Friday, January 7, 2011

FCC Chairman Predicts 35-Fold Mobile Bandwidth Increase Next 5 Years

The amount of spectrum available for mobile broadband represents about a
threefold increase over where we were a few years ago, says Federal Communications Commission chairman Julius Genachowski. "Sounds good, until you see the forecasts of a 35 times increase in mobile broadband traffic over the next five years."

"And I believe that projection is conservative, not fully accounting for the explosive growth of tablets and what I predict we’ll see from 4G."

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On the Use and Misuse of Principles, Theorems and Concepts

When financial commentators compile lists of "potential black swans," they misunderstand the concept. As explained by Taleb Nasim ...