Nasdaq
Well-known member
Absolutely correct! Great analogy! The vast majority of the people live in urban metro areas where Starlink doesn't make sense and they already have an affordable provider. This only makes sense for rural areas that are mainly off the grid. As @James Bond mentioned, rural areas with poor internet connection or more importantly NO Internet connection. But this already isn't for the mega-wealthy. This can be implemented in schools where there is no signal and it will enrich and change their lives. Every person in a small village that was cut off from the world previously will have access.By that logic then nothing should ever be done with technology because no one can afford it in the moment. That isn't how technology and innovation works. True, first the upper class of society and the wealthy can only afford it. Then it gets validated and scaled for the masses. Look at air travel before when it came out. I remember when my grandparents would tell me stories of how they first traveled and how expensive it was. Thousands and thousands of dollars in inflation-adjusted dollars. Now, you have every Tom, Dick and Harry that can travel across the world effortlessly and for not too much money.
First you had big airlines and then you had smaller start-ups like Southwest Airlines and Frontier and Easy Jet and Ryan Air and on and on. Just imagine if companies or even governments had the attitude not to even do it as there was no market for it and no one can afford it. This is how things get done. With technology it will only get innovated and build faster.
Starlink and other services like it are a new technology but you will probably find that more and more people will be interested in it. Having internet access is essential now for work, for kids learning. As more and more companies expand and compete, the prices will come down. It's always how business and technology works. When computers and TV's came out they were very expensive and only for the wealthy.
It's too expensive to extend fiberoptic networks in rural areas due to the low population of people living in those areas. This all makes things become a reality. Stop with your negative way of thinking. Wake up and realize how technology will change the world.
This is a GREAT thing! I"m not sure how anyone can argue otherwise.