't know how much do you pay for the Internet, but I pay $12 per month for 10+ Mbps download, and around 2 Mbps upload speed, and I'm happy with it.
For just $12?! Wow, so cheap yet so fast. Meanwhile, here in our country, you can't feel such speed at all Roll Eyes. I don't know if it was just about the topographical feature of our area or those companies are just deceiving us tsk.  
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April 18, 2020, 02:17:14 PM
 #67

~
Having a price on internet itself is already silly, we are paying for a connection that’s only existed virtually, Internet  has no intrinsic value, for instance gold has intrinsic value, bitcoin has intrinsic value, bitcoin mining cost is the intrinsic value, gold mining cost is the intrinsic value, what’s internet intrinsic value? You don’t mine internet, you just connect internet over the air with a little electric energy converted into radio wave and broadcast into the air to the space to the satellite and reflect it into the satellite disc receivers on the earth ground and decode the data and read it on the computer, the intrinsic value might be just a fraction of dollar, but we pay hundreds dollar for it. Not gonna call it cheap anytime sooner.

Don't you think that those satellites, receivers and also servers, and all the people working on providing functionality of the above require some money to be put into?

I don't know how much do you pay for the Internet, but I pay $12 per month for 10+ Mbps download, and around 2 Mbps upload speed, and I'm happy with it.



In my opinion, people providing us with the connection are doing a great job, and they must be paid for it.

Don’t get me wrong, internet will still work without satellite/EM waves/receiver, you would just need a cable between two computer connecting the Ethernet port, and voila you have the internet, although that’s more accurately to call “intra-net”, but it’s just a proof of concept, I just need to mention you do not need anything else to get internet, the reason satellite, 3G, 4G, 5G, exists only for one purpose, that’s to drain your money even faster than cable connection and you think they deserve the credit for draining up all your hard earned dollars? That’s bravo! let’s me clap for you, yeah it’s cheap I know you are paying nearly effortlessly for that bills, but I’m paying nothing to connect, to local network (127.0.0.1) that’s alone would make your internet more expensive than mine.

Self hating nerd that want to escape from reality into the cyberpunk.
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April 18, 2020, 02:34:33 PM
 #68


I think Mark Zuckerberg used to advocate free internet access to everybody around the the globe, despite internet cost almost nothing to connect two devices, what is spend during the transmission of internet data are just so satellite radio waves or some wire cable electricity, compare to digging gold from the earth crust, you digging gold you need a lot of men’s power, you need a lot of chemicals, you need a lot of heat to melt gold, a lot of petrol to move the gold, a lot of space to store the gold, a lot of everything to keep gold to what we have today, but it mean nothing. Internet would become the most expensive commodity eventually, you would gonna spend a lot of your hard earned money on internet bills and make the greedy conglomerate who control the entire internet water pipe business and force you to pay all your money to access the internet the entire life of you living on this earth, the free internet is dead, the free education is dead, the toll free road is dead, and we all have forgotten what they promise to give us free water free electricity free healthcare free retirement, soon we will forget we used to promise free internet access to all investors, btw it’s all a lie.
I remember a guy with the same goal.

https://en.wikipedia.org/wiki/ILOVEYOU
The I love you virus guy from the Philippines.

Quote
To show intent, the NBI investigated AMA Computer College, where de Guzman had dropped out at the very end of his final year.[12] They found that, for his undergraduate thesis, de Guzman had proposed the implementation of a trojan to steal Internet login passwords.[14] This way, he proposed, users would finally be able to afford an Internet connection. The proposal was rejected by the College of Computer Studies board,[13] prompting de Guzman to cancel his studies the day before graduation.

I bet he is in a good position now somewhere in the government of USA.
I know the guy and his brother and they are really good.

Now look at us, paying a lot for just radio waves which is owned by the government or the people of the country and yet we are also the ones suffering to pay a lot for just the service.

