A Research led by Ravi Shankar Chaturvedi investigates our frequently digital global community, in which real interactions in information, social and governmental transfer, business, media, and recreation are being replaced by electronically mediated ones. Our full new report, “Digital Planet 2017: How Competitiveness and Trust in Digital Economies Vary Beyond the World,” verifies that the U.S. is on the brink of dropping its long-held global power in digital innovation.
Our yearlong study investigated factors that lead innovation, such as business conditions, governmental support, start-up funding, analysis and development spending and entrepreneurial talent across 60 nations. We got that while the U.S. has a highly superior digital environment, the pace of American property and innovation is slowing. Other countries not just major governments like China, but also modest nations like New Zealand, Singapore, and the United Arab Emirates are building important public and private efforts that we expect to grow foundations for future generations of discovery and successful startup businesses.
Based on Ravi Shankar Chaturvedi decisions, I believe that going back to old net neutrality rules will risk the digital startup ecosystem that has built value for customers, wealth for investors and globally acknowledged leadership for American technology firms and entrepreneurs. The digital market in the U.S. is now on the verge of stalling; leaving to protect an open internet would more erode the United States’ digital competitiveness, making a troubling condition even worse.
In the U.S., the lines of internet connectivity are tightly constrained. Just five companies – Comcast, Spectrum, Verizon, CenturyLink, and AT&T – serve larger than 80 percent of wired-internet customers.
What those organizations present is both slower and more valuable than in many nations around the world. Ending net neutrality, as the Trump government has introduced, would give internet providers, even more, power, giving them decide which companies’ changes can reach the public, and at what costs and speeds.
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