Businesses Will Suffer Without High-Speed Broadband: Grain Management CEO

The video discusses the issue of broadband deserts in the US, highlighting the economic and educational disparities caused by lack of access to high-speed internet. It compares the current situation to the early 20th century's electricity distribution. The conversation also touches on the competition between the US and China in broadband infrastructure, emphasizing the need for the US to regain leadership. The role of infrastructure in upcoming elections is considered, with a focus on digital infrastructure investment. Finally, the video explores investment opportunities in communications infrastructure, particularly in preparation for 5G networks.

What is one of the main reasons for economic and educational disparities in certain areas of the US?

• High cost of living

• Overpopulation in urban areas

• Limited access to public transportation

• Lack of access to high-speed broadband

How does the lack of broadband access affect businesses in certain areas?

• It provides them with more local customers

• It enhances their global competitiveness

• It increases their operational costs

• It limits their ability to grow and develop

What is a significant factor in the competition between the US and China in the broadband sector?

• The speed of internet connections

• The cost of broadband services

• The number of internet users

• The allocation of spectrum

Why is it important for the US to define broadband standards and specifications?

• To reduce internet costs

• To maintain a leadership role

• To increase internet speed

• To limit foreign investments

What is a shared perspective among political parties regarding digital infrastructure?

• It should be limited to urban areas

• It is not a priority

• It should be privatized

• It is essential for competitiveness

What is the estimated annual global investment in communications infrastructure for the next decade?

• $5 trillion

• $1 trillion

• $500 billion

• $100 billion

What is the expected increase in global mobile data over the next decade according to Cisco?

• 2X

• 4X

• 10X

• 8X