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April 18, 2020, 02:48:23 PM
 #69

Good argument but I don't think that Internet will become the most expensive, on the contrary, I believed it will become more cheaper as we advance this technology. Today I'm paying around 25$ for a 10 Mbps. Yes, you might say that this is expensive basing on the speed as compare to other countries. But I used to pay $50 back then just like 10 years ago, and back then the service has horrible, and the company has a poor service.

But with the advent of latest trend, and more companies joining the picture, services here become cheap because of competition. Actually you can see a lot of marketing in the streets trying to lure someone to get out of their current services provider and moved to the new and latest and fastest provider. Although, I'm locked for 1 year, which I just renew every year. They even offer me some Iphone (old model obviously) just to keep me with them, Lol.

If we are talking about great innovation and I think this is the internet, internet is a failed military mission or plan that use to connect into other lines but it failed after a few years some one improve the concept and now we are using the one of the essential thing today in the world that is the internet, for me internet are not the most expensive one in the world instead Internet is free if you mind @OP one of the thing why does the internet becomes expensive it is just because we are paying the connection of the cable from different countries if you are in U.S they have a good internet but if you are just in the S.E.A it has limited internet providers so they can conquer the world of the internet, most of the time internet now is one of the tool we need to use nowadays, all of the gadgets we have need to work in the internet, even about researching it is more on Internet and we rely now in the Internet it is a huge impact of the internet will gone, it becomes a catastrophe.

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April 18, 2020, 05:12:57 PM
 #70

Today we we can say without internet we are nothing, many people make internet as their destination looking for much money with several platform like become youtube, writer and many people become investor with bitcoin and altcoin absolutely must use internet, without internet they can't work.

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April 18, 2020, 05:41:59 PM
 #71

Internet fee is getting cheaper and cheaper by days passes and I don't think the price of internet data will increase in the future but they will give free internet and make everyone more lazy and be quarantine all the time by work from home concept and this is not going to happen in near future anyways. Smiley
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April 18, 2020, 06:12:38 PM
 #72

Up to the point that it became a need for every business, enterprise, and household. We may get some free data but I doubt it that we'll get free internet access.
Free internet is not impossible, but for now, there are many capitalists in it..  I am very confident in the future, Mark is able to make free internet if it is given support by influential people and governments in countries around the world..

Quote
Taking on social networking giant Facebook's ambitious 'free internet' plans, telecom major Bharti Airtel chief Sunil Mittal has said the companies should do 'philanthropy' if they stop charging for mobile internet.

Facebook has launched an 'internet.org' initiative under which users can access internet free of charge for select websites if they come through a partner telecom operator.
source: https://economictimes.indiatimes.com/tech/internet/want-to-free-internet-do-philanthropy-sunil-mittal-to-mark-zuckerberg/articleshow/46491559.cms?from=mdr

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April 18, 2020, 07:06:34 PM
 #73

Internet fee is getting cheaper and cheaper by days passes and I don't think the price of internet data will increase in the future but they will give free internet and make everyone more lazy and be quarantine all the time by work from home concept and this is not going to happen in near future anyways. Smiley
The price of the internet is getting cheaper because of the competition however it is not cheap as it looks like. Fiber cables used in wires are expensive, maybe that's another form factor of the service pricing depending on the cable manufacturer plus the installation process and manpower, there are internet that cost the installation a lot than the others. The other factor is the place, if your place is not yet covered for the internet then there will be a special tower of you, but you won't get that in the normal price because it will be expenses will be shouldered by you unless you have neighbors that is willing to help you with that.

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April 18, 2020, 08:07:00 PM
 #74

This post is consistent with your idea so your argument makes sense. I would like the service to be more competitive around the world due to the great communication value. Not only to consume advertising but to integrate anyone at some distant point that requires communication.

https://www.quora.com/Will-the-Internet-become-a-commodity-like-electricity#

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April 18, 2020, 10:27:07 PM
 #75

Today we we can say without internet we are nothing, many people make internet as their destination looking for much money with several platform like become youtube, writer and many people become investor with bitcoin and altcoin absolutely must use internet, without internet they can't work.
The world revolves around internet and many of the states comes to a stand still if there is an internet failure but to think that it will be an expensive commodity is a over statement, but the most important commodity is better suited rather than the former. Not sure about third world countries but i am using cheap connection with a standard speed that is not draining my budget.
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April 18, 2020, 10:49:58 PM
 #76

