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The Internet Is Dead

You gotta love Mark Cuban, the founder of Broadcast.com and billionaire owner of the Dallas Mavericks, where his temper and outspokenness have resulted in over $1 million in fines (a drop in the bucket for someone worth $2.3 billion).

While Cuban made his billions from the Internet, he's not too excited about what he sees in today's cyberspace. Cuban argues that the Internet "is dead" and -- in a huge surprise to kids all over America -- that the 'Net "is for old people."

Cuban loves to stir things up, but he makes some excellent points in a lengthy interview with Portfolio magazine. His main concern is that broadband speeds aren't increasing fast enough and aren't nearly snappy enough to support revolutionary applications like quickly downloading high-quality movie files.

In a move I'll happily back, Cuban is calling for home connections to be 1GB per second. Now, that's some serious downloading!

Posted by Doug Barney on August 27, 2007 at 11:52 AM