Comment Fiber optic bubble? (Score 1) 28
I guess I'm confused, how is a technology with a decades-long service life and is basically a capital investment subject to the same sort of label of 'bubble' compared to the explosive growth of something using a commodity model with obsolescence measured in years?
In 2020 I had to occasion to have some OS1 singlemode fiber installed back in 1994 terminated into splice cases and put into use. That fiber sat for basically a quarter century and was then usable when I needed it.
Where I work now I no longer have primary responsibility to deal with cabling infrastructure, but we still light up metro-crossing fiber between locations that could well have sat dormant for decades. Costs to install pathways right now are RIDICULOUS, like upwards of $1000/linear foot for underground conduit work. Stuff installed for a tenth or less that price 20 years ago is paying for itself now even accounting for inflation if I'm not having to spend $50k to go fifty feet between buildings. And unlike point-to-point wireless shots there's no recurring licensing fees to the FCC, there's no service-subscription costs to the wireless equipment manufacturer, and there's basically no lifecycle costs to regularly replace the connection.
If there was any sort of fiber bubble, it was that those looking to profit off of it weren't thinking like a utility, where the ROI takes awhile to see, but the investment in the installation lasts for decades, not months or years. It's only a bubble if you're not a long-term thinker.