On his way out the door, FCC Chairman Tom Wheeler told Republicans not to take away rules that are working and tols his allies to"stay vigilant" against such efforts.
The speech in a nutshell:
- Net neutrality rules are critical to artificial intelligence, virtual reality, cloud-based technologies and the Internet of Things.
- "No company using the internet is safe" if the rules treating broadband providers as so-called common carriers are unraveled.
- Investment in web-based services is up, as are providers' revenue and stock prices; "So, where's the fire?"
The writing on the wall: The incoming Republican majority on the commission are widely expected to quickly start the process of reversing the rules, particularly the expansion of FCC oversight over broadband providers that comes with Title II. Congressional Republicans are gearing up to reverse Title II as well, and could try to limit FCC oversight powers more generally.