Innovation Asset Blog

Broadband availability proponents equate internet neutrality with innovation

In response to recent reports on internet neutrality put forth by the Federal Communications Commission, the Internet Innovation Alliance - a business and nonprofit coalition advocating open broadband access - released a statement pleading the FCC and the U.S. government to adopt necessary measures to ensure the continuation of widespread unbiased internet service.

Open broadband networks that do not regulate bandwidth or services according to an ISP's interests are necessary for continued innovation, the IIA claims. The organization argues that net neutrality is a cornerstone of web innovation and, consequently, economic viability.

"The last thing we need is new regulations that threaten one of the few bright spots for growth: the broadband economy," said IIA co-chairman David Sutphen. "Now is the time to turn the page on net neutrality and focus attention on the issues like universal service fund reform, digital literacy programs and innovation policy, all of which will help to ensure that every American is benefiting from the broadband economy."

The FCC currently estimates the need for $350 billion in additional investment in order to achieve the goal of "100 percent broadband availability at speeds that enable the next generation of innovative applications."

Although such an investment is a high price amid a stalled economy and a massive national deficit, proponents of internet neutrality believe it is necessary for continued innovation in the broadband world.

Peter Ackerman

Peter Ackerman

Founder & CEO, Innovation Asset Group, Inc.