The promising future of the web? You bet!

Interesting dichotomy on the front page of The Washington Post yesterday:

On the upper right front was dismal economic news for localities.

But on the left side, was an article that offered a completely different outlook for those of us in the media field.

Here's a link to the complete article: http://tinyurl.com/yk9q57f

It talks about the push by the Feds to expand broadband internet both in access and capacity.

I believe the implications for those in the media field are huge -- particularly for a media replication and related multimedia company like Video Labs http://www.videolabs.net/, where I work.

Having broadband will become no different than having electricity or running water in our homes.

Interesting to read in the article as to who might be the potential winners and losers of this.

I took particular note of how there will be a increase demand on fiber.  Hmmm, interesting how just a few years ago, during the tech bust, we saw a glut of fiber on the market.  Prescient people were indeed predicting at the time that we were only at the bottom of the first inning as far as the internet and its impact on the economy and society were concerned.

Ah, the ups and downs of capitalism, I guess.

If history tells us something, we may very well be in a period similar to the railroads in the 1880's, the electric utilities in the 1890's, or the automobile industry in the 1920's.

Let's see . . . hmmm, my teenage daughter does most of her television watching online now.  A NY Times reporter tells how he and his wife were able to disconnect from cable tv: http://tinyurl.com/yec3wx4

I believe we are following a smart strategy at Video Labs.  While we will probably always have one foot in the physical media arena, our expansion into offering multimedia services for web distribution will likely be our growth area.

And we are preparing accordingly.

Stay tuned and hold on.  I think our future is gonna be bright . . . and fun.

Your thoughts?

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