]Scroll Down For LIVE Video[
Mark Cuban’s View:
Mark Cuban joined Glenn for a full hour on TheBlaze TV to discuss the impending decision on net neutrality. Cuban has been an outspoken opponent of net neutrality, and laid out the impact that the legislation could have on entrepreneurs. Scroll down for a transcript of this segment – Watch the full video on demand now at TheBlaze TV Glenn: Okay, so I want to start with net neutrality, because you are one of the more outspoken people on this, and you say that it’s going to destroy the Internet as we know it. Mark: It’s hard to destroy the Internet, but at the same time, I think it’s going to create so much uncertainty that we won’t be able to progress as quickly as we have over the last 20 years. Glenn: Do you see a Department of the Internet? Mark: I think that’s what the potential for this rulemaking at the FCC could turn into. I mean, the FCC will have no problem being the Department of the Internet even though they’ll deny that moniker. You know, what it comes down to is that the net has worked. You know, I was writing up something today for somebody in Congress. They had asked me just for something little, and there’s really only two laws that matter for the Internet. One is Moore’s law that says technology is going to double in speed basically. Glenn: Which it has. Mark: Which it has, right? And the second is Metcalfe’s law, which says the more devices you add to a network, the more valuable the network becomes, which has been the foundation of the Internet itself and social networking. The more people connected, the more valuable it becomes, and now we’re getting to the Internet of things, the more devices you can connect. Those are the only two laws we need because those have spurred competition. We’re not in an industry where the technology has become stagnant and there’s no more enhancements, and so we need regulation to try to make things happen, right? We’re not there, and so as long as the technology is allowed to advance, we’re okay. Glenn: Show me where the internet…even with porn…you know, there’s a lot of bad things on the Internet. Mark: There’s a lot of bad things everywhere. Glenn: There’s a lot of bad things everywhere. Show me where the Internet has failed. Show me where the problem is. Mark: They can’t, right? So, if you start looking at the foundation of the net neutrality argument, step number one is well, we’re afraid that the big companies, the big ISPs, are going to prevent access to websites. Well, that’s never happened. There has never been a legal website that that happened.