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While he was once known for his talent as one of the web's most creative leaders, Mark Cuban today is better known for his childish outbursts on the basketball court.  (Source: AP)
Billionaire tries to outdo Michael Bay by delivering fiery speech against what he sees as dying online world

Famed internet-made billionaire and blogger Mark Cuban raised quite a stir this week when he announced dramatically, "The Internet’s dead. It’s over."  The comments made by Cuban at the CTAM summit will likely strike many as eerily familiar of Michael Bay's HD DVD trashing rants.

Cuban became a billionaire when he sold Broadcast.com, originally Audionet, to Yahoo for $5.7B.  Cuban built Broadcast.com into an online powerhouse after co-founding it with earnings from the sale of his company MicroSolutions in the 80s, an early reseller of Lotus Notes.  Broadcast.com at its peak featured 420 radio stations and networks; 56 TV stations and cable networks; and live game coverage of over 450 college and professional teams. 

He used his wealth to buy the Dallas Mavericks and while a blogger himself, has recently taken a rather scornful attitude to the internet, which made him wealthy.  He recently created a stir when he became the first team owner to ban bloggers from an NBA locker room.

At the CTAM conference, Cuban's new anti-internet sentiment became vitriolic.  He addressed the panel which consisted of cable systems providers stating, "The Internet’s for old people."

Cuban claims the internet has stagnated and that the only new invention on the internet was YouTube.  Cuban, however, went to argue that YouTube is nothing more than a sham based on copyright infringement and represents little real creativity.  Cuban feels that cable and satellite networks have overtaken the internet in providing complex interactive services.  Cuban says he once thought the internet would be superior for providing such services, but remarks, "I was wrong."

He points to the openness of collections of cable networks versus networks built by telephone companies like Verizon, which are stymied by problems talking to each other.  Cuban envisions cable services offering users suites of office applications or other complex utilities, something he says would allow them to leverage their superiority to "outgoogle” Google.

While Cuban believes strongly that cable intranets are superior to internet, most experts think his claims are very off base.  They state that his proposed cable systems applications sound remarkably similar to the cable television network flop @Home, which attempted to market a higher-speed "private" internet, that was separate from the normal internet.

While Cuban is known for a flare for histrionics and outbursts, his collected, deliberate speech about his animosity for the internet is sure to stir up a great deal of controversy. 



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RE: Internet?
By Cygni on 3/28/2008 4:48:49 PM , Rating: 6
The internet Cuban made his billions on is dead, thats for sure. A place where you could have the same vague, semi useful idea as millions of other people, set up a shoddy service and get bought out by an excited venture capital firm for millions. That internet is dead.

The current internet? That people have in their cars, works, home offices, cable boxes, planes, and pockets? The thing that allows information sharing and contact on a global scale at a level never thought possible? That place is doing just fine, and isnt going anywhere unless its outright banned.


RE: Internet?
By bplewis24 on 3/28/2008 5:03:38 PM , Rating: 5
I have a feeling Mr. Cuban is going to get in the official's ear about giving you a technical foul ;)

Brandon


RE: Internet?
By walk2k on 3/28/2008 5:54:14 PM , Rating: 5
Exactly. Cuban's venture capital toilet-flushing internet circa 1999 is dead, sure. What's left are companies that actually provide a useful service (or are popular enough to support themselves via banner ads anway... ie U-Tube).


RE: Internet?
By hcetyliad on 4/7/2008 12:22:39 AM , Rating: 2
Yeah. He better get Internet2 put down as well ...

Moving data 100 to 1000 times faster than Internet1 will just not keep it alive.

http://www.broadbandinfo.com/broadband-connection/...


"Can anyone tell me what MobileMe is supposed to do?... So why the f*** doesn't it do that?" -- Steve Jobs














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