The recent disruption in the internet services across Asia brought to focus the lack of infrastructure to avert disasters such as what occurred. The Atlantic is teaming OFCs connecting Europe to US with a huge amount of capacity going waste. The boom period plans of cabling companies got busted and they incurred huge losses. The positive side of the story is that the infrastructure exists to come up with applications taking advantage of the surplus availability. The developing countries are trying to catch up now since the hunger for bandwidth has shot up. Communication companies themselves are driving the installation and expansion.
There is a fear that this boom might come to an abrupt fall and affect the companies investing in this venture. This might indeed become true. However, I feel that this infrastructure might in the long run help innovation. Today people still tune applications to bandwidth constraints, reducing the rich features that could perhaps be provided. It's in the good will of innovating that we need to overcome the bandwidth hurdle. It may not kick off the first day or first year, but there will be time of boom soon and we should be prepared to ride the tide.
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