Why America's businesses need faster broadband networks

Julius Genachowski, chairman of the Federal Communications Commission, argues for the improvement of America’s broadband infrastructure on Forbes.com. At the heart of his argument is that America needs this upgrade sooner, rather than later, in order to keep its competitiveness rating high.

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Indeed, if the spread and increase of popularity of modern mobile devices serve as indicators of what public demand will be like in the future, then it points to the need for constant connectivity. And to attend to this demand, there is the need for speeds that go beyond megabits.

Genachowski points out that the upgrade of the information infrastructure goes well beyond consumer convenience, which is already an important element that businesses must always strive to attain. It is necessary to further push for economic growth and job creation in the industries.

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There are some broadband providers who believe otherwise. Currently available broadband speeds have kept up with what mobile devices can handle, and there has been little demand for faster alternatives.

However, if innovation remains among the nation’s greatest concerns, then the information infrastructure necessary to support new findings, even if it seems too advanced for its time, must already be put in place. America’s businesses need all the advantages they can get in order to encourage the country’s innovators to create cutting-edge technologies, and to attract more of the world’s greatest entrepreneurs.

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