Kapitalism Fails to Support the Inet

Slashdot: News for nerds, stuff that matters: "'Consumer and corporate use of the Internet could overload the current capacity and lead to brown-outs in two years unless backbone providers invest billions of dollars in new infrastructure, according to a new study. A flood of new video and other Web content could overwhelm the Net by 2010 unless backbone providers invest up to US $137 billion in new capacity, more than double what service providers plan to invest, according to the study by Nemertes Research Group. In North America alone, backbone investments of $42 billion to $55 billion will be needed in the next three to five years to keep up with demand, Nemertes said. Quoting from the study: 'Our findings indicate that although core fiber and switching/routing resources will scale nicely to support virtually any conceivable user demand, Internet access infrastructure, specifically in North America, will likely cease to be adequate for supporting demand within the next three to five years.' Internet users will create 161 exabytes of new data this year.'"