ISPs Can Be Regulated Like Banks

The closest analogy to how ISPs operate on the Net is how banks operate on the terrestrial plane today. In most countries, banks are highly regulated, and they have a duty (in most countries) to know their customers. Although their primary mission is to serve their customers, to some extent they operate as (sometimes reluctant) arms of government. They are supposed to report not just illegal transaction, but also questionable ones--whenever someone shows up with more than $10,000 in cash, for example. Banks do not particularly like this duty to oversee their customers, but it is a function they fulfill in exchange for their banking license. Now, I would not want to require ISPs to get a license from their local governments, but they do get equivalent, decentralized authority from the willingness of other ISPs to exchange traffic with them. In effect, they are guarantors of their customers' behavior. (Likewise, there are rogue banks that law-abiding banks refuse to do business with today.)


In order to Bank in the United States, the company agrees to abide by certain rules and reporting practices, ISPs could be subjected to the same.

Folksonomies: www internet web policy

/finance/bank (0.412417)
/technology and computing/internet technology/isps (0.389411)
/law, govt and politics/government (0.316549)

banks (0.973385 (negative:-0.197580)), law-abiding banks (0.806665 (negative:-0.666203)), rogue banks (0.751442 (negative:-0.666203)), ISPs (0.702978 (positive:0.033038)), closest analogy (0.676982 (negative:-0.210118)), certain rules (0.640934 (neutral:0.000000)), United States (0.632340 (neutral:0.000000)), terrestrial plane (0.626449 (negative:-0.210118)), ) arms of government. (0.615396 (negative:-0.326449)), questionable ones (0.603669 (negative:-0.611855)), illegal transaction (0.597852 (negative:-0.695474)), decentralized authority (0.573109 (positive:0.415711)), primary mission (0.572395 (positive:0.343291)), local governments (0.546337 (negative:-0.336367)), banking license (0.520533 (neutral:0.000000)), customers (0.440971 (negative:-0.067733)), duty (0.314806 (negative:-0.411023)), countries (0.258699 (neutral:0.000000)), guarantors (0.248335 (neutral:0.000000)), willingness (0.233754 (positive:0.415711)), extent (0.214284 (neutral:0.000000))

United States:Country (0.902235 (neutral:0.000000)), $10,000:Quantity (0.902235 (neutral:0.000000))

Bank (0.945408): dbpedia | freebase | opencyc
United States (0.874213): website | dbpedia | ciaFactbook | freebase | opencyc | yago
Sovereign state (0.805019): dbpedia | freebase
State (0.709248): dbpedia | freebase

 Release 2.0
Books, Brochures, and Chapters>Book:  Dyson, Esther (1997), Release 2.0, Broadway Books, New York, NY 10036, Retrieved on 2010-11-13
Folksonomies: new media www internet futurism