[quote=poorgradstudent]
Mostly I’m just worried that as more and more millenials cut the cord for cable TV and only use cable internet, the cable companies will try to make up their revenue by raising rates. I don’t like being in a position where one company can more or less change me whatever they want because I “need” their service and there’s no other decent option.[/quote]
It’s not only the lost revenue it’s the increased cost of having infrastructure that handle that bandwidth load. The internet providers can only advertise these high speeds and unlimited usage because only a few people at a time use that speed and require that amount of usage. If a material percentage of people all tried to use that bandwidth at the same time the backend infrastructure wouldn’t be able to handle it.
With net neutrality my guess is that we are going to end up with metered connections. I.e. you might get some base usage for some relatively modest fee but if you’re going to be streaming a bunch of 4K content you’re going to be paying at least a couple hundred dollars per month.
Bottom line cord cutters that think they are getting a great deal for $10 netflix plus $50 internet are not going to be liking things as much in the future.