~
Having a price on internet itself is already silly, we are paying for a connection that’s only existed virtually, Internet  has no intrinsic value, for instance gold has intrinsic value, bitcoin has intrinsic value, bitcoin mining cost is the intrinsic value, gold mining cost is the intrinsic value, what’s internet intrinsic value? You don’t mine internet, you just connect internet over the air with a little electric energy converted into radio wave and broadcast into the air to the space to the satellite and reflect it into the satellite disc receivers on the earth ground and decode the data and read it on the computer, the intrinsic value might be just a fraction of dollar, but we pay hundreds dollar for it. Not gonna call it cheap anytime sooner.

Don't you think that those satellites, receivers and also servers, and all the people working on providing functionality of the above require some money to be put into?

I don't know how much do you pay for the Internet, but I pay $12 per month for 10+ Mbps download, and around 2 Mbps upload speed, and I'm happy with it.



In my opinion, people providing us with the connection are doing a great job, and they must be paid for it.
In my side ive been paying up $36/month on this connection which is more expensive compared to other places. Well i dont have any choice..


Internet should be free? I dont think so yet we know that there are lots of resources needed and manpower to build up a network.
So its just understandable since this is business after all.

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April 18, 2020, 11:11:21 PM
 #77

Now the internet is a basic necessity of human life. Because almost all people really need the internet, therefore not wonder if the internet
is the most expensive commodity. Even companies that deal with the internet become very valuable and become companies that have large
profits. Like Google, YouTube, Facebook, Telegram and so on. And according to the survey 90% of humans use internet for more than 15 hours
a day, indeed the influence of the internet on human life is very large.

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April 19, 2020, 03:54:07 AM
 #78

snipped-
Now the internet is a basic necessity of human life.
I tend to agree, even though those young ages now are know how to use a mobile phone.
Internet nowadays can be considered an expensive commodity. In the future, it may or may not be the most expensive depending on the country and how the government would handle it. If capitalism would reign then there will be a big competition that may result in lower prices for the internet. However, if the internet will be supplied by a single company then they will have full control over its price.

In my country, there are 4-5 internet providers, if you didn't purchase the most expensive one you surely experienced a very low service that makes you annoying.

Paying $36 per month and here is my connection speed.

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 INSTANT 
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April 19, 2020, 06:24:00 AM
 #79

Internet fee is getting cheaper and cheaper by days passes and I don't think the price of internet data will increase in the future but they will give free internet and make everyone more lazy and be quarantine all the time by work from home concept and this is not going to happen in near future anyways. Smiley
The price of the internet is getting cheaper because of the competition however it is not cheap as it looks like. Fiber cables used in wires are expensive, maybe that's another form factor of the service pricing depending on the cable manufacturer plus the installation process and manpower, there are internet that cost the installation a lot than the others. The other factor is the place, if your place is not yet covered for the internet then there will be a special tower of you, but you won't get that in the normal price because it will be expenses will be shouldered by you unless you have neighbors that is willing to help you with that.
Not many ISPs provide fiber optic connections for internet, they still uses radio waves so the speed is slower but its very cost effective for the internet service providers.Any private ISP will try to provide internet for remote areas unless they have enough traffic to cover the expenses.
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April 19, 2020, 08:35:24 AM
 #80

I think internet is not that expensive it always depend on the way we use it or on how we consume it. Internet is really important to us that is why people add internet as a basic nesicity and it is really expensive if we are going to put basis on the whole usage of the country.

It's expensive here and not only expensive there are a lot of restrictions I subscribe to a 25 Mbps for $25 and I'm only getting 1 to 2 Mbps on the first month of my subscription I got all that 25 Mbps but after a few months they restrict me and they only allocate 1 to 2 Mbps we need a third provider here the two current providers we have here are not giving us good service.
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