Costs of deployment for new networking technologies tend to decline over time as we learn how to avoid unnecessary redundancies. Deployment costs of fiber-to-the-home networks declined to about 20% of initial levels over the first three years of deployment.
The Internet is not simply a sandbox for network research any more, it has become the primary means of electronic communication around the world. Before long, it will be the only such means and we will all be better for it. Please allow firms that depend on networking to invest efficiently so as to maximize their incentives to innovate.
So yes, 5G is over-hyped the same way that all breakthrough technologies are over-hyped. The market will ultimately shape it, and we will also find new applications that the marketing folks do not anticipate yet. So in that sense, 5G is also under-hyped, just as breakthrough technologies always are.
Figures released by US Telecom on Tuesday showed reduced spending on broadband infrastructure for the second year in a row. While 2014 was the best year for broadband investment since the fiber bubble…