In the address to the UN and in support of the ONE initiative, Mark Zuckerberg, the chief of Facebook has theorized that greater access to internet will help erase poverty in the world (possibly by 2030 - in 15 years)
We ask the opposite perhaps in the Philippines. Will making internet faster and cheaper, ie making it more accessible make the ISPs poorer? What do you think?
The ISPs are all ready awash with cash and profits, and yet do not do much, or do nothing to address the issue. They say that this is due to over capacity and over subscription. Well how do you address that? By adding capacity, use of better technology, and that means cap ex. May be they are not willing to make that investment. And the sad thing is we do not know the whole story, so are our regulators and govt officials.
Will greater internet access make the ISPs poorer?
The sad thing is that only 3 out of 10 Filipinos, according to the UN report have internet access. What happens to the 7 others? (Only 37% of Filipinos From Rappler - Broadband report have internet access, placing Philippines 106th out of 191 countries evaluated. Will having less in life mean that they will have less opportunity?
This is rather disturbing because we thought that private initiative will only have the best interest of the public as priority.
