Why is net neutrality, the controversial notion that all Internet traffic should be treated the same, so difficult to resolve? An underappreciated reason is each side defines the core terms of net neutrality very differently.
Two articles today show how the Internet economy tends to be like the overall economy but much, much faster. Innovation is faster, the rise of new companies is faster, and maturing and death of those firms is likewise faster than in the industrial and service sectors that preceded it and remain in place beside it.
The call for net neutrality is really a call for a return to monopoly common carrier regulation for broadband networks.
The growing use of Uber to hail a cab is economic dynamism at its finest: an unregulated Internet service upending an old, established service with consumers reaping the rewards.