- cross-posted to:
- technology@lemmy.world
- cross-posted to:
- technology@lemmy.world
Starlink loses out on $886 million in rural broadband subsidies::The FCC reaffirmed a decision not to award Starlink a nearly $900 million subsidy for offering 100Mbps/20Mbps low-latency internet service in 35 states.
Reminder that Starlink is the internet equivalent to the Hyperloop.
There are untold billions that the government gave out as subsidies to increase internet speeds across the nation and bring internet to everyone across the U.S. Which mysteriously vanished.
All the while now Elon has been promising vaporware and bullshit, as he usually does while Tech Bros, billionaires and the media gobble it up.
Eh, starlink at least works by all accounts. I guess the jury is still out if it’s sustainable as a business because the satellites are deorbiting like crazy.
They aren’t sustainable because they are de-orbiting but they’re also supposed to be low-cost and high speed.
If the prices aren’t low-cost, and the speeds continue to decrease, it’s entire purpose is defeated.
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Starlink, as a service for those that have it, is not Vaporware. It functions, pretty well.
Starlink as a government subsidized, nationally impactful program is Vaporware
Hyperloop should be halted and replaced with high speed rail, and starlink should be nationalized. Musk keeps rinsing and repeating his grand privatized infrastructure projects where he essentially embezzles public funds.