Mark Zuckerberg: ‘Internet Should Be 100x More Affordable’

100xFacebook founder Mark Zuckerberg thinks that the Internet is too expensive and is proposing that it be “100x more affordable.”

The social media veteran introduced this concept in a video that he shared online Tuesday. ”The Internet is the backbone of the knowledge economy,” he said in the video. “If everyone had access to those basic tools, we’d all be able to benefit from all of the innovation and creativity and ideas that everyone had.”

His idea is to make basic Internet services affordable, “so that everyone with a phone can join the knowledge economy.” In order for this to work economically, explained Zuckerberg, the Internet needs to be 100x more affordable.

Zuckerberg’s proposal is two-fold. First he suggests reducing the cost of serving the data by 10x and reducing the amount of data by 10x as well. To reduce cost, he proposes building out infrastructure, cleaning out the airwaves to make them more efficient and introducing lower cost open-sourced hardware. Reducing the amount of data can be done in a few ways instead, according to Zuckerberg. He suggests that apps include cashed data so that users don’t have to requet data every time they look something up. He also recommends compressing data.

Related Stories
Mediabistro Course

Social Media 201

Social Media 201Starting October 13Social Media 201 picks up where Social Media 101 left off, to provide you with hands-on instruction for gaining likes, followers, retweets, favorites, pins, and engagement. Social media experts will teach you how to make social media marketing work for your bottom line and achieving your business goals. Register now!