Do you think its feasible to build a network that is not oversubscribed? Do you think the current cost of Internet subscriptions could pay for a network that is not oversubscribed?
Netflix and others for sure do not pay a lot for their Internet connection, they do not really have one in this context. Most of the traffic comes from their CDN nodes, these are place directly inside ISPs own network (a server with multiple 10Gbit connections), they do not pay the ISPs a lot for this as its also a large benefit for the ISP since otherwise this traffic would come over peering instead and would have to travel further as CDN nodes can be geographically distributed.
The TCO of the ISPs network investments and operation is paid by their end customers, the current low cost is only possible if their network is oversubscribed.
All these things are simply solved by having a competitive market, countries that have that pay much less in Internet subscription costs. Competition is enabled by municipal networks (the ones here do not offer their own Internet service, they put down fiber when other stuff needs to be put in the ground, then let ISPs connect to their network), or by forcing ISPs to share last mile connections to other ISPs.
Netflix and others for sure do not pay a lot for their Internet connection, they do not really have one in this context. Most of the traffic comes from their CDN nodes, these are place directly inside ISPs own network (a server with multiple 10Gbit connections), they do not pay the ISPs a lot for this as its also a large benefit for the ISP since otherwise this traffic would come over peering instead and would have to travel further as CDN nodes can be geographically distributed.
The TCO of the ISPs network investments and operation is paid by their end customers, the current low cost is only possible if their network is oversubscribed.
All these things are simply solved by having a competitive market, countries that have that pay much less in Internet subscription costs. Competition is enabled by municipal networks (the ones here do not offer their own Internet service, they put down fiber when other stuff needs to be put in the ground, then let ISPs connect to their network), or by forcing ISPs to share last mile connections to other ISPs.