He better check his analogy
GE, which was a collection of Edison's businesses, most certainly DID make toasters. Wikipedia says that the GE D-12 Electric Toaster was the "first commercially successful toaster."
The CEO of LightSquared has said telecommunications firms are making a mistake in trying to build intelligence into their networks, and should instead go dumb. According to Sanjiv Ahuja, who is heading the company’s push to set up a new LTE mobile network in the US, there is no point in trying to build intelligence into the …
He also priced per time of day and per customer in a manner which was specially designed to eliminate competition from industrial on-site generation. He was very good at it too. In a few years local factory generators which were the norm before he started became history.
As soon as the kids hit Uni, with 80 Mbit connection to his room, they no longer have to download anything. Just get what you want when you want it.
In other words, at 80Mbit, a TB hard drive fills fast.
After about 24 Mbit, (3 HD channels at once), what more do you need? Everything is on demand.
The big worry with internet providers is that 500GB a month only costs about $10 to deliver, so how can they charge 5 to 10 times that? The answer is the 'smart' network.
Good luck goes out to the LIghtSquared types out there.
“This is a problem for US engineers, not politicians, to solve and we will get it done.”
Did they not lobby for change-of-use for that band, knowing full well the issues of GPS power levels relative to any neighbouring systems?
In other words, ignoring engineering and hoping politics will force others to change to suit them making money.