Rush The Court

Personal Finances

As of June 11, 2018, the repeal of net neutrality was official. The Obama-era legislation protected customers and businesses from discriminating service providers. Now, the ISPs are free to charge more for faster loading times. They could even block websites altogether. We’ve listed some potential effects of this repeal so you can be prepared. You don’t want to miss out on the vital information in the last slide.

The Dreaded Letter Will Arrive

Your internet service provider may decide to take advantage of the repeal. If so, there will be warning signs. They will be required to send you a change of policy notification. If you receive one of these by mail or email, don’t trash it. Read it thoroughly so you’ll be in the know about any changes. This next sign will be a little more frustrating, though.

Increased Ads Will Drive You Crazy

Websites are affected by this repeal, too. They may have to pay a greater fee for faster loading. Because of this, websites like Facebook might increase their ad content. It’ll probably be subtle at first. But, it could potentially hinder your experience on the website. What’s really sad, though, is what will happen to smaller companies.

Smaller Websites Could Vanish

Most startups, blogs, and other small sites won’t be able to pay the increased fees. That means one of two things. First, the website could have significantly slower loading times. Second, it might disappear altogether. Slower loading times means less traffic, which could bankrupt the site. Sadly, companies aren’t the only ones that will suffer. The following potential effect will hinder the customer greatly.

Streaming Will Be Infuriating

Video and game streaming services are only becoming more popular, so they’re sure to be a prime target for increased loading costs. If you can’t afford to pay for the “fast lane,” then you may experience more buffering. This can be infuriating, as streaming is the main source of entertainment for many. Could this repeal also affect your ability to work? More on that coming up.

Working From Home Might Become Obsolete

Work-from-home jobs are popular for many reasons. They allow flexibility for those with kids or disabilities. Unfortunately, freelance websites aren’t big money makers. Therefore, your ability to work quickly and efficiently may be taken away. For some, this could potentially cause a loss in income. It is important to note, however, that you may experience little to no change. All of these effects are speculation. At this point, it’s a game of wait and see.