Technology is power, but it can have both economic and social consequences. Technology-based businesses have become a fast growing commodity and a very lucrative industry around the world. Verizon has become one of the largest providers of communications services worldwide.
Currently, Verizon is profiting from the telephone, cellular phone and broadband internet connection services that it provides to New Jersey customers, and the company is hoping to increase its profits by expanding into a cable television service. I worry that Verizon’s efforts to bring a high-tech television service to New Jersey will discriminate against the poorer communities and hurt them financially.