Quote:
Originally Posted by Bassnut
This has been a very interesting thread. I wasn't keen on NBN just on the cost alone, but I must say I've changed my mind now, mainly due to Gary's missives, most impressive, thanks Gary 
|
Thank you Fred, you are most kind.
When you think about the monumental strides in computing just in the past
few decades and try to imagine what it might be like in a couple of decades
ahead, it readily becomes apparent that you require the fattest i/o pipes possible.
It is not hard to imagine that interacting with systems across the network
that are the descendants of systems such as this one may become the norm -
http://www.youtube.com/watch?v=lI-M7O_bRNg
People will want to be able to move, mine and analyze massive amounts of
data in real time. You will want to be able to ask real questions, not just
Google for relevant documents.
Metcalfe's law, which is attributed to Robert Metcalfe, co-inventor of ethernet,
states that the value of a telecommunications network is proportional to the
square of the number of connected systems.
For countries such as Australia, where 70% of our GDP comes from the service
sector, fiber to the premise makes 100% sense.